What Is Included In A Letter of Intent? As it pertains to the buying and selling of an early education company (childcare centers or schools), a Letter of Intent ("LOI") is a written statement expressing the intention of the participating parties to enter into a formal agreement. A LOI is not a formal agreement or a binding contract. The LOI serves the very important purpose of defining the agreed upon terms of a transaction so there are no misunderstandings between the parties, but it does not provide the detail found in a Purchase Sale Agreement.
A well written letter of intent for employment can make or break the process of getting an interview. Your letter and resume are supposed to entice potential employers to want to get to know more about you. Make the right impression with a flawless letter of intent and you will be one of those who make it to the next step, the job interview.