These are but a few of the possible issues that you need to keep in mind when drafting up a business letter of intent. And, although it can be an expensive exercise, you really should consult your lawyer before you commence.
Confidentiality Agreement and Letter of Intent _ Two Steps to Creating a New Business Relationship. One of the largest dilemmas faced by anyone who is forming a new business idea is who they should disclose their concept to in order to bring it to commercial reality. Disclosure is generally to potential funders, future customers and in some instances to future suppliers.