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The Small Business Letter Of Intent For Business is a crucial preliminary document used in Danish business transactions when parties wish to formalize their intentions before entering into a definitive agreement. This document type is particularly relevant in the Danish business environment, where clear communication and documented intentions are valued in commercial relationships. It serves as a roadmap for future negotiations while providing a framework that aligns with Danish business practices and legal requirements. The LOI typically includes key terms, timelines, and any specific conditions that need to be met before proceeding with a final agreement. While primarily non-binding, certain sections like confidentiality provisions can be made explicitly binding, offering practical protection for both parties during negotiations. This document is especially valuable for small businesses in Denmark as it helps establish professional credibility and clear expectations without incurring the immediate costs and complications of a full contract.

1. Letter Header: Formal business letter header including date, recipient's name, title, and company address

2. Subject Line: Clear statement identifying the document as a Letter of Intent and brief description of the proposed business arrangement

3. Introduction: Identification of the parties and their authorized representatives

4. Purpose Statement: Clear articulation of the business intention and scope of the proposed relationship or transaction

5. Key Terms: Outline of the fundamental terms and conditions being proposed

6. Timeline: Proposed schedule for negotiations and completion of the final agreement

7. Confidentiality: Basic confidentiality provisions regarding the discussions and shared information

8. Non-Binding Statement: Clear statement that the LOI is non-binding except for specified sections (typically confidentiality)

9. Closing: Formal closing statement, signature blocks for authorized representatives of both parties