Using a memorandum of understanding, or MoU or letter of intent, is an important business tool that can help deals or projects in the business world. Many companies and government agencies are known for using MoUs to help with relationships with departments, agencies, and other close partners. Although it's not really thought of as a binding contract, they can have that power with the right words being used.
So if you're interested in finding out how to use a MoU to help close a business deal, check out this helpful tutorial above for more information.
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