50 Best Deal Memo Templates

1. Define Key Deal Terms Clearly
Document essential terms such as scope, pricing, timelines, and responsibilities in a concise, unambiguous manner. Use consistent definitions and avoid hidden assumptions to reduce back-and-forth later.

2. Version Control and Approval Workflow
Track each memo with a version number and date, and designate approvers to ensure accountability. Keep an audit trail of changes to prevent confusion if terms evolve.

3. Include Attachments and Assumptions/Conditions
Attach supporting documents (skeleton schedules, term sheets, financial models) and explicitly list any assumptions and conditions. This helps readers assess risk and ensures all parties share the same background context.