Tag Archives: Business

New Franchises can Enhance Business. One-Year Plan for Business

As an AI language model, I can provide you with some general recommendations for a one-year plan for a new franchise business. However, please note that the specifics of your business may vary, so it’s always best to consult with a business expert for tailored advice.

Here are some steps that you can consider for a one-year plan for a new franchise business:

1-Conduct Market Research: Before you start your franchise business, conduct market research to understand your target audience, their needs, and preferences. This information will help you to make informed decisions about the products and services you offer, pricing, and marketing strategies.

2-Develop a Business Plan: Based on your market research, develop a comprehensive business plan that includes your business goals, target market, financial projections, and marketing strategies.

3-Secure Financing: You’ll need to secure financing to start your franchise business. Consider different options such as bank loans, grants, or partnerships.

4-Select a Location: Choose a location that is easily accessible, has high visibility, and is in a high-traffic area. Also, consider the demographics of the area and how they align with your target audience.

5-Hire Employees: Hire the right people to help you run your business. You’ll need employees who are skilled, reliable, and have a positive attitude.

6-Develop a Marketing Plan: Develop a marketing plan to promote your business to your target audience. Use a mix of traditional and digital marketing channels such as social media, email marketing, SEO, and PPC advertising.

7-Establish Partnerships: Establish partnerships with other businesses in your community to increase your visibility and build your brand.

8-Monitor Your Finances: Monitor your finances closely to ensure that you’re meeting your financial goals. Use financial software or hire an accountant to help you manage your finances effectively.

9-Expand Your Business: If your franchise business is successful, consider expanding it by opening additional locations or offering new products and services.

Remember, starting a franchise business is not an easy task, and it requires patience, hard work, and dedication. Following these steps can help you create a solid one-year plan for your franchise business.

Online Store Effectiveness for Business

An online store can be an effective way for businesses to reach a wider audience and increase their sales. Here are some reasons why an online store can be effective for your business:

1-24/7 Availability: An online store is available 24/7, which means that customers can shop at any time, from anywhere. This is convenient for customers who may not have the time or ability to visit a physical store during regular business hours.

2-Wider Reach: An online store can reach customers all over the world, allowing you to expand your customer base beyond your local area.

3-Lower Overhead Costs: Running an online store can be less expensive than running a physical store. You don’t have to pay rent, utilities, or other expenses associated with a physical store.

4-Greater Flexibility: With an online store, you have greater flexibility to change your product offerings, pricing, and marketing strategies. You can easily test new products and promotions and adjust your strategy based on customer feedback.

5-Personalization: An online store allows you to personalize the shopping experience for each customer. You can offer personalized product recommendations, promotions, and marketing messages based on each customer’s browsing and purchasing history.

6-Data Analytics: An online store provides you with valuable data analytics that can help you make informed decisions about your business. You can track customer behavior, sales trends, and website traffic to optimize your marketing and sales strategies.

7-Automation: An online store can be automated to handle many routine tasks, such as processing orders, shipping, and customer service. This frees up your time and resources to focus on other aspects of your business.

Overall, an online store can be a highly effective way to reach more customers, increase sales, and reduce overhead costs for your business. However, it’s important to develop a comprehensive online store strategy that aligns with your business goals and target audience.

Trending People Moving on Digital Business

The digital business world is constantly evolving, and there are many individuals who are making an impact in this space. Here are some trending people who are moving the digital business industry forward:

1-Jeff Bezos: The founder of Amazon, Jeff Bezos, is a prominent figure in the digital business world. He has built one of the largest e-commerce businesses in the world and is known for his customer-centric approach to business.

2-Elon Musk: Elon Musk is the founder of several companies, including SpaceX and Tesla. He is known for his innovative ideas and his focus on creating sustainable energy solutions.

3-Mark Zuckerberg: Mark Zuckerberg is the founder of Facebook, one of the most popular social media platforms in the world. He is known for his entrepreneurial spirit and his ability to adapt to changing trends in the digital world.

4-Jack Ma: Jack Ma is the founder of Alibaba, the world’s largest e-commerce platform. He is known for his strategic vision and his focus on empowering small businesses through technology.

5-Satya Nadella: Satya Nadella is the CEO of Microsoft, one of the largest technology companies in the world. He is known for his focus on innovation and his ability to transform the company’s culture to keep up with changing trends in the digital world.

6-Sheryl Sandberg: Sheryl Sandberg is the COO of Facebook and is known for her focus on creating inclusive workplaces and promoting diversity in tech.

7-Tim Cook: Tim Cook is the CEO of Apple, one of the largest technology companies in the world. He is known for his strategic vision and his focus on innovation in the digital world.

These individuals are just a few examples of the many people who are making an impact in the digital business world. They are leading the way in innovation, technology, and entrepreneurship, and their ideas and strategies are shaping the future of the digital business industry.

15+ Advantages of Digital Marketing

Digital marketing offers numerous advantages for businesses. Here are 15 key advantages of digital marketing:

1-Wide reach: Digital marketing allows businesses to reach a global audience, regardless of geographical boundaries. This helps expand the customer base and increase brand visibility.

2-Cost-effective: Compared to traditional marketing methods, digital marketing is often more cost-effective. It offers various affordable channels, such as social media marketing and email marketing, which can be utilized to reach a large audience without breaking the bank.

3-Targeted audience: Digital marketing enables businesses to target specific demographics and audiences. With tools like data analytics and customer segmentation, businesses can tailor their marketing campaigns to reach the right people at the right time, maximizing the chances of conversion.

4-Measurable results: Digital marketing provides measurable results, allowing businesses to track the performance of their campaigns in real-time. Metrics such as website traffic, conversion rates, click-through rates, and engagement can be analyzed to evaluate the success of marketing efforts.

5-Enhanced customer interaction: Through digital marketing channels, businesses can interact with their customers in a more direct and personalized manner. Social media platforms, online reviews, and email marketing enable businesses to engage with customers, gather feedback, and address their queries and concerns promptly.

6-Brand development: Digital marketing helps in building and strengthening a brand’s online presence. Through consistent messaging, engaging content, and strategic campaigns, businesses can establish a recognizable brand image and foster customer loyalty.

7-Improved customer targeting: With digital marketing, businesses can use various targeting options such as demographics, interests, behaviors, and locations to reach their ideal customers. This precision targeting increases the chances of converting leads into customers.

8-Higher conversion rates: Digital marketing campaigns can be optimized to enhance conversion rates. By analyzing user behavior and implementing techniques like personalized recommendations, remarketing, and effective landing pages, businesses can improve their conversion rates and generate more sales.

9-Increased customer engagement: Digital marketing channels, such as social media, allow businesses to engage with their audience on a regular basis. By sharing valuable content, running contests, and initiating discussions, businesses can foster a sense of community and keep their customers engaged with their brand.

10-24/7 marketing: Unlike traditional marketing, digital marketing operates 24/7. Businesses can reach their target audience at any time, irrespective of time zones. This flexibility ensures that marketing messages are available to customers whenever they are online.

11-Improved customer insights: Digital marketing provides valuable data and insights about customers’ preferences, behavior, and buying patterns. This information can be used to refine marketing strategies, create targeted campaigns, and develop products or services that align with customer needs.

12-Greater flexibility: Digital marketing offers businesses the flexibility to make changes to their campaigns in real-time. If a marketing tactic is not performing well, adjustments can be made immediately to optimize results. This agility allows businesses to adapt to changing market trends and customer demands quickly.

13-Competitive edge: Digital marketing can give businesses a competitive edge by allowing them to effectively reach their target audience and compete with larger competitors. It provides opportunities for smaller businesses to compete on a level playing field with more established brands.

14-Integration with other marketing channels: Digital marketing can be seamlessly integrated with other marketing channels. Businesses can use a combination of digital and traditional marketing methods to create cohesive campaigns that reinforce their brand message and maximize their reach.

15-Enhanced customer trust: Through digital marketing efforts, businesses can establish trust and credibility with their audience. By consistently delivering valuable content, addressing customer concerns, and providing excellent customer service, businesses can build long-term relationships with their customers, leading to increased trust and loyalty.

These advantages illustrate why digital marketing has become an essential component of a successful marketing strategy for businesses of all sizes in today’s digital age.

Importance of Digital Marketing in Advance World:

Digital marketing plays a crucial role in the advanced world we live in. Here are some key reasons why digital marketing is important:

1-Increased Internet penetration: With the widespread availability of the Internet and the growing number of people using online platforms, digital marketing allows businesses to reach a larger audience. It enables them to tap into the vast online user base and connect with potential customers.

2-Mobile dominance: Mobile devices have become an integral part of our lives, and people use them extensively for various activities, including online shopping, social media browsing, and information search. Digital marketing allows businesses to optimize their strategies for mobile users, ensuring that they can effectively reach and engage with this audience.

3-Changing consumer behavior: Consumer behavior has shifted significantly in the digital age. People now rely on the internet to research products, read reviews, and make purchasing decisions. Digital marketing provides businesses with the opportunity to influence and guide consumers throughout their buying journey, from awareness to purchase.

4-Personalization and targeting: Digital marketing offers advanced targeting options that allow businesses to reach their ideal customers with precision. Through data analytics and customer segmentation, businesses can tailor their marketing messages to specific demographics, interests, and behaviors. This personalized approach increases the chances of conversion and customer satisfaction.

5-Real-time analytics and insights: One of the significant advantages of digital marketing is the ability to measure and analyze campaign performance in real time. Businesses can access a wealth of data, including website traffic, engagement rates, conversion rates, and more. These insights enable them to make data-driven decisions and optimize their marketing strategies for better results.

6-Cost-effectiveness: Digital marketing often provides a more cost-effective alternative to traditional marketing methods. With limited budgets, businesses can leverage various digital channels such as social media, search engine optimization, and email marketing to reach a wide audience without spending exorbitant amounts on advertising and promotions.

7-Improved customer engagement: Digital marketing facilitates direct and interactive communication between businesses and their customers. Social media platforms, blogs, email newsletters, and chatbots enable businesses to engage with their audience, address queries, provide valuable information, and build lasting relationships. This enhanced engagement fosters customer loyalty and advocacy.

8-Global reach: Digital marketing breaks down geographical barriers, allowing businesses to expand their reach beyond their local markets. With e-commerce and international shipping options, businesses can target customers in different regions and even go global, broadening their customer base and increasing revenue potential.

9-Brand building and awareness: Digital marketing provides a platform for businesses to establish and strengthen their brand presence. Through consistent messaging, engaging content, and visually appealing campaigns, businesses can build brand awareness, showcase their unique value proposition, and differentiate themselves from competitors.

10-Agility and adaptability: In the rapidly evolving digital landscape, businesses need to be agile and adaptable to stay ahead. Digital marketing allows for quick adjustments and optimizations based on market trends, customer feedback, and performance metrics. This flexibility enables businesses to respond effectively to changing dynamics and seize new opportunities.

11-Integration with other channels: Digital marketing can be seamlessly integrated with other marketing channels, both online and offline. It allows businesses to create cohesive campaigns that leverage the strengths of different channels to maximize reach and impact. Integration enhances brand consistency and ensures a unified customer experience.

12-Competitor analysis and benchmarking: Digital marketing provides businesses with valuable insights into their competitors’ strategies, tactics, and performance. By monitoring competitors’ online activities, businesses can identify gaps, benchmark their performance, and adjust their strategies to gain a competitive edge.

13-Innovation and creativity: Digital marketing offers endless possibilities for creativity and innovation. Businesses can experiment with different content formats, interactive experiences, and emerging technologies to captivate their audience and stand out in the crowded digital landscape.

Sample Notice For Employees of Salary Deduction

There are several reasons why the salary of employees are deducted in the corporate world and businesses. However, if you want to write a letter to notify the employee about his/her salary deduction you check our sample letters provided below for the same purpose. You can leave requests for other topics in the comment box.

Sample Notice About Salary Deduction Ro Employee due to Absence from Work

Mr. Rajeev Khanna,                       

This is to notify you that e have to deduct an amount from your salary this month for the unannounced non-paid leaves you took. You have already taken all the paid leave that you had and now unfortunately we have to deduct ? 500/day for every unpaid leave that you were on.

Thanks.

Sample Notice to Employee About Salary Deduction

Mr. Arjun Singh,

I am writing you this to notify you that the management has decided to deduct your salary for this month. This decision has been taken because of your non-serious attitude with our clients as we have got complaints from our clients that you neglected the event that has caused them damage. Whatever made you neglect the client and not cater to their needs has cost the company its reputation and the damages will be paid from your deducted salary.

Thanks.

Sample Notice About Salary Deduction Ro Employee Due to Absence from Work

Mr. Akshay Kumar,                       

It has been brought to the attention of the management that you missed meetings with the clients last week and did not respond to them professionally and were absent from work without taking an official leave. You took 3 extra leaves that are unpaid and the company will be deducting ?500/day from your salary for that. In case of any issue with this decision, you can discuss it with the manager.

Thanks.

Sample Notice About Salary Deduction to Employee due to Negligence

Mr. Akash Verma,                         

I hope that you already know the reason why I am writing you this letter. We are utterly disappointed with what happened in the office because of your negligence last week. You have gone against the company`s policies that made two of our employees fight during working hours that cost the company a probable client as well. to make sure this does not happen again and you take it as a warning to not repeat these mistakes company is deducting 30% of your salary for this month.

Thanks.

Example Salary Deduction Letter To Employee Due To Absence

To,

Mr. Clay Mark, HR department

Respected sir,

It is to inform you that you have taken 12 leaves this month out of which 4 were your casual leaves, and 8 were your earned leave. As per the company’s policy your salary for the 8 days is deducted, and the remaining salary is transferred to your account. It is always advised to the employees to remain punctual in order to avoid any inconvenience.

Regards,

Acoounts Department,

Nestle

Salary Deduction Letter to Employee for Absence

To,

Mr. John Foley, assistant manager Sales Department

Respected sir,

With due respect, it is to inform you that you have taken 5 extra leaves last month without informing us, therefore your salary has been deducted this month for these extra 5 leaves. We understand the concern, and emergencies that can occur but we always advise our employees to inform us so they may not face such inconveniences. We hope that it will not be repeated next time. Thank you.

Sincerely,

Mr. John sam,

Accounts department

Salary Deduction Letter to Employee for Absence

To the addressee:

We regret to inform you that your salary for the month of September, (Date) will be deducted. We do not take these decisions to deduct salary lightly, and the ruling for this is due to your constant absence.

Our employees are an asset to our company. We expect all our workers to be motivated, and arrive on time for their job. If an employee wishes to take an absence, or leave from work, he is to contact me beforehand. We have no issues with informed absences that are within reason. Your repeated instances of unprofessional, and absence without notice has had a negative impact on our workforce. Unfortunately, you have not demonstrated the capability to be consistent with daily tasks.

This salary deduction is temporary, as we believe in second chances —  if you can redeem yourself, your original salary will be reinstated. However, further incompetence will result in more severe consequences.

Sincerely,

Principal Robert McFee

Salary Deduction Letter to Employee

 Dear Employee,

I have sent you this letter to inform you regarding the deduction amount of your salary. Unfortunately, these have been some issues these pasts month which led me to take this step as a warning.

I received a report on 23rd September (Date) that there was an accident which led to two computers falling from table, and were destroyed beyond repairing. Unfortunately, after watching the footage it was clear that it was not an accident but you along with your fellow were pushing each other which led to these computers falling. I didn’t expect such unprofessional behavior from you during working hours. Whether the pushing was a joke, or a fight, it led to damage, and as per policy such behavior would not be tolerated under any circumstances, and the cost of computers will be deducted from your, and the other employees’ salary.

Please try to avoid this sort of situation, and take this as your warning. I hope I will not receive any complain in future regarding you.

Manager,

25th September (Date)

SIGN__________

Salary Deduction Letter to Employee

Dear Sir,

I am writing this letter to inform you that due to certain circumstances your salary is being deducted. Since the past month I have been taking regular rounds of the office, and have been keeping a check on everyone’s work. I am displeased by your careless attitude towards your work. You do not keep a check on deadlines, and submit your work late. Upon an inquiry from your colleagues, you have been misbehaved with them as well quite a number of times.  Furthermore, you have been taking leaves without any permission, or applications. Unfortunately, due to these circumstances I am deducting your salary, and will continue to do so until further notice.

I hope you will change your behavior accordingly so I can reconsider my decision.

Best Regards,

Bilal Ali

What is CA? And How does it Affect the Business World?

What is CA? and How does it Affect the Business World?

  

Chartered Accountancy, a professional degree of accounts usually a very unfamiliar term to people outside the business world but helping the most crucial building blocks for every firm, company, business entity, and every entrepreneurial structure is the most sought-after field for business and accountancy aspirants.

With the recent increase of world interest in this field and its effects in making a person the most critical part in

  1. maintaining books and reports of an entity,
  2.  scaling its business,
  3. Managing all of its financial aspects,
  4. Providing critical bits of advice,

What it’s all about?

It makes you a mastermind of all the relative activities of the business world be it

  1. Taxation,
  2. Auditing,
  3. Law concerning activities,
  4. Managerial concerns,

Safe to say after completing this professional course you come out to be a professional with all the proficiency who can exploit the most beneficial opportunities and ranks and dive into a rewarding world with job opportunities in every local and international firm and company and every business body with handsome and fulfilling career growth and salary.

What makes it professional and diverse?

 Total 5.5 years of course with mandatory 3.5 years of article training during your professional studies and a total 3 of professional courses including IT, presentation and communication skills, managerial skills

It makes the aspirant an expert in his field already as soon as the course ends making him the most eligible and likable by the recruiters everywhere.

Chartered accountancy’s Impact on business.

With every sole proprietor business, company, government institution, and every business body that aims to add to the economy needing to maintain its books and professional guidance on decision making and to produce accurate accounts for tax revenues and audits, and deal with legal terms need a Chartered accountant and his expertise to help it keep working says for the demand and importance itself.

Summary:

           In conclusion with the needs of budgeting, taxing, auditing, financing and, accounting in every field Chartered Accountants are the main persons playing all the functions to hold an entity on its grounds and helping the government regulate its activities are currently the most important and one of the highest-paid professionals in the world with growing scope in every field of life.

If I were a millionaire!

If I were a Millionaire

The topic is inviting….isnot it? Well, if I were a millionaire then I will try my best to become a billionaire! Apart from the joke, let’s get serious and seriously think about the ways where I can rightly benefit my society and the larger world, in specific.

If I were a millionaire, I will invest my money in different causes, the list is long, but few causes could be mentioned below:

  1. I will develop an Amazon forest where I would like to strive for getting the wild plants, trees and animals, insects, and others species back to life. This cause will protect the ecosystem, if not on a larger scale, but it could create some reduction in carbon footprints.
  2. I would have developed a charity house where I would employ needy ones on need-based priority. This will help to reduce unemployment and also adjust the poor community making them responsible citizens of this society.
  3. I would have established a night-shelter home as in this age of inflation and unlawful rules in the majority of the countries, people are bound to live on open grounds, streets where the poor souls are threatened for their lives and honor. Mosques, churches are not sufficient for catering to the people on roads, so in that shelter, I would provide them with good food and blankets, sheets, etc to make themselves at ease.
  4. If I were a millionaire, I would invest my money in some profitable business like the food and medicine business in order to extract money from these sources to keep my other projects in running position and smoothly.
  5. If I were a millionaire then I would travel to my favorite places and buy books from all those places, then I will choose a secluded place where I will sit and enjoy reading the books in perfect serenity and peace with the soft aromatic breeze. This will further broaden my thinking horizon and makes me put some good qualities in my character. The aim is to make myself a better human being for myself and for my country that is the global village!

Sample Warning Letter of Term Violation in Partnership

Sample Warning Letter of Terms Violation in Business Partnership. These formats can be issued to partners or customer/clients due to various business matters. Multiple reasons can be shown according to requirement.

Sample Warning Letter of Term Violation in Partnership

Dear Business Partner,

This letter is a written warning letter regarding term violation. Before starting this business, we held a basic meeting just to discuss about the terms and regulations of running this business together. There has been 2 years to this business that we have not been in any quarrel or never faced any unsatisfactory payments or results. I am very disheartened to know that your team is not meeting all the criteria as they were before. Weekly budget of business were not up to date. Reports of machinery selling to the Head department were late. Some of the entries were missing. I have called you many times to discuss about the deadlines but you totaling declined it. I believe that this is very unethical and unprofessional behavior, which is not acceptable in any work environment. This written warning letter is being issued to you for the very first and last time.

Regards,

Name:————

Designation:———-

Company Name:——————

Warning Letter Regarding Term Violation in Partnership

Dear Mr Methew,

Good Morning, It is very unprofessional and not at all acceptable to be not attentive about your work. I have to know that there were three important meetings with clients in this week, which you did not even attend and not even inform the clients about your unavailability. I tried to reach you several times, there was no luck, and then I have to know that you are on vacation in Canada. I am highly disappointed that you did not even care to inform me about your trip. If you could have told me, I would have handled the clients. I hope you are very aware that it is against all the rules we decided at the time of business setting. I am issuing you this warning letter regarding term violation. I hope that you make this partnership a priority and be more professional. There are some basic principles mandatory to follow for all the business partners.

Regards,

Johnn Robert

Application for Grant of New Business

Application for Grant of New Business

To,

The General Manager,

The Investor Pvt Ltd

Subject: Grant Request

Respected Sir,

It is to inform you that I have studied BS Engineering, doing a great job in technical center but as things are developing more I have also started to look out for ideas to pave way for success. I have been thinking of opening my own start up for too long. I have made a product which can charge the mobile phone without a wire. My product is totally technology based and could be a big hit if introduced properly. I have studied engineering so I have discussed my idea with a lot of people and they have given me go ahead. I have prototype made, all I need is money to start my business so I can run it on large scale. My prototype has been discussed in my university seminars as I present it. I have also sent the application of making it a “patent product”. I believe that my idea is for long term and can be successful if I start working on it and introduce it to the mass public.  For this sole purpose, I need grant to make it all work. I want some money so I can introduce my product with more confidence. In order to increase the supply later on, I will need investors but before that to present the idea to investors, I need grant to start my own setup. Many people have applied for grants from this incubation center for their set up and they are now running their business like restaurants on big scale. I need the grant as soon as possible so my product idea could be patent and not stolen by anyone with more money. I will be very grateful to you, if you consider my application and send it into incubation center as soon as possible. Thank you.

Yours Truly,

Name:——————–

Phone No:——————-

Suggestion Letter of Business Tips for Beginners

Sample letter format of suggesting business tips for beginners in the field. Business! Yes! The thing that is the most in demand, but tricky too as with this rose, thorn of risks are attached and they are many. The best business man should be an all-rounder and an active one to meet up the requirements of the business in which he or she is interested. This format can prove itself a good help so go for it!

Suggestion Letter of Business Tips for Beginners

To,
The Chairman,
Lucas Steel Mills Corporation limited,
Texas, United States of America.

Subject: Suggesting business tips for beginners in the field

Respected Signor,

Greetings! I extend tides of good will and inspiring love towards you as your company is the only one that is established for employees and future employers! You train them for becoming leader in their life and it’s a novel idea to work upon. Young talent is always packed with numerous energies and wanted to show the best to the world and all the young ones take business as their dream goal. They choose business to practice on, but it is not easy, no I mean seriously.
I am here to suggest my few seeing in the pool of knowledge and expertise. Here are few guidelines for the beginners:
1- Before taking up a business, think wisely about the plan and start doing homework.
2- In the homework, analyze the needs of the inhabitants of that area, watch the price levels in different areas and then introduce your item in the area where it is required the most.
3- Make your item economical as to attract many buyers and do not compromise on quality and further on at the quantity.Thank you.

Best Wishes,

Mr. Lucan Burghs
20 th June, 2018.

Sample Letter to Renew Business Contract

Sample format of Letter to Renew Business Contract.Government sector runs a number of departments under its supervision. The departments had to meet the requirements of their office and for that reason they announce tenders for different materials. The contractors after getting the tenders,wished to keep on working with the government and demands the renewal of business contract from them. Such letter is real help of such persons who wanted to have renewal of contracts.

Sample Letter to Renew Business Contract

To,
The Health Minister,
California, United States of America.

Subject: Request Letter to Renew Business Contract

Respected Sir,

How are you? I hope you will be fine at your place. I wish you the best of mental attire and eternal peace in your life. I am Mr. Jackson Tom and I had taken the contract of surgical instruments from your worthy self in the last year. I had fulfilled the demand of 5000 surgical pairs in the shortest duration of three months.

I am efficient, trustworthy and liable person and your staff had no complaint against me. This year, I had learnt that you are going to break the order of surgical instruments once again, so, I came direct to you for the purpose of renewal of business contract with your highness.

Kindly renew the contract of business with me and I assure you that you will not be able to see faults in my given materials. Kindly do consider my words and make a favourable action. I will be brimmed with gratification If you grant me the renewal of business. Thanking in anticipation.

Yours Truly,
Mr. Jackson Tom,
Nexus Steel Mills co.
26 July 2016

Sample Letter to Renew Business Contract
Sample Letter to Renew Business Contract

Sample Format letter for Legal Separation of Business

Sample Format letter for Legal Separation of Business. Business are mostly reality summoned the separation between the two for certain good as well as bad event. This easy format can be used by businessmen who wanted to separate their works.

Sample Legal Separation letter of Business

To,
The Court of Law,
Ontario, Canada.

Subject: Letter for Legal Separation of Business

Respected Sir,
It is to state very humbly that I had started the business of Cherry Jam with my friend Mr. Ferry Pan in the late 2011 December. Business earned us good profit and we decided to launch another factory of Jam in the hilly station of Canada. Now the current scenario is that I am running one factory and my friend is operating another factory. We are now unable to see two factories simultaneously as it cost us a lot of time and distance. Certain business issues like bank draft or cashing of the cheque needed the signature of both of us which is now not possible for both of us due to the other factory which is now in its baby years.

Keeping in view all the hurdles and problems of both the factories we now wanted to legally separate the factories one under my name and another under the name of my friend so that we can run the factories individually. All the necessary documentation is attached for further procedure.Kindly do the necessary formalities of paperwork as soon as possible.

We will be brimmed with gratification if you will consider the nature of our problems with serenity and kind heart. Thanking in anticipation.

Yours Truly,
Mr. Jacob Stones and Ferry Pan
Chairperson of Jam Factories.
March 28, 2016