Business plan introduction letter example

Business Introduction Letter A business introduction letter is an introduction to your business plan. The purpose of this letter is to get someone to read your plan.

Business plan introduction letter example

When submitting a business plan to a lender or investor, it is important to include a business plan cover letter that is addressed to the person who will review the business plan.

BUSINESS INTRODUCTION LETTER - how to introduce your business plan.

People starting a small business may spend hours preparing their business plan, but not give much thought to the cover letter.

This is a mistake. The cover letter is an integral part of the plan. Even if the applicant knows the lender, they should still submit a formal business plan with cover letter.

The introduction in a business plan should take all the parts of the business plan and summarize them quickly. Do this section of your business plan first, and last! See free sample business plans on initiativeblog.com’s Business Plan Template section.. Do it first to capture a general overview. A business proposal letter is the document that contains the outline about the proposed partnership of one business to another. It can be used to create a relationship between corporate entities or it can also be made to assure the healthy competition between organizations through tie-ups and other combined programs. Inclusions of a Business Proposal Letter. A business proposal letter must be comprehensive and accurate to assure that you are representing your business well. Aside from the basic information that can be found in a formal letter, some of the items that should always be present in a business proposal letter include the following: 1.

If they do not know the lender, they should remember that the lender will judge them by the content and tone of the letter. The letter should be short, not more than one or, at the most, two pages. It should state right at the beginning that a business plan is attached, and that the applicant is applying for a business loan to start or develop a business.

It is important to state clearly the benefits for the bank or investor. They need to believe there will be a good return on their investment, or that the loan will be repaid on time. Some tips for the style of the letter are: It can relate some marketing facts, focus group responses, demographic data or other key statistics from the business plan, but it should not be overloaded with these facts.

business plan introduction letter example

It can have just enough to present the business as viable and show that the applicant has done his or her market research. The rest of the statistics are in the plan.

business plan introduction letter example

There should also be a brief mention of the financial position without going into too much detail. The letter can mention how much has already been invested in the business, and what profits are projected for the next year or two.

This will show the lender or investor that the business is worthwhile. Here are examples of a business plan cover letter. It should be personalized for each lender or investor to whom it is sent.Networking Letters Sample job search and career networking letters including referral letters, letters of introduction, and networking outreach letters.

New Employee Letter Sample welcome letter to send to a new employee, as well as details on the information to include in this type of letter.

Networking Letters Sample job search and career networking letters including referral letters, letters of introduction, and networking outreach letters. New Employee Letter Sample welcome letter to send to a new employee, as well as details on the information to include in this type of letter.

Inclusions of a Business Proposal Letter. A business proposal letter must be comprehensive and accurate to assure that you are representing your business well. Aside from the basic information that can be found in a formal letter, some of the items that should always be present in a business proposal letter include the following: 1.

Use these sample business plan cover letters as templates for your formal cover letter. When submitting a business plan to a lender or investor, it is important to include a business plan cover letter that is addressed to the person who will review the business plan.

Business Introduction Letter Template – Download Now. Simply fill-in the blanks and print in minutes! Instant Access to 1,+ business and legal forms.

Download samples of professional document drafts in Word .doc) and Excel .xls) format. A business plan can be a brief, informal document for internal use or a detailed, formal document used to attract investment capital or secure a business loan. In this tutorial, we’ll teach you.

Business Introduction Letter Sample