![]() ![]() So, the most important benefit of sending business closing letter to the customers is that they can wait for the new one or look for the new branch.Ī company also doesn’t want to lose its trusted shareholders and investors. It can also happen that the closing company is shifting from the place and getting a makeover. Benefits of Business Closing LetterĪ company is closing a business doesn’t mean it is closing permanently. You can also see Standard Business Letters. Also, it is the duty of the closing company to give reason of their decision. A company must send it to the associates at least 1-2 months ago so that they can get time to arrange everything. This letter is sent to the shareholders, investors, customers and all other associates of the closing company so that they can withdraw all connection to it.īusiness closing letter must be sent much prior to the closing day. If a company has decided to close permanently or to shift from one place to another or to close a specific branch, business closing letter is needed. The closing company must provide options so that their associates can keep contact with them if necessary. The closing company must state the reason of their decision clearly on the business closing letter. If the closing companies don’t inform much ahead of their decision, that can create problems for the investors and shareholders as well as for the customers.Īlso it is very important to send such letters to the companies you are associated to for assuring them that you will pay all the dues. In the business field, business closing letters play important role to inform shareholders, customers and other companies about the organization that is going to be closed or shifted. ![]() Download Why Business Closing Letter Is Needed? ![]()
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