For the sake of our customers and advancement of technology, we have built the latest installment of our ___(product) with cutting-edge technical specs and brand sparkling new features. Chase a new dream. We are glad to announce that we are about to start producing our 3rd unit and this all became possible with your help. Our new unit is making us famous among all our peers and the industry, it is cutting-edge technology, and we are sure that we will be able to make out products easily and quickly and as a result, you are going to get a faster service without any doubt. Buy Now - $7. An asset sale means that the purchaser’s entity (such as a company) buys the business from your operating entity. I, ____(name), am writing this letter in cooperation with _____(name of company) to inform you about the huge growth we have made. If the business or office is an extension of a known business, explain that relationship. The choice is yours. Exit Strategies Selling Your Business: How to Tell Employees and Customers It's a tricky balance between being open with your team and preserving the confidentiality of the sale process. Buy Now - $6. You sold your business! We are thankful to you for your loyal patronage and continued support. I am writing this letter to you on behalf of Victorian Spencer and associates – we are glad to announce that we are escalating our business line to its latest fifth unit with Timothy Sales Corporation with the help and kind support and patronage of our very reliable and regular customers like you. First share the announcement personally with key clients, suppliers and business associates, including those whose support is most valuable to the business. If you have a business that is very dependent on a client list, this transition will be important in the success of the sale. This letter gives information about the expansion projects, plans, and strategies, deals, etc. Contacts. Include a copy or link to a complete announcement, perhaps attaching the news release you’ll distribute to media outlets. sale of business, intention to delist and wind down of ieh plc, repayment (as to 65% of principal), and cancellation of, convertible loan notes As noted in the Company's announcement of 22 … Briefly explain why you’re selling. The employees of the business support the sale and are positive about the future under new management. Companies that aren't concerned about this kind of turmoil inside and outside the organization sometimes choose to announce that a division of the company is up for sale before they … 2: Invite the reader to be your customer. If appropriate, prepare a news release or sale fact sheet whether you feel news outlets will carry the announcement or not. Buy a new business. Business Announcement Letter Writing Tips, Business Announcement Letter Email Format, Announcement of Company Representative Visit. Do you need help with writing an announcement … Open your inbox and you’ll come across many … Doing so will put all facts into a single document you can distribute to local publications and broadcast stations, as well as to blogs and industry-specific news outlets. Share a short statement about why you sold, what you’re doing next, and how long you’ll remain with business, if you will. Why it works: Pottery Barn Kids tugs at the heartstrings with a cute kid in a well … You’ve done it. Sale of Business Operations (Update) Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") announced today that the details of the sale of business operations of the Printing Solutions business ("Business… We hope for your continued support and build significant business relations in the future, and as always we are happy to serve you. It is vital to have 100% employee attendance. Including Designer Fashions. Subject – Update on business expansion prospects. … Write about any upcoming event, product your company might have shortly. For the sake of our customers and the advancement of technology, we have built the latest installment of our smartphones with cutting-edge technical specs and brand sparkling new features. Styron Announces Sale of Expandable Polystyrene Business to Ravago Berwyn, PA, USA and Arendonk, Belgium - Friday, July 19, 2013 Styron Europe GmbH and Ravago S.A. announced jointly today that they have signed a definitive agreement under which Styron’s Expandable Polystyrene (EPS) business … Congratulations. In this case, the rules for transferring employees are more complicated. It is used to inform customers about important things happening in the business. Send a business announcement letter when your company has some key information to communicate to those who receive your letter. After you have completed your business sale, it’s time to make an official announcement. Either immediately before or after sale closing, tell … The Number 1 Letter Writing Website in the world, Last Updated On May 13, 2020 By Letter Writing Leave a Comment. Doing so in the proper way will ensure that the employees and business partners remain on good terms with the business through the transition phase.There’s no strategic reason for you to keep news of your sale quiet anymore, though buyers of restaurants or retail shops sometimes shield customers from the news until a transition period is complete and concern over a client exodus appears unnecessary.In announcing the sale, consider this advice: Editor’s Note: This article is the 25th and final piece in a series taken from BizBuySell.com’s Guide to Selling Your Small Business. Consider also including a quote from you or the buyer and a photo of the buyer. 08 Jan 2021 Toronto, January 08, 2021 -- Moody's Investors Service ("Moody's") commented that Domtar Corporation's (Domtar) agreement to sell its personal care business … Step 1 - Tell Your Employees. We do not emphasize just on presenting items from some individual company only since we have several products that carry various trusted companies worldwide. From, __________ __________ __________ __________ Date: _____ (Date on Which Letter is Written). During the month of July, _____________(mention business) will omit the service charges for any ______________(mention process), and will give a flat 40% discount on any ________________(mention service) before July 15. With all my heart I thank you for the help you offered. In the business world, such letters may be used to announce a new policy, change in management, financial summaries for investors, grand sale, or actions against a customer due to nonpayment. We are open from 21st May and our business hours are from 9 am to 9 pm. Submit press releases to increase online visibility, attract new customers, and boost your business. If you can, avoid email in favor of a personal presentation made by both you and the buyer. These have been used by other businesses and are … I will answer them in future columns. Such announcement letters can be used for reputed and huge firms/companies or businesses. It also helps in pulling in new customers to the firm. We, at Victorian Spencer, hope that with your help it will take us to our zenith of glory. Announcing the Sale of Your Business An employee meeting should be pre-planned for the afternoon of the day the transaction closes. Business Announcement Letter. Next make a general announcement, contacting individuals directly if the list is short or via an email or regular-mail announcement if the list is long. Every business finds itself in need of new and creative ways to announce business changes – change being the only constant, as you very well know. Marty’s is now open to serve you, and the store location is at the intersection of 23rd and 5th. Use our free Business Announcement Letter to help you get started. Write about the progress that you might have made. Help staff, customers and business associates transfer their confidence to the buyer of your business, and move yourself out of the visible leadership role unless your agreed-upon ongoing role specifies otherwise. This highly advanced unit will mark a potential turning point in the smartphones industry. It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term.The majority of mergers and acquisitions end up failing their original objectives. We already have seven stores in 4 different cities, and we are expanding to get our clients the very best in the market. After you have completed your business sale, it's time to make an official announcement and then move on. You shall always be our valued customer. It can either be a change in ownership or management. _______________ (mention business owner) is verycommitted to expert service at sensible prices. The following is a sample of a Business Announcement Letter. Explain that with great pleasure and after considerable planning you’re pleased to announce that your business has a new owner. In your announcement, provide an upbeat, positive explanation that conveys enthusiasm and confidence. Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures. We are truly grateful for this kind of support you have extended to us, and we hope you would do the same in our future ventures. Describe the timeline, including when the sale will be made public (and therefore how long confidentiality is required) and when you, personally, will be departing. The sale of a trade or business for a lump sum is considered a sale of each individual asset rather than of a single asset. Corporate Business Pro Postcard Announcement and Invitation Example. 11 th ANNUAL SUMMER CLEARANCE EXHIBITION CUM SALE. The following is the email format to be followed for a Business Announcement Letter. Thank customers for their … Now it’s time to set a new goal. For Jumio Inc. Joele Frank, Wilkinson Brimmer Katcher Jed Repko or Monica Chang, 415-869-3950 Andrew Squire, 212-355-4449 I am writing this letter to you on behalf of ___(company name) and associates – we are glad to announce that we are escalating our business line to its latest ___(product name or instalment) with ___(associate’s name) with the help and kind support and patronage of our very reliable and regular customers like you. Announcement: Moody's says Domtar's sale of its personal care business improves leverage and liquidity. Rodan and Fields Business Announcement and Invitation Example. The letter may include a few … We wish your continued patronage and will try our best to serve you in all professional manner. Introduce the new owner, explaining your confidence in the buyer’s expertise and plans before turning the floor over to the buyer to explain how employees will transfer to the buyer’s organization; the buyer’s plans for continuing business as usual (if so) and for embarking on growth plans (if any); and plans to meet individually or in groups with employees over the coming days and weeks. Announce an Imminent Strike. Even if you remain with your business during a transition period or thereafter, the business now belongs to a new owner. the company has designed; to be brief, the letter is written to make others aware that the business is false sense and might also be used to thank customers for their partake. Even if you have no need for ________________(mention service) today, drop in for a casual visit and get acquainted with us. If you have questions about buying or selling a business, please tweet them to @BizBuySell. Just as the buyer wanted to know, so will your staff. Either immediately before or after sale closing, tell key employees before making the announcement to all staff. To satisfy our valuable customers, we offer them a diverse line of quality kitchen cutlery that guarantees total customer satisfaction. (Name of Company) Is very pleased to announce our . Offering Up to 50% Off On All Summer Merchandise. The letter is written in a formal note and is usually short, containing only relevant details. Related Posts. Except for assets exchanged under any nontaxable exchange rules, both the buyer and seller of a business must use the residual method to allocate the consideration to each business … There are several things your organization(s) will want to consider before announcing a merger or acquisition. Introduce the owner through short description that conveys your confidence in the buyer’s expertise and plans. Take the time to answer their questions, address their concerns and gauge their willingness to continue with the company even after … Sales Announcement Letters Announce a new product or service Announce a price decrease Announce a price increase Announce a sales contest Announce or introduce a new salesperson Promote a product … We wish your continued patronage and will try our best to serve you in all professional manner. On this, we assure to offer our valuable customers a wide range of high-quality cutlery. Announce a business sale to essential employees, such as experienced and talented senior managers, during a private meeting early in the process. Move quickly, because you won’t want these important contacts to learn the news from others, media reports or competitor communications. You have supported us from the very beginning of our enterprise and have held our hand through every up and down. The sale … Dear ____(Sir/Madam). A business announcement letter is a letter sent out to vendors and customers that help in declaring an event, change of policy and management or a handover, takeover or merging with another firm. Announcement letter can be written under various topics, it could be an announcement of bad weather, a civil emergency, budget surplus, business anniversary, policy or fee amount, savings plan, change of company’s name, work schedule, job opening, new business … Attached is a list of all our available products for proper review. … A business announcement letter is a letter sent out to vendors and customers that help in declaring an event, change of policy and management or a handover, takeover or merging with another firm… Write this letter in a formal and active tone. And that is just one issue to worry about! 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