What is an outstanding payment? An outstanding payment is the sum of money from a client that is yet to be paid. As a business owner, late payments from clients can be frustrating. However, if the payment is not made on the exact promised date, it shouldn’t be made a big issue. It is possible that the client forgot to make the payment, didn’t have enough funds on that exact...
#1 Re. Change in Pricing because of Changes Brought about by Budget-20XX by Federal Government of USA Dear Customers, this letter is drafted to communicate the recent hike in prices of mobile phones because of the changes in prices and taxation by the Federal Government of the USA. On 23rd July 20XX, the Federal Government in coordination with the Department of Budget and Pricing Policy (BPP) has announced the new...
#1 Re. Announcement of Acquisition of Softoply by the DSK Groups Dear Valuable customers, after doing excel in the various departments, DSK group of companies is delighted to announce the acquisition of [NAME]. [NAME] is a private firm that specializes in the business of safety products. These safety products include various tools, items, and instruments that are needed in medical emergencies and daily safety. To keep the valued lives from...
#1 Re. Proposal Letter of M-K Travelers Dear Sir/Madam, this letter has been written with the best wishes for your health and work. I intend to serve this draft as a proposal letter for you. M-K Travelers is a travel agency that is operated from Boston, California, and keeps its franchises in many other cities of California and other states. M-K travelers make sure for their customers to travel with...
The advent of industrialization has fast-paced the world enormously. Everyday companies are showcasing new and sophisticated items and technologies. This has triggered a sort of rat race to get brand new stuff, although unwanted, and with less capital in people’s hands, more and more companies are lending money to people to expand their purchasing power. The money is lent with predefined terms that need to be paid back in installments...
The invitation letter to a demonstration is written by a company when it launches its new products and wants the people to have a review of them. The specifications and the features of the products of the company are demonstrated so that the people can know about them. The main purpose of conducting the demonstration is to promote the products of the company. The presence of people is very important...
There are many events set by different companies to demonstrate their trading products. The main purpose of such events is to market the products of the company. Usually, the companies organize the trade shows to represent their products to their customers and to let the customers know about the new products and features which have been launched by the company. These trade shows are the best way to strengthen the...
This letter is usually written after a meeting in which several tasks were assigned to different people. The main objective of writing this letter is to remind everyone about the task which was assigned to each of them. In order to make the working of everyone keep going, this letter is an important document. This letter is written after meeting in which everyone was agreed on the tasks which were...
An apology letter is written by an employee to his boss/manager when s/he is late to work. It can also be written by a student to a teacher. Usually, this letter is written when someone misses out a very special event of a very special person and feels really sorry for not reaching on time. Your apologizing letter can save your relationship with the person to whom you are apologizing. The...
We can behave in different ways under stress. At times, people can have bad behaviors towards others due to any stress or pressure. If we behave badly with anyone, we should apologize to them as soon as possible. State any reasons for your bad behavior and the circumstances which made you behave in that particular way. Sincerely apologize and acknowledge the fact that you have realized your mistake. Make sure...
In this day and age, our business relations matter a lot. Every relation that has a monetary value attached to it needs a lot of attention and care. If we delay any payment due to any reason, it is our duty to apologize. Firstly, politely apologize for the delay and mention that you remember the payment deadlines. Secondly, explain any reasons for the delayed payment and be honest with your...
The more understanding there is between the seller company and the distributor, the more easily and speedily the business flourishes. The strong bond among the employees, employer and other service providers of a business make it possible for them to better understand each other’s needs and act accordingly. For example; a business may want its distributor to make distributions in a certain way, to make sales in a particular area...
After putting your tireless and determined efforts into a seemingly difficult project, you finally make it successful but guess what? You get no words of recognition, not even a thank you. You’d surely want to quit the employment at the very moment if you’re presented with another choice. The place where your hard work is not even rewarded with a thank you was surely not made for you. So, I...
What if you see a strange new face next to your cabin in office? I’m sure it would be surprising. O man! That’s the new employee. Your colleague! If this happens to you, it’s because your authorities do not follow the strategy of informing working employees about the appointment of a new employee or may be, you had ignored the memo which was regarding this new employee. In professional business...
Holiday closing announcement letter is sent to the vendor’s, customers at least one week before the holidays begin. The purpose of this letter is to give time to the third parties to manage and organize their business needs before the holidays. The letter should include the date when the holiday begins The reason of the holidays Effectively inform all the stakeholders that business will be closed for a specific holiday...
A recovery letter is a formal reminder to the client for the recovery of payment. This letter should contain all the details including the outstanding amount and any interest charged on the outstanding balance. Further actions to be in event of not paying the outstanding amount should also be included in the letter. The overdue payment collection reminder letter should include the date on which the amount is overdue and...
Companies/businesses can sometimes fail to deliver an order or consignment on the decided deadline. The clients can face heavy losses and the company can lose out on customers due to delayed or lost orders. Such delays can result in losing out your customers to your competitors. And worse than that, the client can take a legal action against the company. So, in such a situation, writing an apology letter becomes...
Hotels are a major part of the service industry. Running a hotel means you have to treat every guest with respect and provide them the best service possible. Hotel guests can be a good way to advertise the hotel by using their word of mouth. So, if a customer gets upset over a bad service, it is very important to write him/her an apology letter. The apology letter should include:...
Making errors is natural for any person. But when such errors involve financial amounts, rectifying the error and writing an apology becomes very important. An incorrect billing amount apology letter should: Begin the letter by saying sorry Clearly, state the problem and explain what went wrong Try to solve the problem by maintaining a healthy relationship with the client for future Write the apology as soon as you get to know...
Some mistakes are very serious especially when they are related to business and financial dealings. One such sphere where mistakes can turn into grave mistakes is managing the accounts. A mistake made in accounts can bring you a loss of trust from your clients. It is, therefore, important to follow an apology letter if such an incident occurs. This gives your client an impression that you can be trusted and...
