How to Write a Letter of Intent to Sell a Company
Letters of intent are often used to announce business decisions or activities. For example, you might write a letter of intent when you're planning to sell your company. This letter could go out to your employees to help prepare them for the upcoming changes, and you could also send it to your board of directors and investors to let them know you're planning to put the company up for sale. A letter of intent is often a courtesy, but depending on the policies of your company, it could be a required part of the selling process.
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Instructions
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Write the letter of intent on your company letterhead. This lets the recipients quickly know who the letter is from, and it looks more professional.
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Include the date at the top of your letter of intent. This should be the date you plan to send it out.
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Address each recipient individually. Use a personalized greeting, such as "Dear Mr. Smith," rather than "To Whom It May Concern." Selling your company is a major decision, and those affected deserve a personalized letter of intent.
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Explain that you're planning to sell the company. The body is usually one or two paragraphs, depending on how much information you're including. You might include different amounts of information for each recipient. Details like why you're selling the company, when you plan to put it up for sale and how much you're planning to sell it for could be included in the body of the letter of intent.
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End the letter with a professional closing, such as "Sincerely" or "Best Regards." Type your name underneath the closing but leave enough space for your signature.
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Send the letter of intent via certified mail. Avoid emailing a letter of intent about selling your company.
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References
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