Letter Of Intent For New Business

Download this Letter Of Intent For New Business Design in Word, Google Docs, PDF, Apple Pages, Outlook Format. Easily Editable, Printable, Downloadable.

Interested in starting a new business together with another company? You may want to use the Free Letter of Intent for New Business template; this free to download item is sure to help you get your intentions across and achieve the cooperation that you are looking for.

LETTER OF INTENT FOR NEW BUSINESS

[DATE]

Dear [RECIPIENT NAME],

I am writing this letter on behalf of [COMPANY NAME] to express our intent to jointly set up a new business with your company. We desire that the principal terms and conditions of the new business would be as follows:

The new business would be named: [NAME] and will be located at [ADDRESS].
The combined capital shall be $[NUMBER]
The share of the capital percentage wise for both parties shall be: [DETAIL].
The legal form of the business shall be [DETAIL 1].
The shares of the capital shall be given on [DATE 1].
[OTHER DETAIL]

This letter is not an agreement. All the terms and conditions of the proposed new business, in order to be in force and effect, must be stated in the Agreement.

I am very positive about the future of the proposed new business. I look forward to a favourable response. Kindly let me know if you have any question or query. I will address them at the earliest.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]