Letter To End Business Relationship

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LETTER TO END BUSINESS RELATIONSHIP

[DATE]

Dear [RECIPIENT NAME],

The purpose of this letter is to inform you that effective [DATE 1], we are cancelling the services you are providing. This letter shall also serve as a notification that we are terminating the contract we have duly executed on [DATE 2].

The decision is in effect guided by [DETAIL] in the contract and due to [REASON] forcing us to look for new service providers in the area of [AREA/PLACE]. Although we are saddened by the severance of our business relationship with you, it is unavoidable that we have to look for other options due to the highly competitive nature of our business and of the need to keep the costs of our products at its low and acceptable rate.

Nevertheless, we thank you for the services you have provided for the past [NUMBER] years and the good business relationship we have built. Furthermore, we are willing to provide recommendations for your new clients so please keep in touch with us through this contact number: [YOUR COMPANY PHONE NUMBER].

We hope that you understand the decision we have made regarding the matter and we thank you once again for your prompt attention.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]