Business Termination Letter Template

By | July 9, 2012

To

_______________ [name of the recipient]

_______________ [designation of the recipient]

_______________ [company name with which the contract is to be terminated]

_______________ [address of the company]

Date:

Subject: Business termination letter

Dear __________ (name of the recipient)

I am writing this letter to inform you that we wish to terminate our business contract no___________ (number of business contract) signed with your company on__________ (date of signing the contract). The termination of the business contract would be effective from__________ (write the date of termination of business contract).We have to take this unfortunate decision because of the fact______________________ (write the genuine reason for termination of the business contract as this a professional letter).

It was therefore impossible for us to continue our professional relationship under such unfavorable business environment. As per our company records the contract was operational from____________ (date) and till date ______________ (mention the number units of products received) number of products have been actually received by our company. We are enclosing a draft of $ _________ (amount) in order to clear all you dues from our company.

We would like to once again thank for all your support and cooperation.

Thanking you,

___________________ [sender’s name]

___________________ [senders’ designation]

___________________ [company name]

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