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You can either call them personally or send them a letter announcing the modification and your reasoning behind it. Once again, be prepared for any questions they may have and assure your clients that the change will not affect their business with you.
It should briefly include the new owner`s history, employment history, experience, qualification, and USP to run the business without compromising its proper functioning. Be professional. Your letter must be written in the standard business letter format, like any business correspondence. Say thank you.
It should briefly include the new owner`s history, employment history, experience, qualification, and USP to run the business without compromising its proper functioning. Be professional. Your letter must be written in the standard business letter format, like any business correspondence. Say thank you.
Announce It In Writing First Put your ownership transition announcement in writing first, such as in a company press release, then have a speech prepared to announce the change to the entire organization in a formal company meeting where you provide handouts of information.
Make It Simple And Personal. Be honest in your communication and be available for the customer. Be Available. Survey Your Customers First. Let Customers Be Part Of The Journey. Be Transparent. Give As Much Advance Notice As Possible. Be Brutally Honest. Communicate To Build Trust.

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What to Tell Customers When Selling Your Business Move quickly, quietly, and personally. Its important to be timely in your communications with clients. Notify key accounts first. Its important to communicate information about the transition with your most important accounts first. Address specifics. Stay positive.
You can either call them personally or send them a letter announcing the modification and your reasoning behind it. Once again, be prepared for any questions they may have and assure your clients that the change will not affect their business with you.
Put your ownership transition announcement in writing first, such as in a company press release, then have a speech prepared to announce the change to the entire organization in a formal company meeting where you provide handouts of information. Make the announcement more than a few days before the change.
Share a short statement about why you sold, what youre doing next, and how long youll remain with business, if you will. Include a copy or link to a complete announcement, perhaps attaching the news release youll distribute to media outlets.
There are four common paths for changing ownership of a business: employee stock ownership plan (ESOP), sale to a third party, initial public offering and transition to family members or an existing management team.

new ownership announcement letter