Factors for circular letter announcing the admission of a new partner:
Circular letter is one of the oldest types letter. This kind of letter originated in ancient time when people felt the necessity of circulating any message to a large number of people at a time in the same way. Information relating to admission of new partner needs to be circulated to the concerned parties. For circulating this information, businesses use circular letter. When circular letter is used for this purpose, the following information should be included:
- Mentioning the reasons for inclusion of new partner- expansion of business, additional investment, more efficient management or any other cause.
- Highlighting the experience, special skills and knowledge of the new partner.
- Assuring the customers for better services.
- Mentioning the new name of the firm it there is any change.
- Explaining that the service policy of the firm will remain same as before.
- Expecting the continued patronage of the customers.