Maintaining lasting business relationships is a must in the business world. It is also necessary for the long term success of businesses. A business relies not just on making relations but also nourishing them. Maintaining regular contact is one of the most important ways for nourishing this relation. Communication is the key to making and maintaining good business relations. One such means of communicating that can help you maintain good relations is writing thank you letters.
A business thrives because of all the partners involved in it. There are different types of partners in all businesses like silent partners, working partners, etc. Silent partners are those who only invest in the business and do not take active part in the discussions while other partners take active part in making important business decisions. Regardless of the type of partners, all of them deserve to be thanked. Thus, you should always thank your business partners for their contribution to the business. You can thank them through a thank you letter.
In this article, we will guide you on how to write an effective thank you for business partnership letter. Starting from what is it and when is it required, we will further move on to the tips for writing this letter.
What is a Thank You Letter for Business Partnership?
Thank you letters for business partnership are formal letters written to business partners. They can be used for strengthening business relations and thanking the partners for their hard work and dedication towards the business. Thank you letters for business partnership can be given to the business partners to express your gesture of gratitude. You can show your appreciation towards your business partners through this letter.
This is a formal letter thanking the recipient for their trust and cooperation. If you too have a business that runs on partnership, you owe a thanks to your partners. You can send this letter as an email or as a handwritten note to your business partner. It is a well established fact that handwritten letters feel more personal and have a more heartwarming effect on the recipient. Thus, you should try to take out time to write a small thank you letter to your partners for their partnership with your business. However, if you cannot manage to send a handwritten letter to your partners, you can opt for typing the thank you letter and sending it through email. You can also take a print out of the letter and give it to your business partners.
When is a Thank You for Business Partnership Letter Required?
A thank you letter for business partnership is required when you want to thank your business partners for their help and cooperation towards the business. This letter can be written in the following situations:
- You can write it when your business is doing great and you want to express your gratefulness towards your partners.
- It can also be written when your business is not doing very great and you want to express your gratitude towards your partners and motivate them to keep going.
- Thank you letters can also be written when the business is closing down.
- You can send a thank you letter for business partnership to a new business partner who joins your firm.
- You can send this letter when your project does well and you want to express your gratitude towards your partner.
These are some situations when you can send a thank you business partner letter. However, there are many more cases when you can write such a letter.
Tips for Writing an Effective Thank You Letter for Business Partnership
Now that we are through with the concept of what a thank you letter for business partnership is and when it is required, we will learn how to write it. Read ahead to find some effective tips and tricks for writing this letter.
The first thing to take care of while writing a thank you for business partnership letter is the format of the letter. You should write this letter in the format of a formal letter. It is given below for your reference.
Address of the Sender
Email Address of the Sender
Date
Name of Receiver
Address of the Receiver
Subject: Thank You Letter for Business Partnership
Dear ______ (Name of the Recipient)
(Body of the Letter)
Sincerely,
(Signature)
Sender’s Full Name
- Should write this letter in a professional language. Try conveying your thanks and gratitude in formal language.
- Try giving a personal touch to this letter by explaining how your partner has helped in growing the business.
- Avoid writing longer letters as they might get boring to read. Shorter letters are also more effective and easy to read. Make your letter crisp and short.
- Use clear and formal language to write this letter.
- Elaborate on their contributions and thank them for it.
- Your letter should be graceful and should reflect your gratitude. Write it in a thankful tone.
- Use the right starting and ending notes while writing a thank you for business partnership letter. You can end it with ‘Sincerely’. Make sure that you sign the letter in your name.
- You can also stamp the letter with your signature stamp.
These are some tips that would help you write an effective thank you for business partnership letter. Our next section has a few samples for business partnership thank you letters. You can take hints from these samples and write your own thank you letter.
Sample Thank You for Business Partnership Letter
Below are a few samples for business partnership thank you letters. These are ready to use templates that you can send to your business partners to thank them. However, if you want to send personalized letters to them, you can take help from them and write your letter.
Sample 1- Thank You for Business Partnership Letter When Business is Doing Great
Address of the Sender
Email Address of the Sender
Date
Name of Receiver
Address of the Receiver
Subject: Thank You Letter for Business Partnership
Dear ______ (Name of the Recipient)
With this letter, I would like to thank you for being such an amazing partner throughout this journey of the _____ company (Write the name of the company). I am so grateful for having been associated with you from the beginning of this journey. In the span of 5 years, we have seen so many ups and downs, but I am glad we stood together. Your trust in my ideas and your management made us grow at a fast pace.
I would like to thank you for your dedication, efforts, hard work and patience towards our business. Without your belief in our company, we might not have been able to achieve the heights of success that we did. It is only because of our combined efforts that we are one of the top companies dealing in _____ (Write about your company) in the country.
Thank you once again, you are a wonderful partner and true friend. I hope we will work together always and take this business to great heights.
Sincerely,
(Signature)
Sender’s Full Name
Sample 2- Thank You Letter to Business Partner when a Project Does Well
Address of the Sender
Email Address of the Sender
Date
Name of Receiver
Address of the Receiver
Subject: Thank You Letter for Business Partnership
Dear ______ (Name of the Recipient)
I would like to congratulate you and thank you once again for the success of our dream project. I am extremely grateful to you for your support, dedication, and hard work in completing this project. This project could not have been possible without your ideas and hard work. I am amazed by your judgement and leadership skills.
I am thankful to have such a talented and supportive partner like you. Your efforts and patience have made a huge contribution towards the success of this project.
I hope and wish to continue working with you in the coming years. I am sure that your skills and support will make our business reach higher levels. I am grateful to have a fantastic business partner like you. Thank you, looking forward to meeting you at the success party of our project.
Sincerely,
(Signature)
Sender’s Full Name
Sample 3- Thank You for Business Partnership When Business is Not Doing Good
Address of the Sender
Email Address of the Sender
Date
Name of Receiver
Address of the Receiver
Subject: Thank You Letter for Business Partnership
Dear ______ (Name of the Recipient)
I am writing this letter to thank you for your continuous support and belief in our company. I am glad to have a friend and supportive business partner like you. I feel extremely grateful to be working with you. As you know, the last one year has not been easy for our business but I am still thankful to you for standing with me in these difficult times.
I know the times are tough but our patience and management will make things back to normal like before. I know that with your continuous support and dedication, we will achieve our dreams soon. Thank you for sticking by my side in these tough times.
I feel blessed to have an amazing and excellent partner like you. I hope and pray to have you as a business partner always. Thank you once again for your faith and support.
Sincerely,
(Signature)
Sender’s Full Name
Sample 4- Thank You for Business Partnership When Business is Closing Down
Address of the Sender
Email Address of the Sender
Date
Name of Receiver
Address of the Receiver
Subject: Thank You Letter for Business Partnership
Dear ______ (Name of the Recipient)
With this letter, I would like to thank you for your hard work and efforts throughout the journey of our business. I feel sad thinking about shutting down our venture. We have given our blood and sweat to this business. We have worked on various projects in these two years and this team feels like family to me now. I hope the bonding and friendship between us remains the same even after closing down of this business.
Your support and presence for the last two years has been precious and invaluable. Thank you once again for giving your precious time to our business. I hope to work with you again in future. I wish we both will continue to work hard and fulfil our dreams in future.
Sincerely,
(Signature)
Sender’s Full Name
Sample 5- Thank You for Business Partnership to a New Partner
Address of the Sender
Email Address of the Sender
Date
Name of Receiver
Address of the Receiver
Subject: Thank You Letter for Business Partnership
Dear ______ (Name of the Recipient)
I would like to thank you for becoming our business partner. We are grateful for your decision to join our business as a partner. I feel grateful to become a business partner of such an experienced and hard-working person like you. I hope your leadership and decision-making skills will help us to grow and expand in the market.
I want to thank you and welcome you to our venture. I hope your experience and expertise will be helpful to our venture and will help us thrive in the market.
I look forward to the start of a new journey with you on board. I wish we will grow and achieve great heights of success with your partnership. I wish we, along with our team will grow and flourish our business. Thank you once again and I look forward to seeing you soon.
Sincerely,
(Signature)
Sender’s Full Name
