Ending a business relationship

Breaking up with a business partner is never an easy task to do, especially if it’s a family member or a friend. You know what they say though, doing business with a close friend or family usually never works out well. So sometimes, it’s best to cut the cord in the interest of a friendship or business so it may be necessary to write an ending a business relationship letter. Sometimes this is done on good terms, such as someone’s moving to a new company or sometimes it ends on bad terms, such as a lousy business partner that needs cut.

Steps

Starting to Write

1

If the experience has been positive or negative working with the individual, then be sure to let them know.

2

If the experience has been positive or negative working with the individual, then be sure to let them know.

3

Wish the recipient and partner well in their ventures but re-assure that it’s for the best of interests that the two of you are no longer partners.

4

You may apologize but only if it’s necessary. Sometimes it’s not depending on the severity of the situation.

Sample Letters

Ending a business relationship Sample


Dear Chris,

When we began this computer store, we had one goal in mind and that was to assist the local community here with computer related issues. As the store began to take shape, we obviously have had some problems from the get go. As you know, we have been best friends for the better part of 12 years and you know I wouldn’t change that.

However, it appears over time, that we’re growing apart with this new business of ours. We’re constantly butting heads over simple ideas and simple decisions around the shop. We can’t come to a clear and decisive decision over anything without arguing it out for hours. For this reason and for the sake of our friendship, I respectfully believe we should shut down the shop and pursue other opportunities while not working together. We can remain friends but it would be best if we didn’t work together due to our egos getting in the way.

Let me know what you think.

Sincerely,

Tom