You must pay final wages, eliminate inventory, sell your equipment and -- if the business is a corporation -- dissolve the company. Consult an expert when closing a business, according to the Small Business Administration.
In the not so distant past, people worked until they were 65 and then retired.
Everyone knew when their colleagues would retire and when they themselves would retire. The retiree may have informed his or her employer or human resource department, but they may also want to personally inform any clients with whom they have developed a good working relationship.
When a person is planning to retire and he or she would like to inform their clients that they will not be working with them in the future, they need to write a formal retirement letter even if they have discussed the situation in person or over the phone. The letter will clearly state the date the retirement will start, express the desire to help with the transition and thank them for a positive working relationship.
Clients need to feel confident that they are well taken care of by the company, so they need a guarantee of a smooth transition from one contact to another. It may mention the person who will replace the retiree in the working relationship with the client.
It can also give some personal information, but should maintain a professional tone. It should give the fact that the sender is retiring and the date it is effective.
The second paragraph may express gratitude for the good working relationship the retiree had with a client. The retiree may add that he or she appreciated the professionalism of the client.
The third paragraph may contain the reason the person is retiring, or it may just state that they are looking forward to leisure time and give some details about their future plans. If possible, the retiree can introduce the person who will replace him or her in the business relationship.
If an in-person introduction is not possible, the retiree can give the phone number and email address of the replacement.
The letter may close with an expression of the desire to help in any way to make the transition smooth for the client. Second-Act Career If the retiree is planning to have what is called a second-act career, it may be to his or her advantage to maintain the relationship with their clients.
If this is the case, the letter should not be a final good-by, but should leave the door open for further communication. This clearly sends the message that the retirement is not the end of their working life.
Below is a sample retirement letter to a client. If there is more than one client the retiree wants to inform, he or she should write a personal letter to each one.Funny Retirement Wishes for a Colleague or Boss - Free Example and Writing Ideas Ladies and gentlemen, I am honored (tonight) to be able to present to you all (name of Retiree) retirement .
To, Customers and clients. Date: 14th March Subject: Change of ownership announcement letter Dear customers, This letter is to formally announce and inform you that the store with the name of “Great Clothing Store” located at ; Main Part Street, London is .
Like these retirement letter samples, your letter will include an introduction, a body, and a conclusion. The introduction should state your recipient’s name, followed by a clear statement of intention.
Angel Ortiz Purchasing Manager Ohio Corporation Broadway Lane New Parkland, CA, Dear Mr. Ortiz, This letter is to inform you that, as of October 15, , I will be retiring in my position as a Senior Sales Associate with Brands Corporation.
Announcing Your Early Retirement – Write a Formal Retirement Letter Most company Human Resource (HR) departments will need a formal letter of your intentions to .
When one is writing a letter of retirement to their coworkers, they need to ensure that the letter is written in the same way as a business letter is written on an everyday basis. This letter written in a business style will be acceptable for every co-worker in the firm.