If your business wants to expand into new products or markets, you can use this Business Announcement Letter to inform everyone involved of the decision.
[Sender’s Name]
[Company’s Name]
[City, State and Zip Code]
[Email Address]
[Date]
To All Our Stake Holders,
I am writing this announcement on behalf of the board of [Company’s Name], and we are glad to announce a decision to venture into a new market. After careful studies and sales projections, we believe that our company will deliver better than current participants.
The company has evaluated all the costs involved in this decision and its returns. It is a sound business decision with impressive returns. You have supported us through our growth journey, and we hope you will support us in this too.
This is a turning point for [Company’s Name], and we are glad you are part of us. Thank you for your continued patronage.
Sincerely,
[Sender’s Signature]
[Sender’s Name]
[Role in the Company]