Cover letter for a business plan (5 samples)
This blog post will show samples and how to write a cover letter for a business plan.
How to write a cover for a business plan
When presenting a business plan, a well-written cover letter gives a brief introduction to a proposal and briefly outlines the plan’s goals. The cover letter encourages the recipients to approve or endorse the plan’s ideas.
The best format for writing a cover letter for a business plan is as follows:
- The first step is to inform the recipient about the proposal and what you hope to accomplish with it.
- Provide some quick background and history of the business plan.
- Explain the highlights of the business plan.
- The last step is to thank the recipient and articulate your excitement to be in business with them.
Sample 1: ‘Cover letter for a business plan”
234 Main Street
Third Bank Lending
Dear Shayna Smith,
Attached to this letter is a plan to expand Luzpza Company which we project will mean a doubling of production. We believe with your financial support that this expansion will allow us to expand into new markets, increasing revenue over the next decade. Luzpza Company has been an industry leader in manufacturing widgets for over 25 years, and as the business plan shows, we’re ready to expand.
Our target markets for expansion include Los Angeles and San Diego, two underserved areas in the widget industry. We can secure the loan through our current real estate holdings and equipment assets. In terms of financing, we’ve proposed a strong rate of return for your upfront capital investment.
We are happy to meet and discuss this proposal. The chance to expand and grow our business while providing a strong investment opportunity to you is exciting. Please review the enclosed business plan at your convenience and thank you for your time.
Sample 2: ‘Cover letter for a business plan”
Olivia’s bakery is a family-owned and operated business that has been in operation for over five years. We are a full-service bakery that specializes in creating delicious, fresh pastries, cakes, and breads.
Our bakery has been a staple in the community and we have developed a strong following of customers who appreciate our unique products. Our goal is to continue growing our business by expanding our product offerings and reaching new customers.
We believe that our bakery has great potential and would be a valuable addition to your portfolio. We would be grateful if you could take the time to review our business plan and provide us with your feedback. We would love for you to stop by our bakery and try some of our goods.
Please feel free to call me at 555-555-1212 if you have any questions. I look forward to hearing from you soon.
Sample 3: ‘Cover letter for a business plan”
“Dear Mr. James Peterson,
The Hudson offers an upscale experience in a smaller city setting with all of the comfort and amenities of home. We offer our guests free Wi-Fi access as well as complimentary breakfast and on-site parking. Our rooms are modern and elegant, and we provide luxury bedding that helps ensure a quality night’s sleep.
Our location at 412 National Street is just two blocks from downtown and within walking distance to several popular restaurants and shops. Please refer to the attached business plan for more information on location specifics. This document also outlines our company philosophy including management team profiles, financial projections, and more.
Thank you for your time and consideration. I am eager to discuss our plans to expand the boutique hotel further with you. Please do not hesitate to contact me at 555-555-1212 should you have any questions or would like to arrange a meeting.
The Hudson Boutique Hotel”
Sample 4: ‘Cover letter for a business plan”
“Name of Applicant
Address of Applicant
City, State, Zip Code
Name of Investor or lending officer at a Lending Institution
Name of Bank or Lending Institution
Address of Bank etc.
City, State, Zip Code
Dear Mr/Ms. Name of lender or investor,
I am submitting my business plan to you in the hope of receiving a start-up loan for $50,000. I learned about your history of funding recycling centers, and my proposal takes the business to the next level. We will be a source for other businesses who want to use recycled products or use waste material to recycle into their own products. According to our research, consumers are looking for businesses that use environmentally friendly products.
I have $10,000 inheritance from my grandfather that I plan to invest in the business. As stated in the plan, we aim to make $5,000 profit the first year and reinvest in the business to widen our clientele. We will be the first company in the city to offer this service, so we hope to be well established before competing companies enter the industry.
My brother, Name of Brother, and I are working together to make this business a success. We have worked for the last five years in Name of Company, where they manufacture plastic sheeting for construction companies from recycled plastic.
As stated in the plan, I will collect the waste material and my brother will manage the accounts. We plan to employ office help and waste collection help. We have contacted several recycling centers in the city who agree to sell us their recyclable waste. We have found a warehouse available to rent when we go forward with the business.
Thank you for your time and consideration in this matter. I hope you will review my business plan. If you have any questions or would like to discuss the plan, I can be reached at 555-123-4567 or at Name@email.com. I would be happy to meet you at any time that is convenient for you.
Signature of Applicant
Name of Applicant Printed
Business Plan Enclosed”
Sample 5: ‘Cover letter for a business plan”
“Michael Jones, Mike’s Bistro
419 East Geraldine Avenue
Podunk, IA 54301
Mrs. Kathy Smith, Podunk Bank and Trust
3012 Highland Street
Podunk, IA 54301
Dear Mrs. Smith:
Attached to this letter is a plan for my business, Mike’s Bistro. I have carefully considered the needs of my business and why it will be a good investment for your bank. I hope you will consider the loan I am asking for. Thank you for your consideration.
Podunk has no true bistro restaurants and I wanted to bring some of the big city appeal of them to our small town. I have been cooking all my life and think that I could create a unique and profitable restaurant experience. My business plan shows that I already have $3,000 to invest in remodeling the old ice cream shop on baker into the bistro. I believe I can make a $50,000 profit by the end of the year once the doors open to the public by April.
Thank you for your interest and consideration in this. I understand your time is valuable. If you wish to discuss my business plan with me in person I am always available to arrange an appointment. Thanks again.
By Andre Bradley”
Frequently Asked Questions: How to write a cover for a business plan
Do you need a cover letter for a Business Plan?
Yes. The main purpose of the cover letter is to make a good first impression and to sell your business idea.
What should be included on the cover of a business plan?
- Company logo.
- Document title.
- Business name.
- Business address and contact information.
- Business plan completion date.
- Confidentiality statement.
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