Sample dismissal letter to terminate a business relationship
Sample dismissal letter to terminate a business relationship
This is to inform you that we have decided to terminate your contract with Abc ltd.
This decision has been taken in the light of the recent price increase on the materials we purchase from your company. Due to the global inflation our profit margins are at an all time low thus we cannot afford the increased price of your materials. Thus we are forced to terminate your contract with us effective 1st April.
As you declined our request to continue with the same price list we are forced to find another supplier who will be able to fill our needs at a lower price.
It is very difficult to end a long-standing business relationship, but due to highly competitive nature of our business we need to keep costs as low as possible. We have appreciated the cordial business relationship we have shared with you and wish your company continued success.
Discussion
- Sample dismissal letter to terminate a business relationship -Mayura Parab (03/23/14)
Sample dismissal letter to terminate a business relationship
This letter is to inform you that we have completed the tenure of our contract, henceforth we will no longer be needing your goods. Despite making regular and timely payment for your goods as per the contract, there have been several violations on your part regarding the delivery of the goods. Also the quality of the goods were not up the expectation
We are taking the decision of not to renew the agreement at the same time we wish to part on good terms
For any further questions on the contract termination letter you can contact us on the company’s direct line number.
