Project: Business Letter
- Brainstorm a business that you would like to create that you believe would be successful in your community. Imagine you have already written an excellent proposal for the business, identifying the company name, product or service, target market, and how it meets a business need. However, your efforts to raise the initial investment needed to start the business have been unfruitful. A friend and known business entrepreneur, Joe Smith, recommends a business capital company called Angel Investment Group Ltd., which focuses on funding emerging business like yours. Upon hearing about your plans, he indicates that his investment group generally supports business ventures such as yours.
Business Letter
Assume you have already completed a business proposal for your potential business. Now, write a cover letter (only) to Angel Investment Group Ltd. seeking financial support for your project. The letter should include a brief summary of the proposed business and your justification for its potential success. Employ the appropriate concepts discussed in the textbook reading and your lesson to help guide your persuasive message.