Some people quit their jobs to start their own businesses. However, before they can resign from their jobs, they must first submit a resignation letter. It is extremely difficult to explain to your employers why you are leaving your job.
Furthermore, it is generally a good idea to prepare an appropriate resignation letter to assist the entire company in having a smooth transition to assist you in maintaining the company relations and colleague relationships you have developed over time.
This article will discuss the business resignation letter, writing tips, sample and templates to assist you in writing your own.
What is a Resignation Letter for Starting A Business?
A business resignation letter is a single document which informs your employer that you are stepping down from your job to start your own business.
They are business documents that are decided to be kept by the company and are archived in case they are needed in the future. It is not simply a formal letter that an employee must submit if he or she feels the need to resign, only to have it thrown away. It is documented by the company.
Importance of Writing This Letter
When people decide to leave their jobs, they often wonder why they should write resignation letters. If you’re one of them, consider the following:
- Writing a business resignation letter will assist you in maintaining a professional relationship with your work colleagues.
- It will help your employer to find a better replacement before you leave the company.
- A resignation letter for starting a business allows you to include significant details about your departure while remaining as ambiguous about the specific information as possible.
- Constructing your own resignation letter allows you to provide additional information that will benefit not only your manager but also other company leaders.
What to Include in This Letter?
In writing your resignation letter, consider to include the following:
Your resignation letter will almost certainly be addressed to your immediate boss or an HR representative, but you may also address it to your team, department, or the institution as a whole.
- Indicate your Intention and Date of Resignation
The body of your resignation letter should specifically indicate your intention to resign as well as the date of your departure. It is customary to give two weeks’ notice, but depending on the circumstances, you may be leaving immediately or giving more time.
You should mention your current title as well as the name of the company. You can also include details about any outstanding projects or payments you need to make before departure from the company.
- Reasons for leaving the company
You do not need to include personal details in your resignation letter if you have given your employer a clear reason for your departure. Maintain a professional and courteous tone.
- Express your appreciation
Expressing your gratitude to your employer can help you maintain a positive attitude for the rest of your time there and ensure a productive professional relationship after you leave.
- Offer an assistance with the transition
In this section of your letter, you express your desire to assist the company in making the transition as smooth as possible.
- Contact details
Include your current role within the institution as well as your professional contact information. This makes it easier for the company to contact you after you resign.
Tips for Writing This Letter
Here are some writing tips to help you write a more professional business resignation letter:
- Give appropriate notice: Give your employer two weeks’ notice if you’re leaving. If possible , write the letter at least two weeks before you intend to leave your job.
The most important information to include in a resignation letter is the date you anticipate leaving the company. This makes the transition easier for both the employer and you. Include this date early in the letter.
- Ask questions: You should include any questions you have in your letter, such as where to leave work resources or queries about your benefits.
- Make your letter brief: A resignation letter should be brief, simple, focused, and to the point. There is no need to elaborate on your reasons for leaving the letter professional rather than personal.
- Use standard format: Make sure to use business letter format and include a header with the employer’s name and address, the date, and your name and address.
- Proofread and recheck: You should also proofread and double-check the letter before sending it to your manager.
Sample and Templates
The resignation letter sample is for an employee who has worked for the company for several years but is currently resigning because they want to start their own business.
Letter #1: Business Resignation Letter Example
123 Anytown, NY 456
April 19, 2019
Empowered Asset Management
2345 Courtyard St.
Albany, NY 3980
Dear Mr. Dale,
This is to inform you that I will be leaving my position as [your position] at [company] after [no.] years. I will have completed my two-week notice period, making [date] my last working day here. I am aware that I have several outstanding projects that must be completed as soon as possible.
After many years of working for [company], I have decided to start my own business, and I am concerned that I will no longer be able to work for the company. My departure from the organization was unexpected, but it was also exciting because I am excited to launch my own business.
I’d like to thank the management of [company] for the numerous opportunities I’ve had during my time there. I’d also like to thank [name], who has served as my guide and mentor at the organization up to this point. Finally, I’d like to thank every employee at the company who has contributed to my positive experience here.
Letter #2: Business Resignation Letter Template
[Your city, state and zip code]
[Your phone number]
[Your email address]
[Company city, state and zip code]
I am writing to inform you that I am resigning from my position as [your position] at [company] effective [date], as I intend to start my own business.
I understand that my departure from the company is unforeseen and abrupt, but I intend to start my own business and, as a result, I have no choice but to resign from the company. I believe that this is the right time to do so, and with the emergence of the right investor, I will be able to fully undertake this new adventure.
I sincerely thank [name] for hiring me for the job in the first place after seeing so much potential in me. I’d also like to thank [name], who patiently and graciously guided me through my first days on the job. I wish [company] the best of luck in all of its future endeavors.
- You must first express gratitude to the organization’s management for the opportunity to work there.
- You can then acknowledge your last working day and list the various outstanding tasks that need to be completed by somebody else.
- In this case, state your reason for leaving due to your own business.
- Thank specific individuals for making your time in the organization even more enriching.
Resignation Letter For Different Scenarios
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- Resignation Letter for Pregnancy’ (maternity leave)
- Resignation Letter for Working Abroad
- Resignation Letter for Relocation
- Resignation Letter for Retirement
- Resignation Letter for Starting Your Own Business
- Resignation Letter Email