When you write a business plan to an investor or a lender, it is vital to include a business plan cover letter addressed to the individual who shall review it. It is a chance of an applicant to share a personal word with an investor and then prepare him to read the business plan. A business plan decides the feasibility of a business. People who start a small business might spend hours preparing a business plan, however, they might not give much importance to a cover letter. A cover letter is a vital part of a business plan. Many students face a difficulty writing a business plan and this makes them avail of business plan writing help from BookMyEssay.

How to Write a  Business Plan Cover Letter?

If an applicant does not know the person who shall read the business plan, he should call the lending institution, bank, or investor. If the applicant is aware of the lender, he should submit the business plan with a cover letter. The cover letter should not be more than one or two pages. The letter should state that the business plan is attached and he is applying for a loan to begin or develop his business. He should state clearly the benefits for the investor. Investors should believe that they will receive a good return on their investment and the loan shall be repaid timely.

Some of the tips to write a business cover letter are stated in our business plan writing help as follows:

  • Use a conversational and formal tone
  • Use short sentences and active voice
  • Do not make the plan too wordy
  • List the main points providing an explanation of each point.
  • Make your business plan sound interesting

Business Plan Cover Letter types

The types of business plan cover letters are discussed in our business plan writing help as follows:

Recipient needs

This cover letter focuses on the recipient’s content and on his questions, needs, or interests. You can use this form of a cover letter when you have an in-depth understanding of who shall read the plan. When you know that the investor wants to know about your marketing plan then you should mention some details on how you plan to market.

Follow-up letter

If you have met the person briefly to whom you shall send your business plan then include a follow-up covering letter. It is a concise letter, which refers that meeting and also says the recipient that the business plan is attached in continuation of the earlier conversation.

Product and Services Oriented

One more kind of business cover letter discusses the products/services, which you want to offer. It introduces the product such as its benefits and features to readers. Going through the preview of your product might grab the attention of recipients and make them read your business plan.

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Our professionals follow the university guidelines along with proper referencing and citation styles. We deliver original assignments that are 100% plagiarism-free. We check our assignments thoroughly via Turnitin. So, if you want a brilliant business plan writing help, get in touch with us now.