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Entrepreneurship. Lesson Five Effective Business Letters. Parts of a letter. Date Inside Address Salutation Body Closing Signature. Basic rules. Key all formal correspondence Spell all names correctly and have the correct address Always date your business letters.
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Entrepreneurship Lesson Five Effective Business Letters
Parts of a letter • Date • Inside Address • Salutation • Body • Closing • Signature
Basic rules • Key all formal correspondence • Spell all names correctly and have the correct address • Always date your business letters. • Use names and titles appropriately. • Be direct and positive.
Basic rules - continued • Be persuasive and specific. • Avoid using fancy language. • Be polite. • Use an appropriate closing • Proofread for spelling and grammatical errors.
Assignment • You own a shop that sells comic books. Write a business letter to your main supplier, a comic book wholesaler. Tell the supplier that you have not received the shipment you ordered of the most recent edition of a popular comic. Be sure to follow the basic rules for writing business letters. Create names for your business and your supplier’s business.
Assignment – Bonus – 5 points • Ellen Greenberg loves to make and fly kites. Ellen is planning to open a shop that sells custom-made kites. She asks for your advice to help her set financial goals. • Ellen estimates that after expenses, she can make a $15 profit on each kite she sells. If her annual income goal is $15,450, how many kites will she have to sell? • Assuming she can make only three kites per day and will work five days a week, year round, is this goal realistic?