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In my letter to my relative I would like to introduce my self, introduce why I am writing to the recipient , have a detailed description of the type of store we want to open, short and long term goals for the business, explanation of why Ineed gthe additional financing, how they will benefiet from my venture, and how I plan to reimburse him etc.
Please help me with this letter.
I would rather suggest you borrow money from your parents(easier comparing to a relative) or the bank(more formal), for the bank financing ,you need a completed business plan.
I dun really understand why you need to write such a detailed letter to your relative. Are you and your relative so remote in relationship, if so, i dun see there are any big differences between borrowing money from your relative and from the bank.
People are waiting to help.
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