If you decided to close your business, here is a sample template you can use to write an announcement letter for closing a business.
Subject: Announcement for Closing a Business
We would like to inform everyone that the company [Name of Company] will be closed from [Date of Closure] for always. Unfortunately, we have to take this decision due to [Mention the Reasons]. We feel overwhelmed to announce the closure of the company.
We will be closing down all accounts regarding receipts and payments within the next [Mention Number of Days]. We will contact each account holder owing to their payment schedule.
We would like to thank each one of you wholeheartedly for participating in our business and contributing in any way to the company.
Please feel free to contact us in case of any doubts. You can connect with us on [Email/Contact Number].
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