How to Write a Letter of Intent
Watch more Business Communication videos: http://www.howcast.com/guides/25-Business-Communication Subscribe to Howcast's YouTube Channel - http://howc.st/uLaHRS Use these guidelines when writing a letter of intent. Howcast uploads the highest quality how-to videos daily! Be sure to check out our playlists for guides that interest you: http://howc.st/ytmainplaylists Subscribe to Howcast's other YouTube Channels: Howcast Health Channel - http://howc.st/HOE3aY Howcast Video Games Channel - http://howc.st/tYKKrk Howcast Tech Channel - http://howc.st/rx9FwR Howcast Food Channel - http://howc.st/umBoJX Howcast Arts & Recreation Channel - http://howc.st/vmB86i Howcast Sports & Fitness Channel - http://howc.st/vKjUjm Howcast Personal Care & Style Channel - http://howc.st/vbbNt3 Howcast empowers people with engaging, useful how-to information wherever, whenever they need to know how. Emphasizing high-quality instructional videos, Howcast brings you experts who provide accurate information in easy-to-follow tutorials on everything from makeup, hairstyling, nail art design, and soccer to parkour, skateboarding, dancing, kissing, and much, much more. Step 1: State terms clearly Spell out the essential elements of the verbal agreement you have reached with the other party. Tip State clearly all significant terms and conditions in the agreement, including services to be provided and fees to be paid. Step 2: Identify all of the parties Identify all of the parties subject to the agreement. Step 3: Specify dates Specify the beginning and ending dates of the period for which the agreement is to remain valid. Step 4: Include a termination statement Include a statement explaining how the agreement can be terminated. Step 5: Add a statement about the agreement being binding Add a statement that both parties understand they are entering a binding agreement -- if that is in fact the case. Step 6: Request a reply Request a reply if the other party does not agree that the letter accurately reflects the verbal agreement. Then sit back knowing that you have clearly stated the terms of your agreement. Did You Know? The medieval period is considered by some scholars to be the golden age of European letter writing manuals.