Letter to Business Partner Dear

Letter to Business Partner Dear ____: I am writing this with very mixed feelings, precisely because I value our professional relationship tremendously and I genuinely appreciate having had this opportunity to work together to make something out of [Name of Business]. During the last five years of our professional association, we have had the opportunity to get to know each other personally as well as professionally and we have extended our friendship to our families as well.

I value those personal relationships very much and I fully expect that they will continue during the long-term of our lives beyond any professional association or joint business venture. You have been my mentor and teacher and I owe my professional growth to you.

I have appreciated the trust you have always placed in me and I hope you realize that my dedication to doing my best for ____ has always been largely a reflection of my appreciation for the opportunity you gave me and of my respect for you on both a personal and professional level. On the other hand, as you already know, I have also become increasingly troubled recently by what I have perceived to be a lack of necessary communication and I accept part of the blame for that myself.

I have been frustrated by the lack of communication about things like payments, contracts, cash flow, profits & losses, and lately, I have begun to feel "stuck" in a situation has become draining to me on various levels. While I certainly have mixed feelings and great difficulty with this decision, I believe the time has come for me to explore different professional opportunities. Please understand that one of the reasons I have come to this decision is precisely that I want to preserve our friendship.

Lately, I have begun to have concerns that the way things are going, this venture could potentially affect our long-term friendship. I fully expect that we may very well do business together again sometime in the future and I would also like to preserve the professional rapport and mutual respect and trust that we have established over the last five years. I have decided to seek an opportunity to learn the business from a different perspective but I sincerely hope to do so without any adverse effect on our friendship.

I welcome your input on how to accomplish a termination of our current professional relationship.