Email

In: Business and Management

Submitted By hollybabes
Words 257
Pages 2
Dear Ms Jocelyn Smith

I am emailing you to ask for your assistance as a financial advisor for my new business, Buttons Bar and Lounge. I require R4 000 000 for the start up of the company and need your assistance in preparing a budget, doing accounts and obtaining a loan.

The estimated cost to start the business consists of property, interior, stock and appliances. Adding to this is the cost of paying staff at an estimate of R4500 per night. As I have no experience in running accounts and doing finances for a business I require your help in doing so.

I would need to prepare a monthly budget inclusive of all expenses and income so as to efficiently spend money and create maximum profits. I would also require you to do monthly accounting for the business to submit to SARS.

Most importantly we would need your assistance in obtaining a loan from the bank to fund the start up of the business. This amount will be the whole R4 000 000.

The loan will need to be obtained within the next year so the building for the business can be purchased and the business can be started by the set date of 24 April 2015. This means that in the time being you would not have to go forward with the monthly accounts however, I would like you to draw up the budget so I have an idea of the business plan in advance.

Thank you in advance for your attention to this matter.…...