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When drafting the client termination letter, keep the following in mind: It's not necessary, or suggested, to include a reason for the termination. The letter should simply and directly inform the client that you will no longer provide services to them.
Dear [Client], We regret to inform you that we will no longer be needing your services effective by [Date]. We've decided to terminate our partnership with [Name of client/company] due to [reasons]. Our time together has been valuable, but now it's best we grow independently.
Dear [Client], We regret to inform you that we will no longer be able to provide [accounting / bookkeeping] services to your business. We value the time we have spent working with you and appreciate the opportunity to serve your needs.
State the big idea: You will no longer require the other party's services as of a certain termination date. Or, alternatively, if you're the one cancelling a contract, that you'll no longer provide services as of a certain date. Spell out the reasons you're terminating the contract?keep this brief and to the point.
Start by sending the client a letter or email explaining your decision. Thank them for their business but explain that you think it's time to part ways. Be respectful and avoid any personal attacks. If the client tries to argue with you, stay calm and firm.