How To Write a Perfect Resignation Letter When Starting Your Own Business

Writing a Resignation Letter When Starting Your New Business

Leaving Your Job

Leaving a steady job to start your own business is an exhilarating and often life-changing decision. However, before you embark on this entrepreneurial journey, there’s one important step you shouldn’t overlook: submitting a resignation letter to your boss. Crafting the perfect resignation letter is not only a professional courtesy but also a crucial part of maintaining a positive relationship with your current employer. In this blog post, we’ll guide you through the process of writing a resignation letter that leaves a positive impression and ensures a smooth transition as you take the leap into entrepreneurship.

Give Thought To Your Decision

Before putting pen to paper, it’s essential to give careful consideration to your decision to start your own business. Reflect on your motivations, goals, and the steps you’ve taken to prepare for this transition. Ensure that this is the right move for your career and personal growth.

Choose the Right Timing

A resignation letter should always maintain a professional tone. Begin your letter with a formal salutation, such as “Dear [Boss’s Name],” and clearly state your intention to resign. Keep the letter concise and to the point. Avoid negative language or criticism of the company, your colleagues, or your boss.

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Express Gratitude

Show appreciation for the opportunities and experiences you’ve gained while working for your current employer. Express gratitude for the support, mentorship, and learning experiences that have contributed to your professional growth.

Offer Assistance in Transition

Show your commitment to a smooth transition by offering to assist with the handover process. You can mention your willingness to train your replacement, complete ongoing projects, or provide any necessary documentation to ensure a seamless transition.

End on a Positive Note

Close your resignation letter by expressing your best wishes for the company’s continued success. Reiterate your gratitude for the opportunities you’ve had and your excitement for the future. Sign off with a polite and professional closing, such as “Sincerely” or “Best regards.”

Seek a Meeting

After sending your resignation letter, request a meeting with your boss to discuss the transition further. This meeting can provide an opportunity to address any questions or concerns and to maintain open lines of communication.

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At the End of the Day

Submitting a resignation letter when you’re about to start your own business is a significant step in your entrepreneurial journey. By approaching it with professionalism, gratitude, and a commitment to a smooth transition, you can leave your current job on good terms and embark on your new venture with confidence. Remember that this letter represents not only your professionalism but also your character, so craft it carefully as you take this exciting step towards entrepreneurship.

Examples of wording to assist you in writing a resignation letter to start your own business

Example one:

After much consideration and personal reflection, I have decided to pursue a new venture and start my own business.

This decision aligns with my long-term career goals and aspirations, and I am excited about the challenges and opportunities that lie ahead.

Example two:

I am writing to inform you of my resignation from my position as [Your Position] at [Company Name], effective [Last Working Day]. I have decided to pursue my dream of entrepreneurship by starting my own business.

I appreciate the opportunities and support I’ve received while working at [Company Name] and am committed to ensuring a smooth transition during my notice period. I am available to assist with the transition in any way necessary.

Thank you for your understanding, and I wish [Company Name] continued success.

Is it important to share with your employer that you are starting your own business?

Yes, your employer is often an entrepreneur his or herself and you may find a friend and even a mentor in your business pursuits.  If there is care and respect between you and the business owner, this person may become someone who provides a helping hand to your business start up.  

It is important to be honest with your employer regardless of the reason you are departing but in this particular circumstance, it may be much more beneficial to you to share with your boss your business dreams and you may in the end find someone who is there to support you.

Ontario Business Central has helped hundreds of thousands of individuals on their entrepreneurial journey by providing all kinds of resources to assist in taking a dream of business ownership and making it a reality.

If you have any questions about getting your business started or need some support or assistance, we are always here to help.
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Ontario Business Central Inc. is not a law firm and cannot provide a legal opinion or advice. This information is to assist you in understanding the requirements of registration within the chosen jurisdiction. It is always recommended, when you have legal or accounting questions that you speak to a qualified professional.