Transisioning From Full Time Employment To Entrepreneurship

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Transisioning From Full Time Employment To Entrepreneurship

Transisioning From Full Time Employment To Entrepreneurship

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date: {{date}}

Subject: Notice of Resignation and Intent to Transition to Entrepreneurship

Dear {{employee_name}},

This letter serves as formal notification of my resignation from my position as {{position}} at {{company_name}}, effective {{last_day_of_employment}}. I have accepted an opportunity to pursue my long-held ambition of entrepreneurship and will be establishing my own venture in the {{industry/sector}} sector.

Key Considerations During Transition

During my notice period, I am committed to ensuring a smooth handover of my responsibilities. I propose the following areas for immediate attention:

1. **Knowledge Transfer:** I will dedicate time to documenting ongoing projects, key client information, and critical processes. I am available to train my successor or internal team members on these aspects.

2. **Project Completion/Handover:** We should prioritise the completion or effective handover of my current projects. I am open to discussing an interim plan for ongoing tasks that may extend beyond my last day.

3. **Client Communications:** I am prepared to assist in communicating my departure to relevant clients and ensure a professional introduction to the designated point of contact.

4. **Company Property:** I will ensure all company property, including laptops, mobile phones, and access cards, are returned in good order by my last day of employment.

5. **Confidentiality:** I reiterate my commitment to maintaining the confidentiality of proprietary company information and trade secrets, as per my employment agreement and applicable laws.

Post-Employment Engagement (Optional)

While I am transitioning to my new venture, I remain open to discussing potential future collaborations or consultancy arrangements should my skills and expertise align with the future needs of {{company_name}}. This could include:

1. **Consultancy:** Providing ad-hoc consultancy on specific projects or areas where my expertise would be beneficial.

2. **Partnership Opportunities:** Exploring mutually beneficial partnership opportunities between {{company_name}} and my new entrepreneurial venture.

Any such engagement would be subject to a separate agreement outlining the scope, terms, and compensation.

Thank You and Best Wishes

I extend my sincere gratitude for the opportunities and experiences I have gained during my time at {{company_name}}. I have valued my time here and appreciate the support and mentorship I have received from colleagues and management.

I wish {{company_name}} continued success in all its future endeavors.

Acknowledgement of Receipt

Please acknowledge receipt of this letter by signing and dating below.

Employee Signature: _________________________

Date: _________________________

For {{company_name}}:

Acknowledged by: _________________________

Name: {{manager_name}}

Title: {{manager_title}}

Date: _________________________

Signature

Sincerely,

{{employee_name}}

{{employee_address}}

{{employee_phone}}

{{employee_email}}