Starting your own business is an exciting venture that requires a lot of dedication and hard work. However, resigning from your current job can be a daunting task, especially when you’re unsure about how to go about it. That’s why we’re here to help. In this article, we’ll be discussing everything you need to know about writing a Resignation Letter Due To Starting Own Business. Whether you’re looking for tips on how to quit your job gracefully, or just need a few examples to edit as needed, we’ve got you covered. So, let’s dive in!
The Best Structure for a Resignation Letter Due to Starting Your Own Business
If you have decided to resign from your current job to pursue your dream of starting your own business, it is important to write a professional resignation letter to your employer. Here is the best structure you can follow:
1. Begin with a formal opening
Your resignation letter should begin with a formal opening that includes your employer’s name, your job title, and the date.
2. State your intention to resign
The next paragraph should state your intention to resign from your current job. Be clear and concise about your reasons for resigning, and mention that you plan to start your own business.
3. Express your gratitude
Show appreciation for the opportunities and experiences that your current job has provided you. Thank your employer and colleagues for their support and guidance during your time at the company.
4. Provide your contact information
Offer to assist your employer in ensuring a smooth transition by providing your contact information. Let them know that you are ready to answer any questions or provide any assistance that may be needed.
5. Close with a formal statement
The final paragraph should close with a formal statement, such as “Thank you for your understanding. Sincerely,” followed by your name and signature.
Remember to keep your tone professional and positive throughout the letter. Resigning to pursue your own business is an exciting and courageous decision, and you want to leave a positive impression with your current employer. Best of luck on your new venture!
Resignation Letter Due To Starting Own Business Samples
Sample 1 – Relocation
Dear [Manager’s Name],
As you already know, I have been planning to start my own business for a while. However, due to unforeseen circumstances, my family and I will be relocating to another city in the coming weeks. Unfortunately, this means that I will have to resign from my position as [Job Title] at [Company Name].
I want to thank you for the opportunity to work at this great company for the past [insert number of years/months]. I have learned a lot and gained valuable experience during my time here, and I appreciate all the support you have given me.
My last day at work will be [insert date], and I will do everything I can to ensure a smooth transition for my replacement. Rest assured that I will continue to be available for any help or guidance that you may need during this time.
Again, thank you for everything, and I wish the company all the best in the future.
Sincerely,
[Your Name]
Sample 2 – Pursuing My Passion
Dear [Manager’s Name],
It is with mixed emotions that I am writing to inform you of my resignation from [Company Name]. While I have enjoyed my time here and am grateful for everything that I have learned, I have realized that my true passion lies in starting my own business.
Over the years, I have developed a strong interest and skill in [insert area of expertise], and I believe that starting my own business will allow me to fully explore and pursue this passion. Therefore, I have decided to take the leap and start my own venture.
I want to express my gratitude to you and the entire team at [Company Name]. I have learned so much from my colleagues and have enjoyed the challenges and opportunities provided to me here. I am proud of everything we have accomplished together, and I hope that our paths will cross again in the future.
My last day at work will be [insert date], and I will do my best to ensure a smooth transition for my replacement. I am available to help with any training or transfer of responsibilities that may be required.
Thank you again for everything, and I wish you and the company continued success in the future.
Best regards,
[Your Name]
Sample 3 – Entrepreneurial Spirit
Dear [Manager’s Name],
I am writing to inform you of my decision to resign from my position as [Job Title] at [Company Name]. The reason for my resignation is that I have decided to follow my entrepreneurial spirit and start my own business.
Working at [Company Name] has been a wonderful experience, and I have enjoyed my time here immensely. The skills I have gained and the relationships I have formed will stay with me for a lifetime.
My last day of work will be [insert date]. I will do everything in my power to complete any outstanding projects and ensure a smooth transition for my replacement. Please let me know if there is anything specific that I can do to assist in this process.
Thank you for the opportunity and support that you have provided me during my time at [Company Name]. Your guidance and leadership have been invaluable, and I look forward to staying in touch and seeing how the company progresses in the future.
Best regards,
[Your Name]
Sample 4 – Following a Dream
Dear [Manager’s Name],
It is with great regret that I must inform you of my resignation from [Company Name]. Over the past few months, I have been working on bringing to life a dream that I have had for some time. As such, I have decided to pursue this opportunity and start my own business.
I want to take this opportunity to thank you and the entire team at [Company Name] for the support and guidance that you have provided me during my tenure. I have had the privilege of working with some of the finest professionals in the field and have learned so much from all of you.
Please let me know if there is anything further that I can do to make the transition easier for my replacement. I will ensure that all of my tasks are completed and that my replacement is acquainted with all the details about my role.
Thank you once again for your understanding, support, and guidance during my tenure at [Company Name].
Warm regards,
[Your Name]
Sample 5 – Pursuing a New Challenge
Dear [Manager’s Name],
It is with a heavy heart that I must resign from my current position as [Job Title] at [Company Name].
I have received a tremendous opportunity to start my own business and, after giving it considerable thought, I have decided to take the leap. The entrepreneurial spirit has always been alive in me, and I feel that I have to pursue this challenge.
I deeply appreciate your guidance and help with all the challenges that I have faced during my tenure at [Company Name]. It has been a great learning experience and has equipped me with the skills and knowledge necessary to start, build, and establish a new business.
Please let me know how I could be of help with arranging my exit from the company. I will work to make the transition as smooth as possible for both you and [Company Name].
Thank you again for everything. I’ll always be grateful for your support and understanding.
Sincerely,
[Your Name]
Sample 6 – Pursuing a New Opportunity
Dear [Manager’s Name],
I am writing to inform you that after considerable thought and deliberation, I am resigning from my position as [Job Title] at [Company Name]. I have been presented with an incredible opportunity to start my own business and have decided to take the leap and pursue it.
I am incredibly grateful for the time I have spent at [Company Name] and for all that you, my colleagues, and my team have done to support me and my career development. Over the years, I have been able to build strong relationships and have developed skills that will surely be useful to me in my new venture.
Please let me know if there is anything I can do to facilitate the smooth handover of my responsibilities to a new team member and make sure that everything runs well until my departure.
Thank you again for your leadership, understanding, and support. I will cherish my time at [Company Name] always.
Warmest wishes,
[Your Name]
Sample 7 – Taking a Risk
Dear [Manager’s Name],
I am resigning from my position as [Job Title] at [Company Name], effective from [insert date]. I want to thank you for the amazing opportunity to work for the organization and for all of your support during my time here. I have decided to take a risk and start my own business, something I have considered for a long time.
Working at [Company Name] has been a game-changer for me – I have learned valuable skills, met fantastic people, and had some truly unforgettable experiences. My time at the organization has been an incredible journey for me, and I will miss my colleagues.
I am committed to ensuring a smooth transition during my notice period, and I will do whatever it takes to ensure my replacement is up to speed with the workload and has the right training required for success in the role.
Again, thank you so much for the support, trust, and direction that you and the rest of the team have provided me over the years. I am looking forward to taking on new challenges and putting my skills to good use in my own venture.
Yours sincerely,
[Your Name]
Tips for Writing a Resignation Letter Due to Starting Your Own Business
Starting your own business is exciting. However, it also means that your time at your current job is coming to an end. When you decide to resign and tell your boss that you are leaving to start your own business, it is important to do so in a professional manner. Here are some tips:
- Keep it simple: Your resignation letter should be brief and to the point. Explain your reason for leaving, but keep it concise.
- Show gratitude: Thank your boss and the company for the opportunities that they have provided you. This will help ensure that you leave on a good note.
- Provide a timeline: Let your employer know when you plan to leave. Be respectful of their needs and give them enough notice to find a replacement or get things in order before you leave.
- Offer to help: Show your boss that you are willing to help during the transition. This can include training your replacement or helping to finish up any outstanding projects.
- Be positive: Keep a positive tone in your letter. This will help ensure that you are remembered in a good light.
When it comes to resigning, you want to make sure that you do it in a profession manner. By keeping your letter simple, showing gratitude, providing a timeline, offering to help, and being positive, you can leave on a good note and start your journey as a business owner on the right foot.
Resignation Letter Due To Starting Own Business FAQs
What is a resignation letter due to starting own business?
A resignation letter due to starting own business is a formal document that an employee submits to his or her employer informing them of their intention to resign from their position in order to start their own business.
How do I write a resignation letter due to starting own business?
You should start your letter with a professional greeting and a clear statement of your intention to resign. Then, explain the reason for your resignation and include a brief statement about your new business venture. Finally, offer to assist with the transition and express gratitude for the opportunity to work for the company.
When should I submit my resignation letter due to starting own business?
You should submit your resignation letter as soon as you have made a definite decision to start your own business and have secured funding and identified a location for your new venture. You should also check your employment contract for any notice period requirements and give your employer sufficient notice.
How do I explain to my employer that I am starting my own business?
You should be honest and upfront with your employer about your reasons for leaving. Explain your passion for entrepreneurship and your desire to pursue this new opportunity. Also, stress your commitment to ensuring a smooth transition and offer to help with hiring and training your replacement, if necessary.
How will my resignation impact my relationship with my employer?
It depends on the circumstances. If you are leaving on good terms and in a professional manner, your employer may understand and support your decision. However, if you leave without giving proper notice or fail to handle the transition process effectively, it could result in a strained relationship with your former employer.
Can I start my own business while still employed?
Yes, you can start your own business while still employed. However, you need to ensure that you are not violating any company policies or using your employer’s resources or confidential information to benefit your new venture. It is also important to manage your time effectively and avoid any conflicts of interest.
What should I do after submitting my resignation letter?
After submitting your resignation letter, you should work closely with your employer to ensure a smooth transition. This includes wrapping up any projects you are working on, training your replacement (if necessary), and handing over any relevant files or information. You should also update your resume and start networking to find new opportunities in your field.
Goodbye for Now!
Thanks for taking the time to read this article! If you’re considering writing a resignation letter to start your own business, remember to keep it professional but positive. Always remember to communicate your gratitude and appreciation for the opportunity your current job has given you. We hope this article has been helpful to you in your journey of entrepreneurship. Be sure to check back soon for more helpful content! Best of luck with your new venture!