Dear Ms. Sparks:Please allow me to introduce myself. My name is Agyeman George Kwadwo, founder, and CEO of WorldConnect Language Services. WorldConnect Language Services was started in Memphis, Tennessee and was reserved to capacity within two months of its opening, due to the remarkable need for interpreters and translators by the growing number of international business professionals. Thorough marketing research revealed that at least ten other cities in the southeastern United States would support businesses like my company, but at this time, our company does not have the cash-flow to embark on such an expansion.
I recently attended the Entrepreneur’s Lunch Forum of which I believe you were in attendance. It is my understanding that you are thinking about to putting resources into a non-technology based business. I believe WorldConnect Language Services would be the ideal prospect for you and would be a perfect fit to build up our business. It would allow for the expansion to other urban communities all through the Southeast U.S. Your benefit would, of course, be a share in our company.
My team and I are entirely dedicated to this business and its advancement. Your investment would be secure in our company. With my goal and diligent work, WorldConnect Language Services is as of now expanding and developing, however, has its confinements obviously, without greater venture capital. It would take almost $150,000.00 to begin the arranged development as indicated by our market expansion strategy. I am ready to provide you a 10% equity stake in my company which is open to negotiation, for the amount mentioned earlier. The value of WorldConnect Language Services currently is $50,000.00.
I know this is short notice, but I will particularly want to meet with you as soon as your schedule permits to examine my proposal and to answer any inquiries you may have about the business itself and to exhibit a composed strategy for success and the financials of the organization up until this point. It would be an extraordinary joy to work with you and to have you as an investor in WorldConnect Language Services of which I am glad to lead. Thank you in advance for your time and consideration. Looking forward to high expectations and hearing from you soon.
Agyeman George Kwadwo.