1. Introduction: Business letters are written keeping special goals in mind. It includes letters of inquiry order letters, letters of complain, letters for collection of dues etc. If buyers are informed about product and other related information then only the firm will be able to increase its sales. It is important to stay in touch with all the stakeholders of the firm as it increases the prestige of the firm. There is a constant change in inclination towards business and employment and in this changing environment business should stay in touch with customers, producers, distributers, suppliers, government employees etc. For advertisement purpose also business letters are simple, less expensive and impactful method.
2. Importance of Business letters: It is as follows
(1) Less expensive tool : In business for exchange of information letter writing is less expensive tool compared to other tools. It does not need any equipment like Fax, Teleprinter, Computer, Mobi phone etc. which are required for other methods. Any body can make use of this simple, less expensive method.
(2) Accessible tools : In business letter writing is one of the most accessible tool. Any small or b businessman can make use of it to do any business activities. It does not require any mechanic equipment.
(3) Detailed Information : When the exchange of detailed information is required in business, th telephonic talk cannot be of use. It is difficult to remember long telephonic talk and it cannot remember accurately for further reference. It is not necessary that all firms own computers. On letter writing medium is useful for detailed information at less expense.
(4) No Limitation of Distance : The letter writing can be undertaken with the person residing in ai part of the world without any limitations of distance.
(5) Written evidance: Businessman cannot completely rely on oral communication for purchase a sale orders. Written communication works as evidance, which can be filed. If both the parties ha any misunderstanding or conflict then written communication can work as written evidance.
(6) Secrecy of Information : Letter writing tool is important when secrecy of information has to kept. If the words personal is written on envelope then the contents of the better can be ke secret. It is difficult to maintain secrecy in case of telephonic talk or any other medium.
(7) For Accounting/Collection purpose When the goods are sold on credit it is important to remi the party for timely payment. All the related details has to be sent to debtor regarding collecti on its maturity. It becomes possible by letter writing to send notice to the related parties, whi in turn is helpful in collecting funds on time.
(8) Least Chances of Cheating : The business letters are written on the firms letterhead, so it difficult to cheat through letter writing. Generally firms letterhead is used for business lett writing which has firms name, address and registered trademark or logo.
(9) Information to Different Classes : In commercial correspondence circular letters can be writt to different parties giving them information about the firm or firms future plans & endaveo Generally circular letters are sent to regular customers, wholesale businessman, reta businessman, Agents etc. which help to increase business.
(10) Important Clarification : Different parties need different information from the firm like pric quality, packing, delivery, terms and conditions etc. for this business letter writing is a importal tool which helps to get satisfactory answers.
3. Conclusion: Business letters are must, even in the modern era. It acts as a legal evidance and a helpful tool for all the types of dealings of the business.