Types of Professional Business Letters

In the professional world, you will often need to write a business letter or send a professional email. From applying to a new job, writing a thank you note, sending a note of apology, or sending a farewell email when you depart, there are many circumstances that will require an appropriately formatted letter or email.

How to Write a Business Letter

A business letter is a formal document, with a set structure. As you can see from the examples in the links below, a business letter has a very defined format. A business letter includes contact information, a salutation, the body of the letter, a complimentary close, and a signature. 

There are rules for everything, from how wide the letter’s margins should be to what size font to use.

In general, it’s wise to keep the body of your business letter direct and brief. Explain why you are writing in

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What is Finance? – Definition, Overview, Types of Finance

What is Finance?

Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting. There are three main types of finance: (1) personal, (2) corporate, and (3) public/government. This guide will unpack

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The Seven Most Popular Types of Businesses

Looking to start your own business? Congratulations! You’re onto something big—entrepreneurs like yourself are fueling the economy. To help you get started, we’ll explain the seven most common types of business. If you’re starting your own business, you’ll want to create a business plan to help you better outline your goals before committing to one of the business types below.

Business Types: Infographic

What type of business should you start?

One of the first challenges new entrepreneurs face is deciding what type of business they should register. Although there are several different types of businesses, choosing one doesn’t need to be difficult. Here are the seven most commonly-used business types and some questions to help you pick which business type is right for your startup:

  1. Sole Proprietorship: The simplest type of business. Sole proprietorships are owned and operated by a single person and are very easy to set up.
  2. Partnership: A business owned
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Types of Businesses and Forms of Business Organizations

A business entity is an organization that uses economic resources to provide goods or services to customers in exchange for money or other goods and services.

Business organizations come in different types and in different forms of ownership.

3 Types of Business

There are three major types of businesses:

1. Service Business

A service type of business provides intangible products (products with no physical form). Service type firms offer professional skills, expertise, advice, and other similar products.

Examples of service businesses are: salons, repair shops, schools, banks, accounting firms, and law firms.

2. Merchandising Business

This type of business buys products at wholesale price and sells the same at retail price. They are known as “buy and sell” businesses. They make profit by selling the products at prices higher than their purchase costs.

A merchandising business sells a product without changing its form. Examples are: grocery stores, convenience stores,

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Investment Types | TD Direct Investing

Fixed income investment describes a group of investments that provide a fixed-rate return for a set period of time with principal protection and potential for a higher rate of return.


Government and Corporate Bonds

Through TD Direct Investing, you can buy and sell a variety of Government of Canada, provincial government and corporate bonds as new issues or on the secondary market, in denominations as low as $5,000. We also offer strip bonds, zero coupon bonds, new issues, municipals, Eurobonds, U.S. bonds and U.S. Treasuries. Provincial Savings Bonds are offered during campaign periods.

Learn more about Government and Corporate Bonds


National Housing Act Mortgage-Backed Securities

NHA (National Housing Act) Mortgage-Backed Securities (MBS) are guaranteed by the Canada Mortgage and Housing Corporation (CMHC); a crown corporation whose obligations and guarantees represents a direct obligation of the Government of Canada. As such, NHA MBS offer investors safety, liquidity, competitive yields and the

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Business Degrees | Complete Guide to the Types of Business Degrees

Discover the diversity of specializations available in a business degree program. Explore career options in business, degree levels and requirements, and course topics to help you discern the right business degree for you.

What is a Business Degree?

A business degree opens the door to a wide variety of careers in a number of growing fields, including finance, human resources, marketing, and even in international business. There are many different types of business degrees available, from the associate level to the doctoral level.

While undertaking a business degree or certificate program, you can expect to engage in multidisciplinary coursework covering a wide variety of topics, including economics, organizational management, and entrepreneurship. Earning a business degree will give you the interpersonal, financial management, and leadership skills that will benefit you in your career.

When considering a business degree, you should look at several factors, including:

  • The amount of time you can
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Finance Degree: Definition, Types and Careers

A finance degree is a type of academic degree awarded to students who have completed a formal finance-related degree program at a college, university, or business school. Degree programs in this area rarely focus on one particular area of finance. Instead, students study a range of finance-related topics, including accounting, economics, risk management, financial analysis, statistics, and taxation. 

Types of Finance Degrees

There are four basic types of finance degrees that can be earned from a college, university, or business school:

  • Associate Degree: An associate degree with a focus on finance can usually be earned in two years or less. An individual with an associate-level finance degree can often get entry-level positions at a bank or accounting firm, but may need a more advanced degree for supervisory or management positions. 
  • Bachelor Degree: A bachelor degree in finance can usually be earned in three to four years. This degree is required
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Small Business Loans – Compare Loan Types and Start Your Application

We strive to provide you with information about products and services you might find interesting and useful. Relationship-based ads and online behavioral advertising help us do that.

Here’s how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that’s customized to meet specific interests you may have.

If you prefer that we do not use this information, you may opt out of online behavioral advertising. If you opt out, though, you may still receive generic advertising. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements.

Also, if you opt out of online behavioral advertising, you may still see ads when you

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