Write a letter or email to the company you have chosen to create a joint venture with. Your letter will be from Company A to Company B (you will also have to create a letter from Company B to Company A accepting the proposal). Your letter should clearly explain what product or service you are proposing to create or produce with the other company. Your letter should include the following: One sentence about who you are and what company you represent One sentence about what your company does One sentence that includes one or two examples of other business partnerships your company has had in the past (if your company has not been involved in any other partnerships, you can describe a similar business venture in the market that applies to the new product or service you wish to create) One sentence explaining why you chose to work with Company B and why they would be a good match for a partnership with your company? Two sentences explaining what the proposed joint product or service will be and how it will benefit both companies. Ask to set up a call or meeting for the following week In your email signature, link to your company's website (which will provide some more relevant information about what you do) If no one is likely to have heard of your company before, you should include a brief example of what you do and why this partnership is a good opportunity for both companies. Remember to keep your letter to one page only. You must be brief, concise, and to the point.