Dear [name of recipient],

I'm writing to outline the proposed business transaction you and I discussed on
[date]. This isn't a binding agreement, and I’m open to continued negotiation.

We've agreed to enter a design partnership. My responsibility will be business

development, client sourcing, and project management. Your roles will be handling
creativity, design, and developing other deliverables. All profits will be split 50-50
after expenses. We have agreed to hire an assistant to aid in administrative work,
an account, and sign up for a small business loan for [sum] to cover initial overhead
expenses, to be outlined formally in a partnership agreement.

We have agreed to meet on [date] to discuss financial details with [name of

accountant], open a joint business account on [date] at [bank], sign an office rental
agreement with [name of real estate broker] on [date], and sign a formal partnership
agreement on [date] with [name of lawyer].

I look forward to firming up the details and getting started on this new venture
together.

Sincerely,

[name]