Dear [Customer's Name], We hope this letter finds you well. We regret to inform you that we have decided to cancel the contract between [Your Business Name] and [Customer's Business Name], effective immediately. This letter serves as notice of cancellation as per the terms and conditions outlined in our agreement. Despite our initial optimism, we have concluded that it is in the best interest of both parties to terminate the contract. We understand that this decision may cause inconvenience, and we apologize for any disruption it may cause to your operations. Our decision to cancel the contract is based on several factors. Firstly, unforeseen market fluctuations have significantly impacted our ability to deliver the products/services required by our clients. Secondly, recent internal changes within our company have necessitated a reevaluation of our business strategies, making it difficult to continue fulfilling the contract obligations. We want to assure you that we value the relationship we have built with your esteemed organization and understand the importance of honoring any outstanding commitments. As such, we are willing to discuss any alternatives to ease the transition and provide support during this cancellation process. In accordance with our agreement and applicable laws, we kindly request that you return any goods, products, or documents that might be in your possession pertaining to the contract. Additionally, we expect the settlement of any outstanding payments or fees as per the agreed-upon terms. We understand the significance of continuity for your business operations and want to minimize any negative impact caused by this termination. We are committed to ensuring a smooth transition and would be happy to recommend and facilitate any potential alternative service providers that may be suitable for your needs. Please acknowledge receipt of this letter to confirm your understanding of the cancellation. If you have any questions or require further clarification, do not hesitate to contact our customer service representative at [phone number] or [email address]. We are here to assist you throughout this process. We sincerely apologize for any inconvenience caused by this cancellation and wish you success with any future endeavors. Furthermore, we genuinely appreciate the opportunity to have been of service to your esteemed organization. Thank you for your understanding. Yours sincerely, [Your Name] [Your Business Name] [Your Title/Position] Keywords: New Mexico, sample letter, cancellation of contract, business to customer.