Document background
The Opportunity Letter is a crucial business document used in the Philippines to initiate formal business relationships or employment arrangements. It serves as a preliminary offer document that bridges informal discussions and final agreements. Typically used when presenting employment positions, business partnerships, franchise opportunities, or investment proposals, the Opportunity Letter provides essential information about the proposed relationship while maintaining compliance with Philippine business and labor laws. The document should be carefully drafted to include key terms and conditions while avoiding creating binding obligations prematurely. In the Philippine context, where business relationships often blend formal and personal elements, the Opportunity Letter helps maintain professional standards while fostering positive relationship development. The document typically includes details about the opportunity, basic terms, company information, and next steps in the process.
