In this letter of inquiry example the sender asks permission to send a document. You can see that only the bare essentials of the deal are hinted at. It has a quantity of detail that is guaranteed not to bother the reader. At the same time, this letter of inquiry has enough information to let the receiver know the most important points of the idea. After reading it the receiver may decide if the funding company should advance a step further and accept the sender’s offer to send them an investment proposal.

  1. Problems to be Tackled
  2. Virtual Reality Games Stand
    1. Additional Funding Sources
      1. Summary
  3. Inquiry Letter Takeaways
    1. Inquiry Letter Development Process

Dear Mr [edited out]:

I’m submitting this letter of inquiry on behalf of [edited out] SRL. I want to request your consideration to receive our investment proposal. We just finished drafting it. We would like you to read it and tell us what you think. Is that okay with you?

This opportunity is a great fit for you. We have proven successful as providers of amusements. We delivered amusements under the free-to-play and pay-as-you-like business models on various social gaming platforms, like Second Life, Blue Mars, Project Entropia and Facebook. We believe there’s an unexploited market in the trifle amusement niche you are seeking to fund. This is based in a recent customer research we conducted.

Problems to be Tackled

The rise of broadband consumer internet changed the urban landscape. It almost completely killed the community cinemas. Same for the video game galleries of the 1980s and 1990s.

In megacities you can find different kinds of entertainment enthusiasts. For instance early adopters and video game aficionados. And other persons in need of entertainment. These peoples are nothing but disenfranchised while things stand as they are at present.

Before one could find plethora of the aforesaid businesses even in the marginal areas. Not to mention the downtown ones where this commercial phenomena reached colossal proportions. But here isn’t practically any of these venues any longer. If something still stands, is a minuscule remnant of the past.

Or even worse. Sometimes what’s left is not something of the previous eras. Sometimes it’s transplants of the mall’s leisure court to the streets. When the same buildings that housed video arcades house these transplants, it only amounts to an insult to those who saw and used the real thing. If we bring this kind of business to the spots where it’s expected, we could fill a vacuum in the needs of an important market.

Virtual Reality Games Stand

Our idea is for a cost-effective opportunity. To bring cutting-edge recreation back to where it once flourished. Without the risk of tying it to any specific venue. We want to build a transportable “Virtual Reality Diversions Stand”. One person will operate it. It will have the capacity to run online games, first-person shooters, and games or other amusements designed and programmed to use by means of VR gear.

Customers will purchase passes for the attraction. Each pass will be valid for fifteen minutes of game-play time. We have outlined all the components of the business in detail in the proposal. Our proposal is for eleven thousand American dollars to establish the business and fund six months of advertising.

Additional Funding Sources

Facebook owns Oculus, one of the top three most popular companies in VR equipment sales. Striking a partnership early with either Oculus, Facebook or both may help the business grow greatly. Plans for strategic partnership agreements must and will be core pieces of the business model.

Summary

This opportunity would leverage the rise of consumer virtual reality.

Also the buzz around it, and the limelight it is receiving and it will continue to receive. The need for weekday/downtown area brief amusements is great and unfulfilled. We must evolve the trade from where this mass-market industry left off. We think that it has a high chance of being profitable. VR is a market bound to continue growing and thrive in upcoming years.

Let’s build on something that has proven time and time again to be successful with audiences. It has the potential to reap great dividends.

Thanks in advance for your time and consideration. We will be waiting to hear from you.

Yours sincerely,
[edited out],
CFO at [edited out] SRL

Inquiry Letter Takeaways

Make it up to 700 words as to not bore the reader. This inquiry letter is a business-oriented one, but the format can be adapted to other kinds of inquiries.

    Opening greeting
    Presentation
    Exposition of the problem/question
    Additional observation
    Summary (optional)
    Closing greeting
    Signature

Inquiry Letter Development Process

The sequence to come up with the information that you need to write an inquiry letter can be like this:

    Identify the question you need to ask
    Try to answer it with what you already know
    If your knowledge is insufficient, then do research through books, internet, libraries
    If you still have answers after research, identify who would be able to answer your questions
    Once you identify who can come up with an answer, get their contact information
    Craft the inquiry letter

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