Difference between Letter and Memo
Letter
1. It is formal communication in writing.
2. It must have a heading with name and address of the company.
3. It must have inside address.
4. It includes salutation.
5. The body / text of the letter starts with a formal sentence.
6. The body ends with a formal closing sentence.
7. Complimentary close is an important part of the letter.
8. Compared with the memo it takes more times to write.
Memo
1. It is informal communication in writing.
2. It may or may not include name and address of the company as a heading.
3. Here, inside address is ignored.
4. Salutation is not needed.
5. The memo does not carry any formal sentence as an opening. It starts right away with the main idea.
6. No formal closing sentence is required. It stops right at the completion of the idea.
7. Complimentary close is not needed.
8. It is a time saving device.

Bharat Book Bureau presents the market report on "Construction in India - Key Trends and Opportunities to 2017" The Indian construction industry increased in value at a CAGR of 15.10% during the review period..
Read

May 20, 2013: Bharat Book Bureau presents the market report “Oil and Gas Exploration and Production Outlook in India to 2016" Production Analysis, Forecasts and Details of Major Crude Oil and Natural Gas Blocks and Fields.
Read

Many people need boots that will protect their feet from any number of dangers, from heavy things dropping on them, to chemicals, moisture and even fire. Mack boots offer sturdy but comfortable boots that are durable enough to withstand all kinds of environments. They are a boot you can trust..
Read

A careless employer can be the reason for any trouble that his employees are suffering from, a careless store owner can be the reason why his customers are getting injured.
Read

Apartments are the thing that always needs to match with your lifestyle. Apartments should be the place where you can breathe freshly; you can forget your tension, stress, with entering in your flat..
Read

Barter System - Barter System is that system in which goods are exchanged for goods - Barter System.
Read

Objectives of Business means the purpose for which the business is established. It is generally believed that the main objective of business is ta make profit and avoid loss..
Read

Functions of Money - Functions of Money as a Medium of Exchange, Measure of Value, Deferred Payment, Store of Value - Functions of Money.
Read

The importance of business is that it provides products or services to customers..
Read

The partners of a firm are broadly divided into three main categories. General Partners, Special Partners and Other Partners..
Read