A business memo, also known as a memorandum, is a concise and formal written communication used within an organization to convey information, provide updates, or make announcements. It is typically used for internal communication and is intended to be informative, clear, and easy to understand.
Business memos are an essential tool for effective communication within an organization. They allow for the efficient dissemination of information, the documentation of important decisions, and the tracking of progress on projects or initiatives. Additionally, business memos can serve as a valuable historical record of an organization’s activities and decisions.