English homework help

This is an email to a partner (Jane) who would like to withdraw her shares from the business in such situation during the COVID19 period.
 

• Acknlowdge Jane’s concern; no update as the director was on maternity leave but the team was busy, working on the business.
• The team has been working very hard to build the short term stay apartment portfolio from the day the business is set up.
• With our experience in short term stay operation and the trust we build with the owners, with the right market, it is expected that business investment will start      making profit after 6- 8 months. The team had already managed to build up our short letting pool to 23 apartments in the building.  We have just      started with selling the rooms and the corona virus hit the short-letting      business hard :current occupancy rate is lower than x % and foreseeable future occupancy doesn’t look good
• Funds were running low in account, after the initial investment, the company has further injected      $xxx into the account to keep the business going ($xx on xxx) but the company  didn’t ask for injection from Jane.
• We are facing big      challenges now that we have X Rental Guarantees that we need to pay every      month which is $x per month and $x per week but we don’t have enough      booking to cover the expense.
• expect that the short      letting market will need at least 6 – 12 months to recover
• Actions taken to      minimise loss:
• our team has suspended signing up new properties. We have been trying to transfer these properties to fixed term with 3 leased under fixed term; 20 still pending for lease
• This is the most difficult time for us and withdraw from the partnership will put more      pressure on us.
• However We understand your concern; agree for her to withdraw but cannot refund the initial      investment – funds were used to build the business (main cost renovate the      shop, paying rent to shops and rental guarantees payments, invest in      furniture)