There are times when a government agency, non-profit organizations and to a lesser extent, profit or business entities have to work together towards a common objective. It could be a situation that would affect both organizations directly, a project that would benefit them or something similar that would require two or more entities to come up with an agreement and communicate it officially through a memorandum of understanding.
5 Steps To Write A Memorandum of Understanding
Step 1: Learn What It Is
Before you can write a memorandum of understanding (MOU) with another organization, know what it means to forge one, especially if it’s for the long term. An MOU is a formal document that maps out a bilateral agreement between two entities. It presents a structure for both parties to combine efforts but generally doesn’t have the binding components of a contract.
Step 2: Discuss the Problem
Explain or discuss the issue or need that you and the other organization want to address. While it isn’t required, you can include a phrase that describes the type of need encouraging both of you to work together. This is very important especially when you are affected by a problem worsening as the days go by.
Step 3: Identify the Parties
Properly identify and define the parties to the memo accurately. Make sure to spell the name of the businesses, department or institutions that agreed to work together for a certain number of days, months or years. Include contact details for each party to the understanding as well as the names of people in charge of important tasks.
Step 4: Explain the Need
A memo of understanding should be able to discuss clearly and briefly the purpose of working together. This should be less about the project’s objectives and end-result but instead more about the value that the two organizations bring to each other’s table, including why you’ll be able to reach your goals faster as joined forces.
Step 5: State the Effective Date
The memo needs to indicate the final or agreed time of its effectivity. Agree on a target date and make sure that both organizations can commit to it. You may want it to be in effect for only a certain period. Then again you may be required to have the MOU in place longer depending on the need.
10+ Memorandum Of Understanding Templates
1. Memorandum of Understanding Template
If addressing an issue involves working with another organization, you need to write a memorandum of understanding to have everyone on the same page. You can download this ready-made memorandum of understanding template which runs in Google Docs, MS Word and Pages. Print it out in any compatible device.
2. Memorandum of Understanding Between Two Parties for Business
Are you looking for a document that spells out the purpose of working with another party? This memorandum of understanding between two parties is what you need. Download the template and make the understanding official for both businesses. Agree on a date it becomes effective and print the file in no time.
3. Memorandum of Understanding Format for Business Template
When it comes to forging an alliance with another business entity, a memorandum of understanding is your best tool. Without the binding powers of a written contract, this memorandum of understanding sample is professionally-crafted to suit your needs. Communicate your agreement formally by downloading this template now.
4. Restaurant Memorandum of Understanding
Are you working on a project with another restaurant or similar establishment? You can make use of this topnotch sample restaurant memorandum of understanding to forge that partnership. Just click on the download button and run the file in any of Google Docs, MS Word and Pages.
5. Memorandum of Understanding Between Two Individual Party
You don’t need to have a foolproof, strict guide just to structure a memorandum of understanding with another individual or party. You just have to make use of this sample memorandum of understanding to make your task easier. Go ahead and download this very accessible template.
6. Memorandum of Understanding for Business Template
There’s going to be a whole lot of paperwork involved in maintaining the processes of an organization or two. One of them is a memorandum of understanding. If you need one written for business, here’s a sample memorandum of understanding. You can download and print it in multiple file formats.
7. Memorandum of Understanding Between Two Parties
A memo regarding two entities working together for a shared goal needs to be communicated accurately. You can take advantage of this very accessible memorandum of understanding template and look through what you can use with your own memo since this template is easy to edit or modify.
8. Memorandum of Understanding for Business Template
Rather than worrying about how to write in perfect, flawless business language just to nail your memo about a partnership with another entity, why not ask for your team’s cooperation through this memorandum of an understanding sample. Edit and customize the file as you see fit. After that, you can easily print it in your preferred format.
9. Sample Memorandum of Understanding
Need to forge an agreement with another business or organization? With this sample memorandum of understanding, you’ll be able to outline the goals of your partnership and how you could benefit from working with each other. Download this sample memorandum of understanding in PDF format to serve as your guide.
10. Memorandum of Understanding
Want to have a professional document that spells out your understanding with another party about a shared partnership? Get this partnership memorandum sample to have a proper guide in putting together an organized memorandum. You’ll be more than ready to communicate across the organization.