Document background
The Business Memorandum is a fundamental tool in Irish corporate communications, designed to facilitate clear and formal internal communication within organizations. This document type is particularly important in the Irish business context, where it must align with local corporate governance standards and the Companies Act 2014. A Business Memorandum serves multiple purposes, from announcing policy changes and procedural updates to communicating strategic decisions and project initiatives. It creates an official record of communication that can be especially valuable for audit purposes, compliance documentation, and organizational memory. The document typically includes detailed information about specific business matters, implementation requirements, and necessary actions, while maintaining a professional and structured format that ensures clear understanding across all organizational levels.
