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I can't think of one service provider I have who would feel obligated to tell me the reasons they made a choice to close their business nor can I think of one who would expect me to show up as a group for coffee to hear the news. If my hairdresser, day care provider, anyone asked me to come for coffee because they wanted to share some news, my first comment would be "can't you just tell me now? Why do I need to come to some formal meeting? What's so important?"
I have known a few service providers send out letters going into detail about a big change and more details. I think when a client and their service provider form close bonds, it's okay to go into more detail, and contrary to belief, there are a number of human beings who actually do care and take a genuine interest in another person and their wellbeing. Let's not paint everyone with the same brush now! Granted, the only need in giving notice of closure are the facts directly affecting the business relationship, but everyone has a different personality, different preferences and a different approach and what works well for one may not work for another. So, while some parents couldn't give a hoot about their daycare provider moving on to new pastures, others do.