Hi All,

I just closed on my first business acquisition. Putting together a master list of key actions to take prior taking possession of the business (post close) and critical items to execute during the training transition period with sellers.

Please send me a direct message if you have a master list I can guide myself with. Any input is truly appreciated,

Thank you, Searcher Community!

Below what I have so far:
Get Business Credit Cards Set up New QuickBooks Record your new debt liabilities. Set up new Bank Account (checking) Order Checks Set up of Transfer Credit Card Services Business (Liability, Property and Fire) Transfer $51k worth of deposit and rent advance payments Apply for fire Permit on Warehouse lease Obtain Commercial Leases Certificate of Formation LLC Subordination letter for landlord Sign FBOL Offer Letter Collateral: Renata to pledge interest to lender Assign Lender as Mortgage/Loss Payee LLC Operational Agreement Resolution Form Term Life ($900k each) Form 1919 Gift Letter from Enrique Cruz Get EIN For Entity Get Sales and Use Tax Certificate Pick Accountant Add yourself as an employee Set up All ACH Transfers for Clients who pay by ACH OSHA Inspection Get Resale Certificate Set-up Sales Tax Online account Set-up EFTPS account Federal Issue new Resale Certificates to any Vendors needing them. Get new Sales Tax Certs from Clients Have exiting Entity Create W2's for employees before closing out their accounts Phone Internet Gas Electricity Water Pest Control Web / Email Hosting