What Do You Do When Closing A Store?
When closing a store, there are several things you need to do. First, notify your staff and customers of the closure and the date of the last day of operation. Then, make arrangements to liquidate inventory and dispose of any remaining assets. Also, ensure that all bills and debts are paid in full, and cancel any contracts or services that will no longer be needed. Finally, inform any relevant authorities such as tax agencies and adjust your bookkeeping records to reflect the closure of the store.