* Gather all of your licenses and contact the office that issued them.  This includes resale, fictitious business names, and other locally issued licenses. Call their issuer to find and file the appropriate paperwork to officially terminate your business.

* Keep copies of negotiations with banks, creditors, and landlords. Make sure to get receipts for all payments made.

* Keep copies of final bills from vendors and suppliers along with your cancelled checks.

* Keep copies of final bills from utilities and payroll preparers along with your cancelled checks. Make sure to request a return on any deposits you made for service.

* Keep in touch with your former employees, creditors, and vendors. Make sure that you keep them updated on changed in your residence.

* Notify your insurance company of any problems that arise from the closure of your business. You’re legally bound to do this anyway, but your insurance was also meant to protect you. Notify your insurer in writing about any concerns or problems that can complicated the closure of your business.