Completion Checklist
This checklist provides a systematic approach to efficiently closing a transaction or deal. It covers essential tasks and documentation review, ensuring every administrative, legal, and financial aspect is correctly concluded and documented.
Specifically created by Jessie C. Gutierez of ShineBright Facility Care, the Smooth Closure checklist is a reliable guide to achieving the ultimate goal: a finalized, well-documented closure of a business operation, deal, or transaction.
Legal Aspects
The legal dimension ensures the proper conclusion of the deal. The tasks under this category deal with verifying legal compliance and managing legal documentation.
Task | Yes | No |
Review and file legal contracts
| | |
Confirm compliance with the terms of agreement
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Ensure no pending legal obligations
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Update entity registrations if required
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Ensure contract fulfillment
| | |
Financial Aspects
The financial dimension tends to the financial obligations that must be completed in the closure process. This involves managing payments, invoices, and bank confirmations.
Task | Yes | No |
Complete payments if not done previously
| | |
Send invoices where applicable
| | |
Validate final account balances
| | |
Update financial records
| | |
Conduct an end-of-deal financial summary
| | |
Administrative Aspects
The administrative dimension emphasizes on operational and process-related tasks. It involves tasks like updating databases, notifying stakeholders, and archiving for future reference.
Task | Yes | No |
Update company databases
| | |
Notify relevant stakeholders of deal closure
| | |
Archive all documentation from the deal
| | |
Complete closure reports for relevant departments
| | |
Plan and schedule closure review meetings if required
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