#pe_utils #bizdev_utils
**Assets**
- [ ] Evaluate past CapEx spend & determine new CapEx needs
- [ ] Conduct major equipment purchases
- [ ] Conduct equipment maintenance
- [ ] Retitle major assets (e.g. vehicles, etc)
- [ ] Conduct inventory valuation
- [ ] Inventory tools & equipment
**Banking**
- [ ] Setup new bank
- [ ] Migrate key accounts
- [ ] Provision access for employees who need it
- [ ] Develop authorization strategy & deletage signing authority
- [ ] Determine & enforce credit card limits / credit limits
- [ ] Document the new process for payments
- [ ] Document the new entity credit strategy
**Corporate Org Structure**
- [ ] Review business licenses
- [ ] Establish EIN numbers
**Facilities**
- [ ] Complete ongoing (or needed repairs)
- [ ] Evaluate space requirements versus future needs of the business
- [ ] Evaluate environmental regulations (e.g. oil water separators, etc)
**Ownership Transition**
- [ ] Org chart review (responsibilities for key leaders)
- [ ] Banking introductions and turnover
- [ ] Customer introductions and turnover
- [ ] Vendor introductions and turnover
- [ ] Pending contracts introductions and turnover
- [ ] Email forwarding and redirection
- [ ] Ceremony for outgoing leadership
**Finance**
- [ ] Review financial statements
- [ ] Complete audit on GAAP compliance
- [ ] Review and rebuild (if needed) budget
- [ ] Review and rebuild (if needed) cash flow model
- [ ] Review covenant compliance
- [ ] Conduct aptitude assessment of CFO and controller
**HR**
- [ ] Review and update (if needed) handbook
- [ ] Review capacity planning model
- [ ] Review employee contracts
- [ ] Review safety program
- [ ] Review environmental / hazmat program
**Insurance**
- [ ] General liability
- [ ] Vehicle
- [ ] Healthcare
- [ ] Workers comp
- [ ] Cyber
- [ ] Bonding
- [ ] D&O
**Payroll / Benefits**
- [ ] Deferred retirement plans
- [ ] 401(k)
- [ ] Bonus & variable comp plans
- [ ] Discretionary bonus
- [ ] Payroll service (e.g. ADP, Paylocity, etc.)
- [ ] Payroll leadership
- [ ] Align payroll to banking
- [ ] Setup direct deposits
- [ ] Management equity grants and 83(b) elections
**Technology**
- [ ] Device inventory (computers, phones, printers, networking, cameras, etc.)
- [ ] Admin turnover of office products (Office, G-Suite, NextCloud, etc)
- [ ] Admin turnover of ERP system
- [ ] Admin turnover of finance system
- [ ] Admin turnover of payroll system
- [ ] Admin turnover of website and domain hosting
- [ ] Admin turnover of VPN / RDP connections
- [ ] Admin turnover of on prem and cloud servers
- [ ] Admin turnover of SOC / SEIM / RMM
- [ ] Review and update (if necessary) MSP contract
- [ ] Conduct security assessment
- [ ] Legal hold of all outgoing accounts
- [ ] Email forwarding rules