Describe the starting position
List assets, liabilities, employment arrangements and current contracts. Add unfinished customer orders, warranty questions and records that will still be needed. Explain why and when activity is intended to end. If financial difficulties exist, obtain qualified legal assessment promptly. Preparing an orderly closure must not postpone any necessary assessment of insolvency duties or other action that may be urgently required.
Assign an owner to every task
Assign clear responsibility for contracts, staffing matters, accounting and communications. Work with qualified legal and tax advisers to establish the steps required and their sequence. A shared timetable exposes dependencies. Selling an asset, terminating a service and ending an entity are different events and should not be treated as a single formal step. Each needs suitable documentation and a clear place in the plan.
Plan beyond the final working day
Decide who remains reachable after operations stop and where records will be stored securely. Agree handovers, access rights and outstanding queries. An orderly ending still requires time and resources, which belong in the plan. Clear documentation prevents organisational gaps and makes later requests easier to answer without an urgent search for former employees or service providers who may no longer be available.
Jaba supports commercial decisions. Individual legal and tax advice is provided exclusively by separately engaged, appropriately qualified professionals.