Business Readiness Checklist

1. Business Location Readiness:

• Make sure that the site for your enterprise suits your business’s needs;
• Make sure that the building you have selected is appropriately equipped and serviced;
• Make sure you have enough of space to enable certain business extension;
• Make sure your business location is convenient enough for employees to get there (if some problems exist, make sure to organize appropriate transportation solution);
• Make sure that appropriate parking facility is available;
• Make sure that all papers were properly checked by lawyer and signed as appropriate;
• Make sure that there are no pending lease-related issues and all costs are paid as required;
• Make sure that all utilities are in line;
• Make sure all employees are authorized and enabled to access the business’s site freely;

2. Readiness of Business Equipment and Office Supplies:

• Make sure that all office furniture and equipment for individual workplaces are in place;
• Make sure you have all the necessary production equipment at place and ready to operate;
• Make sure that the telephones (landline and internal) as well as any other communicational technologies (Internet, local network, etc) are in place and ready for use;
• Make sure that users’ access credentials and procedures necessary to approach the corporate systems have been established;
• Make sure you have contracted all necessary supplies and facilities to maintain workability of the office and production areas;
• Make sure you have necessary resources to maintain supplies and the upkeep of equipment for a period of time;

3. Readiness of Recordkeeping and Legal Matters:

• Make sure you have a procedure and system for registering incomes and expenses;
• Make sure you have a procedure and system to control business inventory;
• Make sure you have a qualified bookkeeper to cope with payroll, tax, and payment records;
• Make sure you know how to handle financial statements needed;
• Make sure that legal structure of your business is clearly defined and documented;
• Make sure you have all necessary legal support for your activities (licenses, permits, etc);
• Make sure you know the state regulations for your type of business;
• Make sure you have all necessary legal protection for your intellectual property;
• Make sure you have a trusted legal expert who can support your business once required;

4. Readiness of Personnel:

• Make sure that all titles and roles in the staff are clearly determined;
• Make sure that proper personnel are recruited and ready to work;
• Make sure that all key business positions are identified and filled with appropriate persons;
• Make sure that every worker who needs to be additionally trained has been trained;
• Make sure that all personnel management policies have been established;
• Make sure you are ready to provide proper benefits package and insurance coverage;
• Make sure you have proper employee recruitment and retention policies;
• Make sure you have the performance appraisal system;

5. Readiness of Regulations and Procedures:

• Make sure you have your Organizational Chart ready and approved by all shareholders;
• Make sure you have clear procedures on the major and secondary workflow operations;
• Make sure you have a plan and measurements....

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