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Custombabyshoegirl's Baby Shoe Box
1. 276 Great Rd. (2A) Acton, MA 01720 -(978)-263-0575
Transition day punch list - New management
Provide at least $100 in till for making change at the start of the day-otherwise
customers may be restricted to "correct change" or "checks" purchases.
Usually 50 one's, 10 fives, at least a roll of pennies and quarters, and two rolls
of nickels and dimes.
Call the phone company to convert the billing and phone number to the new
ownership - otherwise the line will be closed.
Call the credit card company to set up account to the new ownership - until
then only cash or checks can be accepted.
Call the insurance companies to make sure all appropriate insurance policies
are in effect effective the transition date.
Make sure the store has at least two employees each day to handle the sales
and incoming consignment items - otherwise no incoming consignment can
be accepted for processing.
Make sure daily opening, closing, sales reconciliation, employee time records,
and deposit procedures are in place.
Be sure any construction workers or tradesmen provide safety barriers to
prevent injury if there will be concurrent construction and/or renovations
during business hours. The store owner usually provides "caution" signs.
Make arrangements for new keys and/or locks for the store.
2. 276 Great Rd. (2A) Acton, MA 01720 -(978)-263-0575
Transition day punch list - Previous Management
Remove cash, checks, and credit card slips, to make final deposit.
Remove Jan 1 through Mar 31st sales slips.
Make copies of all current contracts and other appropriate records.
Prepare interim payment checks to consignors with current contracts for
consignment credit up through the transition date.
Prepare a package for the bookkeeper to track income, taxes and expenses
for the period from Jan 1,2003 to the transition date. Tom needs to prepare
Jan's1099, quarterly income tax (1/1 through 3/31), and sales tax owed.
Cancel phone, credit card account, insurance policies by phone - follow up
with FAX or letter as appropriate, including account #'s
Solicit final reconciliation with land lord for all fees owed up through transition
date. (H. Mezer to assist)
Make sure Town of Acton is aware of D.B.A. change. with phone call - follow
up with FAX or letter as appropriate. Arrange for any rebates as appropriate.
Make sure all appropriate creditors, D&B, and suppliers are notified of
ownership change. - follow up with letter or FAX as appropriate.
Make sure post office has change of address cards.
Surrender keys and other records as appropriate.
Remove any remaining personal property.
3. 276 Great Rd. (2A) Acton, MA 01720 -(978)-263-0575
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Re: Change of Ownership, Kids 'N' Caboodle
Dear Sirs:
Please be aware that as of April 1, 2003, Kids 'N' Caboodle has changed
ownership.
Please cancel the following:
____________________________________________________________
Effective close of business March 31, 2003.
Please send any rebates, acknowledgements, and final bills to Sandra Rich at
home::
Sandra Rich
7 Gristmill Rd.
Acton MA, 01720
Phone 978-264-4949
FAX 978-264-0133
Thank you,
Sandra Rich,
Prior Owner, Kids 'N' Caboodle