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Prepare to Suspend Your Business

The most important part of preparing for deployment--whether you will be suspending or sustaining your business--is to build your deployment plan. This plan must cover all of the aspects of your business that will be affected by your deployment, from your inventory to your employees to taxes. Your deployment plan should be part of your overall business plan and should be discussed with all employees and key stakeholders of the business.

Every business is unique, and it is important to consider the elements that are important for your own business, but the following topics must be covered in your plan to Suspend Your Business at the very least:

• Timeline of shut-down procedures
• Inventory
• Employees
• Legal and financial issues
• Maintaining relationships
• Security
• Plan to re-open business

To start building your deployment plan, find out how to create a timeline for suspending your business.

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