The Business Exit Playbook: How to Close Bank Accounts & Credit Lines the Right Way

Ready to make a clean break from your business?

The Business Exit Playbook is a comprehensive guide designed to help you navigate the process of shutting down the financial side of your company. This guide is a complete roadmap that walks you through every crucial step, from reconciling records to closing bank accounts and merchant services. Avoid the risk of loose ends that can lead to fraud, fees, or tax issues, and ensure a responsible and efficient financial exit. Whether you're a solo entrepreneur, a business owner rebranding, or an LLC winding down, this playbook provides the essential steps to protect your financial well-being.

Inside, you'll find:

• An introduction explaining why this playbook matters
• A guide on when to start the closure process
• Key considerations before you begin
• A 13-step process, including settling outstanding transactions, closing bank accounts, canceling credit cards, offboarding from merchant services, and handling employee payroll
• Tips on how to protect and archive financial data
• A final wrap-up on how to document the closure
• A list of common mistakes to avoid
• A sample timeline to follow
• Frequently asked questions and answers
• Guidance on when to seek professional help

Product Purpose: This playbook is for anyone who needs to responsibly and efficiently close all financial channels tied to their business, from bank accounts and credit cards to digital wallets and merchant services. It helps you avoid common pitfalls like fraud, fees, or tax issues that can arise from leaving loose ends.

Who It’s For: This guide is for a wide range of business owners, including:

• Solo entrepreneurs dissolving their business
• LLCs and S Corps winding down
• Business owners switching to a new EIN or entity
• Anyone preparing to retire or rebrand their company
• Tax professionals assisting clients with full business closures

Product Format: 

Digital Download (PDF & DOCX) - No physical product will be shipped

License & Terms:

This digital product is for personal or internal business use only. It may not be resold, shared, or redistributed in any format. 

All rights reserved by The Curative Resource Co.