Depending on your business, you may have licenses, permits, subscriptions, and services to cancel when closing. This checklist will help you work through some of the cancelations you’ll need to take on.
What to cancel
Who to contact
|Business licenses||The federal, state, or local licensing authority that issued them|
|State, county, and local permits (including seller permits)||The state, county, or local zoning or commerce board that issued them|
|Business registrations||Each state’s Secretary of State office in which you’ve registered your business and your county clerk or city hall (if applicable)|
|Business names||Each state’s Secretary of State office in which you’ve registered your business|
|Company health insurance|
|Mobile phone service|
|Landline phone service|
|Cable and streaming services|
|Reserved parking services|
|Subscription services (which may include Amazon Prime, food delivery, or other services)|
|Payment processing services|
|Bookkeeping and professional services (which may include outsourced IT, accounting, HR, or other pro services)|
|Tech subscriptions (which may include Microsoft, QuickBooks, Zoho, Adobe, and others)|
|Web hosting services|
|Business email accounts|
|Social media accounts|
|Business bank accounts|
|Business credit cards|
This list may not cover everything. With this in mind, you can take two important steps to make sure you cancel every license, permit, subscription, or service you’ve signed up for:
- Review all of your payables over the last 24 months and find the recurring outlays of cash.
- Work with your attorney to build the list of the accounts, registrations, permits, and licenses to close that are relevant to your business.
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