7 Things Your Startup Needs to Do before the Year Ends
2. Close an Inactive Business
If you have an inactive business, you should formally close it by filing an "Articles of Dissolution" or "Certificate of Termination" document. Until you actually file this paperwork with the state, you’ll still be on the hook for an annual report, fees, tax returns, etc. For this reason, you should definitely take the time to close your business within 2012, so you’ll be free from any financial or administrative responsibilities next year.
1. Touch Base with Your Best Customers
Your business would be nowhere if it weren’t for your customers or clients. In the midst of preparing your year-end tax reporting and evaluating your business’ cash flow, take out time to personally contact your best clients or customers. The end of the year is an ideal time to show your customers how much you appreciate their business, as well as find new ways you can serve them even better next year.
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