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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.
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.
276 Great Rd. (2A) Acton, MA 01720 -(978)-263-0575

________________________

________________________

________________________

________________________


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

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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 ________________________ ________________________ ________________________ ________________________ 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