The work after the opening page.

A formation conversation should also make room for the continuing life of the business. Ask the provider which ongoing services they offer and which obligations need review by the appropriate adviser.

Build an administration map.

Responsibilities

Who handles each activity, who provides information and who reviews the result? A clear division prevents assumed ownership.

Records

Ask which records need to be maintained for the actual business and how the relevant providers exchange information.

Changes

Discuss how changes in the people, activity or business arrangements are reported and assessed.

Questions for the service proposal.

Included services: Which ongoing services are part of the engagement and which are separate?
Timing: How are applicable dates and actions identified, communicated and tracked for your situation?
Costs: What recurring and additional charges should you understand? Ask what can change them.
Continuity: Who is the contact for a question, a change or a handover to another provider?

Your administration discussion note.

Record the support you think you may need, then ask the provider to confirm the actual scope.

Return to the whole process.

Formation and ongoing work belong in one clear plan.

Review the process