First of all i must admit I am not a BUS driver.
After a standard OEI climb out to a safe height and appropriate eng fail checklist. check if the failed engine is damaged of has simply suffered a flame out. if a flame out then I would consider restarting the failed engine and possibly shutting down the engine operating at max thrust before the approach in order to reduce thrust on approach if required. this will also provide for the option of OEI go around.. ie since u are not shutting down the live engine on short final.