Maintain accurate records to assess the health of your business. It is difficult to identify patterns, calculate ratios, or make future decisions without these records. These records are also needed to support your financial statements and when filing tax returns. These include income statements (profit and loss statements) and balance sheets.
Most states have corporate department or secretaries of state offices who require companies to submit an official statement of ownership. These documents are available online in most cases. You can search for these records by name of the company, and often the websites will have the list of officers or directors, their addresses and other information about the business. Some private companies or firms have directories of businesses. They may include the headquarters city or the city where a business is registered. Typically, directories include contact details and the chief officer or company’s officers and a short description about the type of business with which the company is involved.
Many cities require anyone who wants to do business within their city to be registered. These documents are available online. Some counties maintain fictitious names of companies, in which the top officers of a partnership or their addresses are listed. Some states keep an inventory of all fictitious businesses names. States, the secretary of state and corporation departments have made these available online.
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