Making precise records will help you keep track of the performance of your business. You can’t easily identify patterns, calculate ratios or make decisions in the future without these records. You also need these records when you file tax returns, as well as to verify the information you include in your financial statements. These include income statements (profit and loss statements) and balance sheets.
The majority of states have departments of corporation or secretary of state offices that require businesses to file an official statement of ownership. Many have these documents on the internet. You can search these records using the name of the company and the websites generally provide a list of names of directors and officers and their addresses as well as additional details about the business. Some private companies or private firms make business directories. These directories may include the city of a company’s headquarters or the place where it is registered. They often also include contact information, the principal officer or officers, as well as an overview of the type of business the company is involved with.
Many cities require anyone who wants to do business in their area to register. These documents are available on the internet. Some counties keep fictitious company names indexes, where the top officers of a partnership or their addresses are listed. Some states maintain an inventory of all business names that are fictitious. The secretary of state and corporation departments have made these online.
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