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The meticulousness of your records will help you keep track of the health of your company. It is difficult to identify patterns, calculate ratios, or make decisions in the future without these records. Also, you need these records when you file tax returns and also to support the data you provide in your financial statements. These include income (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 on the internet in the majority of instances. You can search these documents using the name of the company, and the websites often provide a list with the names of directors and officers, their addresses, and additional details about the business. Some private companies or private firms compile directories of businesses. The directories may contain the city of a company’s headquarters or where it is registered. They may also include contact information, the principal officer or officers, as well as a brief description of the type of business the company is involved in.
A lot of cities require that any person or business that is operating an activity within the city register, and many cities have made these documents online. Some counties also maintain fictional business name indexes where the most important partners or officers of a partnership can be listed along with their addresses. Certain states have a master list of all business names that are fictitious and some counties, as well as the secretary of the state or corporation departments have put these online.