Business Due Diligence

  • Online business lookup tools: There are many websites that offer free or paid business lookup services. These tools typically allow you to search by business name, address, or phone number.
  • Government websites: Many government agencies maintain databases of businesses that are licensed to operate in their jurisdiction. You can usually search these databases by business name or address.
  • Public records: Public records, such as court filings and property records, can also be a source of information about businesses.
  • Social media: Businesses often have profiles on social media platforms, such as Facebook and Twitter. These profiles can provide you with information about the business, such as its hours of operation, products or services, and customer reviews.

The specific information that you can find through a business lookup will vary depending on the source of the information. However, some common pieces of information that you may be able to find include:

  • Business name: The legal name of the business.
  • Address: The business’s physical address.
  • Phone number: The business’s phone number.
  • Business license status: Whether the business is properly licensed to operate in its jurisdiction.
  • Ownership information: The names of the business’s owners.
  • Financial information: The business’s financial statements.
  • Dissolved or bankrupt: Whether the business has been dissolved or bankrupt.

A business lookup can be a valuable tool for researching a business before you do business with it. It can help you to avoid scams and to make sure that the business is legitimate.

Here are some of the reasons why you might want to do a business lookup:

  • To verify the existence of a business.
  • To find out the business’s contact information.
  • To learn about the business’s history.
  • To check the business’s financial stability.
  • To see if the business has any legal problems.
  • To avoid doing business with a scam artist.

If you are considering doing business with a new business, I recommend that you do a business lookup first. It is a simple way to protect yourself from potential problems.