There are a few ways to find information on a business that no longer exists.
Research Methods
- Contact the State Secretary where the business registered.
- Check the Better Business Bureau website for reviews.
- To find how long a business existed, check state records.
Records and Costs
- When a registered company dissolves, records stay at Companies House for 20 years before being destroyed or sent to The National Archives.
- LLC costs and compliance requirements vary by state.
Acquiring Assets from Closed Businesses
- Attending auctions of closing businesses to buy products and equipment.
- Closeout stores purchase goods discounted from manufacturers and resell them.
County Office and Online Resources
- Contact county offices to find information on old, closed businesses.
- The National Association of Counties website can help locate county offices.
- Check online archives or investor websites, such as fundinguniverse.com, for company histories.
Visibility for Small Firms and Major Chain Failures
- Smaller firms often rely on online directories and social media for promotion.
- Major chains like Borders Books have failed despite widespread recognition. Business survival strategies can be challenging.