Does your company have a Certificate of Good Standing?
If not, you should think about requesting one from the state government where you are registered. A Certificate of Good Standing certifies that you are legally authorized to do business in the state, have met the legal requirements, and have paid all necessary fees.
Though you may not need a Certificate of Good Standing right now, it is likely that you will need one later as your company grows. Some entities that often ask to see a Certificate of Good Standing include lenders and banks, state governments where you are looking to expand, and potential investors and partners.
If you have any more questions about the benefits of obtaining a Certificate of Good Standing, feel free to ask us. SmartBooks is happy to provide any financial records or reports that you’ll need when requesting your certificate. Let us know how we can help!