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Dolson

Checking the background of a business or company you intend establishing a relationship with or hiring is necessary to make sure the company has a good reputation, is licensed properly, and that there are no liens, judgments, bankruptcies or civil actions involving the company or its principles

Step 1 - Confirm the Company Reputation

Community Resources
Valuable information can be derived in records maintained at the local community. Every business, except the multinational corporations, has its community roots and is in conformity to local laws and ordinances. The locality in which the business was established can be the main source of information about many businesses.

Civic or business groups like the Filipino-Chinese Chamber of Commerce and Industry can be one reliable source of about the firm you are probing. This is unless they are cooperative and will provide you with information.

Published Items
Widen your research by including articles about the firm and its principles in the community and national newspapers in your work.

Step 2 – Verify the Company's Reputation
Be sure to ask for references when you will be doing business with a company or hiring a company’s service. Visit their office or call them up. Ask specific questions, converse with and you can derive good information. But the most reliable informants are their clients and former clients who can provide you the best picture of the company.

For some other references, the partners, suppliers, vendors, creditors and employees of the company can give further information.

Business Licensing
Every entity or individual who intend to do business in certain area is required to have license. So if you intend to contract its services, ask for business card. If the license number is not in the card, then verify it at the licensing office or at the Department of Trade and Industry.

Federal Employer Identification Number, FEIN
Just like each US citizen (and each person legally working in the USA) has an assigned Social Security Number (SSN), all US corporations have a Federal Government assigned number, it's called 'FEIN,' or Federal Employer Identification Number. It can be easily traced. Start at the local company level. Large corporations are a vast storehouse of public information.

Step 3 - Delve into the Background of Company and Principles

You may decide to conduct an even more in-depth investigation by checking the background activities of partners and owners. You want to know if there is any litigation against the company or the people who make the company decisions. Have they been sued and do records exist of resulting judgments and liens? An isolated instance or two may not indicate much, but a pattern of reoccurring litigation should be taken into serious consideration.

More Info: http://www.sherlockrecords.com

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REMAX LV

This is also a good idea when hiring assistants. Here in the Las Vegas real estate market I always perform a backround check when hiring someone who is not licensed!

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milly

This is such a good idea. A great resume could be hiding a very different person who could be involved in drugs, crime, or violence. The liabilities to our own companies is immense. What if one of those workplace violence incidents happens in our office or while a client is present?

The liability for negligence is so great, but I can reduce the risk for my company by running those Pre Employment Screen Background Checks which include Verification of identity, SSN, employment history, education, and address history. Checks State and county criminal records, sexual offender, terrorist watch, credit check, bankruptcy. Federal criminal records. It's not very expensive. It's like $25, and if I'm going to make a job offer, I will always get it done.

But be aware of the Fair Credit Reporting Act. Individuals can just do a background check on anyone, but employers must follow the FCRA guidelines, which mainly say two things:
a) The employer must get written permission from the job applicant before the employer buys a background check on the job applicant. I just put the permission form in with the job application and they always sign it for me.
b) If you do not hire him because of something in the background check, you must tell him what the information was and where you got it. Ok, no problem. I just give him a copy of the paragraph that describes the problem, and I tell him the name of the company that sold me the background check.