How to Check How Long a Quick Sale Company Has Been in Business

how to check how long a business has been operating

Are you considering a quick sale company & want to find out how long they have been in business?

Here's how to verify their longevity and ensure they're trustworthy.

Step 1) Research the Company’s History

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Start by gathering information on the company’s background and history.

What to Do:

  1. Visit the Company’s Website:

    • Look for an “About Us” or “Our History” page.
    • This page typically details when the company was founded, its mission, and significant milestones.
  2. Check Their Social Media Profiles:

    • Use LinkedIn for detailed information about the company’s foundation and achievements.
    • LinkedIn often includes posts about anniversaries, major achievements, and other historical milestones.
  3. Look for News Articles or Press Releases:

This initial research helps you understand the company’s longevity and presence in the market, providing an indication of its stability and reliability.

Step 2) Verify Business Registration Details

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Confirm the company’s registration details to ensure accurate information.

What to Do:

  1. Check Companies House:
    • Visit the Companies House Website:
    • Review Incorporation Date and Registered Address:
      • Look for the company’s incorporation date to see how long they have been in business.
      • Verify the registered address to ensure it matches the details provided by the company.
  2. Review the Company’s Filing History:
    • Check for Consistent Filings and Updates:
      • Ensure that the company has a history of regular filings and updates. This can indicate active business operations and compliance with legal requirements.

Verifying business registration details ensures the company is legally established and operates transparently. This step helps confirm the company's legitimacy and provides reassurance that it adheres to regulatory standards.

Step 3) Check Information from Multiple Sources

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Cross-check the company’s history and performance.

What to Do:

  1. Compare Information from Different Sources:

    • Company’s Website:
      • Review the company’s history, milestones, and achievements on their website.
    • Companies House:
      • Confirm the incorporation date, filing history, and registration details.
    • Customer Reviews:
  2. Look for Consistent Messaging:

    • Verify that the information presented is consistent across all platforms. Discrepancies can be a red flag.
    • Ensure that the messaging about the company's history, values, and services aligns with what is found on official records and third-party reviews.

Related: What to look out for when reading online reviews for quick sale companies

Cross-checking information from multiple sources helps validate the company's claims, ensuring you make an informed decision based on accurate data.

Final Thoughts and Key Takeaways

Engaging with a well-established quick sale company can significantly enhance your confidence in the transaction process. Companies with a long history and a consistent track record are more likely to provide a smooth and transparent experience. Taking the time to verify the company's background can save you from potential pitfalls and ensure a successful property sale.

Key Takeaways:

  • Research the Company’s History:

    • Visit the company's website and social media profiles to gather information on their background and significant milestones.
    • Look for news articles or press releases that provide additional context about the company's history.
  • Verify Business Registration Details:

    • Use Companies House to check the company’s incorporation date, registered address, and filing history.
    • Ensure the company has consistent filings and updates, indicating active business operations and compliance with legal requirements.
  • Confirm Longevity Through Multiple Sources:

    • Cross-check the company’s history on their website, Companies House, and customer reviews.
    • Look for consistent messaging across all platforms to validate the company’s claims.
  • Bonus Step: Read Online Reviews to Gauge Reputation:

    • Visit review platforms like Trustpilot, Google Reviews, and Yelp to read a mix of positive and negative reviews.
    • Pay attention to recurring themes in the feedback and how the company responds to negative reviews.

Follow these steps diligently to ensure you choose a reputable quick sale company with a solid business history. This approach will help you make a well-informed decision and ensure a smooth and satisfactory sale process.

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