Today we are going to talk about company searches, and using them to find your customer. As most of you probably know, ASIC regulate all Pty Ltd companies in Australia, and given many of your customers may be companies, doing a company search is a great way to identify the directors of the company, the shareholders, the registered office address, when the company commenced trading etc. ASIC charge $9.00 for an online search, and all you need is your credit card. To do so, go towww.asic.gov.au and on the far right side you will see “Search our registers”. You then click on “Companies and Organisations”, then on the next page in the “Search ASIC registers” click on the dropdown box and select “Organisations and Business Names”. In the space where it says “For” enter your customer’s company name and hit “Go”. It doesn’t matter if you do not know the full company name, as it will give you a list of potential matches on the next page. Click on the name of your customer and it will give you a brief snapshot of the company status. Registered is good, External administration or de registered is bad. To buy the company search, scroll down to “Company extract” and click the checkbox next to Current Company Information. Scroll all the way to the bottom, click Add to Cart, hit Ok and then hit Checkout, then Pay Now. It will ask you for your email address which is where the search will be sent, and then your credit card details. Given this is an Australian Government website who use state of the art security, you do not need to worry about inputting your card details. It is extremely secure. Then wait a minute or so and the company search will be emailed to you as a PDF. Remember, this $9.00 cost is GST exempt but can be claimed as a business expense. There you have it guys- for only $9.00, you can have a detailed report on your customer’s company, and knowing the director’s name and personal address will allow you to ask for them by name, post them a Letter of Demand to their home address, see all the documents lodged with ASIC since their inception, along with many other helpful details. In my next post, I will show you how leaving a message for the director at their Registered Office (often their accountants) can be extremely valuable and something I always recommend you do if you are not being paid.