Finding Closed Businesses with Targetron
Table of Contents
Introduction to Closed Businesses in the US
Finding closed businesses or getting information on businesses that no longer exist in the United States is challenging. Accessing closed business information involves navigating various sources, databases, and directories. Business closures are an inevitable occurrence in the ever-evolving business landscape.
There are possible strategies and notable sources for finding information about closed businesses in the US. One is to contact the state where the business is registered, inquire with the Better Business Bureau, locate records through the Library of Congress, the SEC database, offline websites on the Wayback Machine, and many other notable resources for closed businesses.
All of these strategies involve a lot of effort, time, and energy, but Targetron’s robust tool for businesses seeking accurate, up-to-date information on local leads, including both active and closed businesses, will save you a lot of time and energy. Targetron offers a comprehensive database, detailed business profiles, accurate and timely information, customizable search filters, and strategic insights into finding closed businesses in the United States.
Temporary and Permanently Closed Local Businesses
There are two different types of closed local businesses: temporary and permanent. Temporary closed businesses are closed for a short time, like for renovations or holidays. You can usually find out if a local business is temporarily closed by contacting them or looking on their website or social media. Permanent closed local businesses are closed forever.
Many individuals are interested in acquiring businesses that have closed down. Many businesses are waiting to be sold due to the closure. Sometimes, it can be due to death, job quitting, or retirement. Over the next 20 years, it is estimated that tens of thousands of older businesses in the US will close or be taken over. This presents a significant commercial opportunity for those interested in taking over these businesses. For those interested in small and mid-size local businesses, it is important to track these closed businesses.
Some people choose to leverage the benefits of the digital world to modernize and transform traditional businesses. This can bring the business to an entirely new level. These entrepreneurs are looking for businesses that are closing down to buy.
Furthermore, some people are interested in acquiring goods and products from closed businesses. This can be a profitable venture for these individuals, as they can acquire the products at a reduced cost and resell them for a profit. It is interesting to identify businesses that are closing for many different reasons. But the main thing is to find these businesses.
Insights into US Business Statistics
The United States is often called the land of opportunity when it comes to business ownership, with data from the World Bank suggesting that 91.6 out of 100 entrepreneurs prefer the US to start a new business. With this data, it is interesting to note that for every business that closes, there’s an aspiring entrepreneur ready to take its place.
Here’s some Significant Statistics on US Businesses
- In 2022, the US Chamber of Commerce reported approximately 33.2 million small businesses nationwide. The US economy has seen a recovery, and new businesses have begun to take shape after the COVID-19 pandemic that saw several businesses closing down.
- The Commerce Institute, citing data from the US Census Bureau, reported that 5,044,748 new businesses were formed in 2022.
- From 2019 to 2022, roughly 4.5 million businesses were started annually in the US. In 2023, an average of around 429K businesses opened every month.
- The US Chamber of Commerce reports that around 595K businesses close yearly.
- Wall Street Journal’s data shows that 200,000 US establishments went into closure during the pandemic.
- The Chamber of Commerce also sheds light on the number of businesses struggling during their first year of operations. They note that nearly 20% of the new businesses close within their first year, and just 34.5% find staying power and can survive ten years.
- The Small Business Administration reported that 70% of businesses will survive their second year, and only 50% will still be operational in their fifth year.
How to Find Closed Local Businesses?
Unfortunately, there is no official platform that lists closed businesses. Although there may be a few small local resources, but there is no resource that can track temporary and permanently closed businesses around the world and country. Except for one source. It is Google Maps.
Google Maps is currently the most reputable source for tracking the operational or closed status of local businesses. It maintains this information in a timely manner through the contributors, the feed of local data providers, and the registration processes of business owners.
Using Google Maps can be an effective way to locate closed businesses, but it can be time-consuming and tedious to search for them one by one, particularly if you are looking for businesses in various categories and locations. This process can be tiring, as it requires a lot of effort to manually search for each individual business. It may be more efficient to use other resources or tools to help you locate closed businesses more easily. This is where Targetron comes in and offers a very easy solution.
Common Inquiries on Google About Closed Businesses
The world’s largest search engine, Google is the go-to-source among people looking for information about closed businesses in the United States. Listed below are some of the most common inquiries about closed businesses in Google.
- Does Google remove permanently closed businesses? According to the official statement from the company’s support team, if you no longer want to manage a business, you can remove the profile’s content and managers. You will be given the option to mark the business as permanently closed. Still, the business may continue to show up on Google.
- How long does a permanently closed business stay on Google? It is importante to note that you should mark your business as permanently closed rather than deleting it. Marking your listing permanently closed instead of deleting it is more beneficial because if you want to reopen your business, you will have the opportunity to still have all your data already there from your listing. Deleting your business listing will take up to 60 days or more to get it fully removed from Google.
- How do I open a Closed Google Business Account? You need to sign in to Business Profile Manager. Select the list of locations that you want to mark as Open. When you reopen your business, your profile will no longer be temporarily or permanently closed on Google Maps and Search. If your business was marked permanently closed as part of a location or name change, don’t reopen it. Instead, add a new business.
How to Do It With Targetron?
Targetron easily lists local businesses in all countries by setting a few parameters. It is enough to choose a category and location. It also provides advanced filtering service to perform a niche task such as finding closed business.
With the “Business Status” filter in advanced parameters, it is possible to filter businesses according to their operational status. Operational, temporarily closed and permanently closed companies can be listed.
You can instantly see the status of a business in the search results. In addition, Targetron also shows historical data for business status. A preview of this information can be seen on the information point next to the business name. You can find all detailed information about closed businesses in the exported file.
If you’re looking for closed businesses, too, use Targetron services now. Our service allows you to easily search for businesses and see if they are still open or closed. With Targetron’s user-friendly interface, you can export all closed company lists quickly. You will get the most up-to-date information available. Give Targetron a try today and see how it can help you find the closed business you’re looking for.
FAQ
Most frequent questions and answers
It is possible to find businesses that are temporarily or permanently closed with Targetron. These businesses can be searched in the desired category and location.
When you search the mentioned business in the Targetron database, you can see whether that business is active or closed. Targetron provides you with this information obtained from various sources.
Operational and closed businesses can be found at Targetron. Targetron hosts the database of local companies in the countries of the world. Closed businesses, ie old businesses, in the UK can be found from this database.