SACRAMENTO, CA, September 14, 2016 /24-7PressRelease/ -- Parasec, a national entity formation and compliance company, has announced the release of its Fictitious Name File Watch service, effective immediately. Due to the fact that fictitious business name filings lapse (dates vary based on filing location), Parasec felt there was a need to monitor renewal deadlines, and manage the process for entities such as corporations, LLCs, and sole proprietorships.
"It has always been our goal to offer services that make compliance management less daunting, because when you're talking about running a business, there is already a lot going on and the stakes are high. Not keeping your company in good standing can have severe repercussions," said Matthew Marzucco, President of Parasec.
Forgetting to renew a fictitious business name could result in the loss of that name, forcing the company to rename their entity and subsequently repurchase marketing materials and reestablish their brand identity - tasks Marzucco points out are not easy and could end up costing thousands.
"It's unfortunate when we see a business having to replace their logo, website, permits, licenses, and so much more all because of a missed deadline. And there are no shortage of deadlines or compliance requirements when you own a business, so it happens more often than you might think. That's what we want to help people avoid," said Marzucco.
Since 1977, Parasec has been dedicated to helping paralegals, attorneys, and small business owners file documents with government agencies and secretary of state offices in all 50 states. Throughout the years, Parasec has expanded their offerings to include, Paracorp, a registered agent for service of process provider. Parasec's services include formations, mergers, acquisitions, dissolutions, business licensing services, uniform commercial code services, managed annual report services, and other compliance maintenance offerings. Parasec has offices in California, Delaware, and Nevada. For more information, visit: http://www.parasec.com.
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