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Duns Number Research Paper

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A data universal numbering system (DUNS) number is a nine-digit number, which uniquely identifies a business. This number created by Dun & Bradstreet (D&B), is used to create a business profile in its database that provides the name of a company, phone number, address, number of workers and line of work along with other relevant information about the company.

A DUNS number identifies over 250 million businesses globally including major [corporations], small business owners, non-profit organizations and [partnerships].

A data universal numbering system number allows a business to search for information about other companies. This can help a business find potential customers, vendors or partners.

The federal government uses DUNS numbers to track federal money disbursements. It is the most widely used number for identifying companies in the U.S. It is necessary to bid on local, state or government contracts, apply for federal grants, to do business with retailers and in some foreign countries such as Australia and the …show more content…
An authorizing representative of a company must request a data universal numbering system number. It may take up to 30 days to receive a number. However, the process can be expedited, and the number can be received within five business days at no cost if applying for a federal government contract or for a fee for non-government purposes. It can be obtained within two business days when applying online.

A data universal numbering system number is location specific and is required for each physical location of a company and for self-employed individuals who engage in a specific trade such as contractor, doctor or lawyer. The number remains with the company location it has been assigned regardless of the fact that it goes out of business or

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