What it is:
A DUNS number (DUNS stands for Data Universal Numbering System) identifies a company.
How it works/Example:
Let's say Brad Smith of Tampa, Florida, owns a business called Brad's Bagels. Brad Johnson in Portland, Oregon, also
Dun & Bradstreet assigns DUNS numbers. Companies must provide basic information such as a legal name, headquarters address, a contact name, number of employees, and any other names under which the company does business. If a company has subsidiaries, each of those entities may have a DUNS number too. A DUNS number is never deleted or reassigned.
Companies that do business with the federal government often get DUNS numbers for free.
Why it matters:
DUNS numbers are identifiers for companies large and small. More than 200 million businesses have one.