Bookkeeping for Multiple Entities in Draper, UT

Draper sits at the Point of the Mountain, at the south end of Salt Lake Valley and the north end of Utah Valley. The city counts more than 1,000 businesses operating there and places itself in the Silicon Slopes tech corridor. Its 2025 water conservation plan describes a city running from the Salt Lake County valley floor over Traverse Mountain into northern Utah County.

Ivory Balance Books serves Draper businesses remotely from South Jordan. Melanie Mathews works with owners who have outgrown basic bookkeeping, and two of Draper's licensing rules speak directly to that kind of business.

Draper allows one commercial business license to cover more than one state-registered entity at the same address under the same owner or operator. The city's conditions: every employee across the entities is counted on that one license, public signage and directory listings carry only the licensed entity's name, and the business description covers the activities of every entity.

The license is shared. The books are not: each entity still needs its own ledger, its own bank reconciliation and its own year-end package for the CPA. The license fee sits in one entity's books, and any shared costs need a clear record of how they are split.

Draper's commercial, home occupation, solicitor and alcohol licenses are valid for up to one year. Renewals run through the city's Online Services Portal using the registration code in the courtesy reminder, and the city asks for one week of processing time. Late renewals carry a penalty worked out as a percentage of the original amount due, set by how late the renewal is made (Business Licenses).

A license also stays at its address. Moving within Draper means closing the existing record and applying again for the new location.