To keep your small business in good standing, you typically need to be up-to-date on fees, file annual or biennial reports with the Secretary of State, keep your business records up to date by filing Articles of Amendment after major events and pay any other necessary business fees or franchise taxes to state regulators every year. However, that doesn't always happen. Things can sometimes slip through the cracks, and if your business fails to complete these tasks, it can lose its good standing. Then, your state can file to dissolve your business and completely revoke its LLC status. It's not an ideal situation, but your business isn't gone forever if this happens. Filing a reinstatement order helps restore your business back to good standing.