diff --git a/app/Classes/ValueObjects/Constants/ApprovalStatus.php b/app/Classes/ValueObjects/Constants/ApprovalStatus.php
new file mode 100644
index 00000000..fcc5e568
--- /dev/null
+++ b/app/Classes/ValueObjects/Constants/ApprovalStatus.php
@@ -0,0 +1,22 @@
+<?php
+
+namespace App\Classes\ValueObjects\Constants;
+
+final class ApprovalStatus {
+
+    public const PENDING_VERIFICATION = 0;
+
+    public const ACTIVE = 1;
+
+    public const SUSPENDED = 2;
+
+    public const REJECTED = 3;
+
+    public const STATUS = [
+        0 => 'Pending Verification',
+        1 => 'Active',
+        2 => 'Suspended',
+        3 => 'Rejected'
+    ];
+
+}
diff --git a/database/migrations/2020_10_22_071102_create_companies_table.php b/database/migrations/2020_10_22_071102_create_companies_table.php
index 191be926..de5f45ab 100644
--- a/database/migrations/2020_10_22_071102_create_companies_table.php
+++ b/database/migrations/2020_10_22_071102_create_companies_table.php
@@ -1,8 +1,10 @@
 <?php
 
+use App\Classes\ValueObjects\Constants\BusinessType;
 use Illuminate\Database\Migrations\Migration;
 use Illuminate\Database\Schema\Blueprint;
 use Illuminate\Support\Facades\Schema;
+use App\Classes\ValueObjects\Constants\ApprovalStatus;
 
 class CreateCompaniesTable extends Migration
 {
@@ -18,7 +20,8 @@ class CreateCompaniesTable extends Migration
             $table->string('name');
             $table->string('reference');
             $table->integer('type');
-            $table->integer('business_type')->default(1);
+            $table->integer('business_type')->default(BusinessType::IMPORTER);
+            $table->integer('status')->default(ApprovalStatus::ACTIVE);
             $table->timestamps();
             $table->softDeletes();
         });