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Business Blog

Tips, Tricks, and Tools for the Business Researcher

Archive for May, 2004

Instruction Feedback

Monday, May 17th, 2004

PRCM Students —Please use the form on the next page to provide feedback about the instruction session. The form is submitted anonymously, so you may be as honest as you need to be. Please be considerate as constructive criticism will be more useful in designing future instruction sessions. If you would like an answer to a specific question or need further clarification about the topics covered in class, please email me.

Please click here to access the feedback form.

Event Planning Information

Monday, May 17th, 2004

Unfortunately, there is not a source that will give a comprehensive overview of the “Event Planning,” “Event Organizing,” “Corporate Planning,” or “Party Planning” industries. The best bet is to search for these phrases to find articles in databases such as Business Source Premier, Business & Management Practices, and Business & Industry.

Some informaton can also be found in a few reference books. Event Planning is a popular home-based business or small business. The following books have some good information:

  • 101 best home businesses
    Franklin Lakes, NJ : Career Press, c1997
    Ref. HD62.38 .R359 1997 Ref. Stacks
  • The best home businesses for the 21st century : the inside information you need to know to select a home-based business that’s right for you
    New York : Jeremy P. Tarcher/Putnam, 1999
    Ref. HD2333 .E34 1999 Ref. Stacks
  • 101 best businesses to start
    New York : Broadway Books, c2000
    Ref. HD2341 .K28 2000 Ref. Stacks
  • Small business sourcebook
    Detroit, Mich. : Gale Research Co., c1983-
    Ref. HD2346.U5 S66 Ref. Stacks

Industry Financial Ratios

Thursday, May 13th, 2004

One way to measure how well a company is performing is to compare its financial ratios with the average ratios of its industry peers. There are three print sources that do this quite well. All are listed below, and the most current editions are located at the reference desk on the fourth floor. The first two books are organized by SIC code and give some of the more commonly used financial ratios. The third books is organized by NAICS.

  1. Almanac of business and industrial financial ratios
    Englewood Cliffs, N.J. : Prentice-Hall, 2004.
    Ref. HF5681.R25 A45 Ref Desk
  2. Industry norms and key business ratios
    Murray Hill, NJ : Dun & Bradstreet Information Services, 2003.
    Ref. HF5681.R25 I533x Ref Desk
  3. RMA annual statement studies
    Philadelphia : Robert Morris Associates, 1977-
    Ref. HF5681.B2 R6 Ref Desk

Similar information can be found in Research Insight, which is a database that is available only on Alden Library computers. This database is very powerful, but it is also quite complex. A tutorial on using Research Insight is available at http://www.library.ohiou.edu/electres/databases/rsiguide.

Two other online databases can be used to compare the financial ratios of different companies. Mergent Online allows you to do an advanced search for companies with the same SIC code and then create a comparison report. There are a number of different ratios that can be used as comparison criteria when creating this user-defined report. The report that is created can be exported into a Microsoft Excel format.

Market Insight allows a user to look at comparisons of companies that are in the same peer group. To find this comparison, simply do a Company search for your company’s ticker symbol. When the company information is loaded, there should be a link on the left side of the screen for “Peer Group”. This will compare some basic finacial information of companies in the same industry. While the information won’t be as in-depth as data from the sources above, it may be a little easier to retrieve and comprehend.

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