Category Archives: Business Information

M&A Portal – free information from BvD

Bureau van Dijk’s M&A portal  (http://www.mandaportal.com/) is a gateway to news, events, research and analysis on mergers and acquisitions. The information on the portal home page is free of charge and there is a free search option for tracking down deals and rumours contained in BvD’s Zephyr database. The deals can be sorted by value, date or status.

M&A Portal search results

Basic information is free of charge but you can purchase the full details from the Zephyr database. The cost of the reports varies depending on the amount and type of information available.

The portal also has M&A news feeds for 36 industry sectors. Registered users – registration is free – can select the sectors that interest them most and create a tailored news tab.

Free UK company information

One of the most frequently asked questions that land in my inbox is “Where can I find information on [insert company name of your choice]”. The enquiry is often about a UK company and comes from ordinary Joe or Josephine Bloggs who knows nothing about sources of business information. Those of you who, like me, have these resources at our fingertips may roll your eyes heavenwards but let’s heave a huge sigh of relief that these people are bothering to ask about checking up on a company. On further investigation, many of my correspondents admit that they have been approached over the phone regarding a “once only opportunity” involving the company concerned and are suspicious of the offer. Unfortunately, I also receive emails from people wanting to find out about a company after they have parted with their money.

The first port of call for official information on UK companies is Companies House (http://www.companieshouse.gov.uk/). Not every form of company or organisation is required to register at Companies House: for example, in the UK I am a sole trader and therefore do not have to register or file accounts. I have noticed an increasing number of comments on the web and social media from small businesses who have decided to de-register because of  the bureaucracy. The absence of a registration at Companies House is not necessarily cause for concern but then most of us do not cold call people with an “exclusive investment opportunity”! An easy way to check if there is a problem with a company of any sort is to search for them on Google and include scam or hoax in your search. That may seem obvious but so many victims who contact me never considered that strategy.

So if you have been approached by the likes of Trotters Independent Traders ltd. plc go to Companies House and use the free Web Check option which is in the centre panel on the home page.

Companies House

You can search for currently or recently dissolved names, dissolved names, previous names or proposed names. Free information includes name, registered number and address, status (for example active, liquidation), nature of business, date of last accounts. Further information and documents such as accounts and certificate of incorporation are priced at GBP 1 each.

Several other services re-package and sell information from Companies House and in some cases provide some of the additional priced Companies House information free of charge.

Company Check (http://www.companycheck.co.uk/) are part of  UK Data (http://ukdata.com/), which re-sells Companies House documents and provides credit reports. The latter include current and historical credit risk information, director details, ownership and group structure, CCJ information and up to five years of accounting figures including turnover and a profit and loss account if filed. All documents cost GBP 18, which is far more than that charged by Companies House but the credit report may be the better option if you need a detailed report and assessment of the company.

The Company Check free information includes name, registered address and number, telephone number, activity, status, thumbnail of the web site and cash at bank for the last five years. There is also a graph showing the number of website visitors from Compete (http://www.compete.com/), but this information may not be available for smaller companies.

Company Check

Another source of free company information is the SME Hub Company Accounts Information (http://www.thesmehub.com/benefit/accounts). This is available to SME members only but registration is free. The company address is not displayed but there is a link that takes you to Companies House where you have to re-enter the company name to access the data. There is also a link to Credit Safe for credit reports (http://www.creditsafe.com/).

SME Hub Company Accounts

There is a very useful graph showing trends for the company in net worth, cash and total liabilities. The most recent accounts plus a downloadable PDF are also free of charge.

I had problems with the SME Hub when looking at companies that had recently gone into liquidation. Company Check gives its standard information plus the status as “Liquidation” but the SME Hub leaves you guessing by presenting you with an empty template.

Company Check and the SME Hub are quick and easy ways to access the free and some of the priced Companies House information. Company Check offers the Companies House free registration data and five years of cash at bank: the SME Hub provides a trends graph of net worth, cash and liabilities plus latest accounts but no basic contact or status information. Both can alert you to potential problems with a company but, ultimately, Companies House is the place to go for the original data.

Five tips on going freelance

Earlier this year I was asked by a magazine for five tips for people considering setting up business and becoming self-employed. As is so often the case the deadline was along the lines of “the next half hour”. What I came up with was off the top of my head. (I don’t know if they were ever used in the final article as I do not subscribe to the publication). I’ve recently had a few people ask me about going freelance so I thought I’d reproduce the tips here. I might have changed a couple of them if I’d had more time to think about it but I’ve left the five as I originally wrote them.

  1. It’s feast or famine. Clients don’t spread their custom neatly throughout the year. They are like buses: you wait for one for ages and then half a dozen come at once! There will be “quiet” periods when you will not be earning (for me they are August, end of December and beginning of January) and times when you have to be here, there and everywhere. Make sure you have a cash buffer or reserves to cover the quiet times so that you can continue to pay the bills.
  2. You can say no. It is tempting to say yes to everything especially as you never really know when the next job or project will be, but be realistic. Can you really travel from Reading to Cardiff to Edinburgh to Huddersfield to Canterbury and then on to Aberystwyth in one week? And if something is outside your main area of expertise think twice about taking it on. It is good to stretch yourself and expand your knowledge and the services that you can offer, but if it is going to be a one-off and take you a week or two to get up to speed – DON’T DO IT!
  3. Be realistic in your estimates of billable work and time and fix your fees accordingly. If you are lucky, you will be working for six months of the year. The rest of the time will be taken up by the “quiet” periods ( see 1 above), travelling, marketing, social media, preparing proposals, keeping yourself up to date, admin, invoicing, chasing payments… you get the idea. Holidays? No holiday pay. Not feeling too good? No sick pay.
  4. Use social media to the full. Get yourself on Twitter, Facebook, LinkedIn, Slideshare, Flickr etc. Write a blog. It all takes time to set up and establish a presence but it really is worth it. Google, Bing and Yahoo all include social media in their search results so it makes sense to exploit every opportunity to reach as many people as possible. As well as a marketing tool it is a great way to keep in contact with other self employed people, share experiences and – sometimes – clients.
  5. Don’t be afraid to admit it is not for you. Being self employed does not suit everyone. It can be difficult keeping yourself motivated if you are working on your own and some find it difficult to cope with the uncertain cash flow. If it becomes too stressful, walk away. At least you will have a better idea of what is involved in running a business and, hopefully, appreciate freelancers a little more.

StatsWales: free statistics on Wales

When looking for UK official statistics many of us immediately think of http://www.statistics.gov.uk/. If you are looking for data on Wales, though, you really should be heading for the Welsh Assembly’s StatsWales at http://statswales.wales.gov.uk/. This is a free-to-use service that allows you to “view, manipulate, create and download tables from the most detailed official data on Wales”. You can run a keyword search on the data or simply browse the Reports folders.

StatsWales folders

The built in search option may be your best bet (Note: Google ‘site:’ search does not work on this data collection). Most of the tables, charts and reports are clearly labelled but there are some sections where all you are told is that the data is “Indicator 9a” or “Indicator 12c”, for example.  It is only when you click on the file that you discover it’s contents.

StatsWales Folders

You can also select subsets of the data and produce your own tables and charts. If you register you can create your own profile, design and save your reports.

StatsWales Charts

There are many options for viewing and manipulating the data on the web site itself and it can seem overwhelming at times. You may prefer to just download the data sets and work on them offline, but if you think you might be a regular user of the this site it is worth working through the tutorials and getting to grips with the StatsWales tools. You can register for e-mail notifications of changes to specific datasets and RSS feeds are also available to alert you to new sets that have been added to the site.

Top Business Search Tips – 27th October 2010

October 27th saw me back in Wales running another business information workshop. This built on the session I ran in July (see Top Business Search Tips at http://www.rba.co.uk/wordpress/2010/08/10/top-business-search-tips/). We looked at more advanced search techniques for business research with an emphasis on industry/market sectors and covering both official data, market research and what can be gleaned from social media. As usual I asked them to come up with a group Top 10 Tips at the end of the day. There were two tips that were common to both sessions: my own business sources listings (well, they were influenced slightly in that some of my pages were mentioned during the session) and StatsWales, which is the place to go for statistics if you are doing business in Wales. They were also at liberty to suggest sites and tips that I did not mention in the workshop but which they, their users and clients find useful.

1. British Library’s Business Essentials on the Web http://bl-business-essentials.wikispaces.com/

“Our wiki is a one-stop shop listings site of essential websites for small businesses and entrepreneurs. The aim of the site is to save you time trawling the web, by bringing together useful sites for small businesses in one place.”

Recommended for the Industries section that gives useful sites and starting points for SMEs and start-ups who may be researching industry sectors.

2. Business Information on the Internet (http://www.rba.co.uk/sources/) Business resources organised by type for example statistics, market research, company registers.

3. Slidefinder http://www.slidefinder.net/
Google’s filetype ppt search looks for your terms anywhere in a presentation. Slidefinder’s default search finds single slides that contain all of your terms. Two of the participants gave this one a thorough road test and were seriously impressed!

4. Repeat one or more of your search terms once, twice, thrice… to change what appears in your results page. Useful if you are fed up with the same old pages coming up again and again. You can enter up to 32 search terms in Google before Google starts dropping terms.

5. Filetype search. Use the Advanced Search file format or the filetype: command to focus your search on PDF (market/industry reports, government documents), XLS (for data and statistics in spreadsheets), PPT (expert presentations, conference talks or overviews on a topic from independent experts, academics, government bodies). If your file extension is not listed in the advanced search screen menu enter your search terms in the standard search box followed by command filetype: and the file extension. For example

wind turbines energy generation UK filetype:pptx

Use Docjax (http://www.docjax.com/) as a quick way of searching both Yahoo and Google for PDF, XLS, DOC and PPT files.

6. StatsWales http://statswales.wales.gov.uk/ The place to go for official statistics on Wales. “StatsWales is a free-to-use service that allows visitors to view, manipulate, create and download tables from the most detailed official data on Wales.” Email alerts and RSS feeds are available.

7. Getting British Business Online ( http://www.gbbo.co.uk/)  A collaboration between Enterprise UK, Google, BT, and e-skills UK with the support of the Department for Business, Innovation and Skills. This site provides a simple and quick way to for small business to create their first website. Recommended by several of the workshop participants in conjunction with…

8. Business IT Guides (http://wales.businessitguide.com/) E-business support from the Welsh Assembly.

9. Realise the importance of social networks. Yes, it is biased and it can be difficult or impossible to find out who is behind the rant and the extreme negative comments but a lot of people read and forward these to their followers or friends. What started out as an isolated complaint can snowball to a major hate campaign. Companies ignore social media at their peril. Get in there quick if a customer is making a lot of noise about a bad experience and turn it to your advantage.

10. Time! The internet, search engines, business resources and social media are ever changing.  Try and find time to keep up to date and try out new “stuff”.

Scottish Business Information Service (SCOTBIS)

The  Scottish Business Information Service ( http://www.scotbis.com/) is a national information service for Scottish businesses based on the resources  held at the National Library of Scotland. SCOTBIS provides users with a free enquiry service and also offers fee-based research and other charged services. Further information of their services is available on their web site and details of their charges are at http://www.scotbis.com/index.cfm?section_id=01.05. The Web Resources section lists useful sites and key starting points for business including market research, statistics, company information and starting a business. Some of the information  concentrates on Scottish markets and companies but most of the information is of value and interest to businesses based elsewhere.

As well as browsing through the list of resources you can search the site using keywords and limit your search to title, industry or country/region. There is also an option to restrict your search to specific databases, for example companies, market research reports.

The What’s New section lists the latest resources added to the listings and databases. Although there are RSS feed icons on some of the What’s New pages they do not seem to be working at the moment. Apart from this glitch SCOTBIS is an excellent starting point for anyone wishing to search for and purchase business information and for reliable, good quality business resources.

Adding value – the business of independent information professionals

The October/November issue of the Bulletin of the American Society for Information Science and Technology (http://www.asist.org/bulletin.html) has a special section of articles contributed by AIIP members, including myself. The articles address the topic of bringing value to client projects in a range of areas. I collaborated with Scott Brown on Social Media: Essential for Research, Marketing and Branding (http://www.asist.org/Bulletin/Oct-10/OctNov10_Blakeman_Brown.html). A PDF of the whole edition is available at http://www.asist.org/Bulletin/Oct-10/Bulletin_OctNov10_Final.pdf

The individual articles are:

Adding Value: The Business of Independent Information Professionals
by Crystal Sharp, Guest Editor Full Text:  HTML | PDF (Size: 74k)

Looking Back, Looking Forward
by Susanne Bjorner Full Text:  HTML | PDF (Size: 93k)

PART I – Research: Much More Than Search and Retrieval
by Crystal Sharp, Guest Editor Full Text:  HTML | PDF (Size:60k)

The Unexpected Value of Research in Biomedical Business
by Liga Greenfield and Cindy Shamel Full Text:  HTML | PDF (Size: 118k)

Patents in the Realm of Independent Information Professionals
by Tom Wolff and Stephen Adams Full Text:  HTML | PDF (Size: 121k)

The IIP and the Small Business High Tech Client
by Jane John, Jocelyn Sheppard and Jan Knight Full Text:  HTML | PDF (Size: 139k)

Government Information: Adding Value as an Expert Guide
by Peggy Garvin Full Text:  HTML | PDF (Size: 84k)

The Independent Information Professional as Government Contractor
by Phyllis Smith Full Text:  HTML | PDF (Size: 72k)

Competitive Intelligence: How Independent Information Professionals Contribute to Organizational Success
by Arthur Weiss and Ellen Naylor Full Text:  HTML | PDF (Size: 149k)

Business Research Beyond Borders
by Eiko Shaul Full Text:  HTML | PDF (Size: 71k)

Today’s Genealogist: Providing Value-Added History
by Missy Corley Full Text:  HTML | PDF (Size: 87k)

Part II – Services: Marketing, New Media, Writing, Consulting and Information Management
by Crystal Sharp, Guest Editor Full Text:  HTML | PDF (Size: 58k)

Information Professionals and the Nonprofit Sectors
by Margaret King Full Text:  HTML | PDF (Size: 77k)

Enhance Your Marketing Productivity: Hire an IIP
by Marjorie Desgrosseilliers Full Text:  HTML | PDF (Size: 93k)

Consulting: Helping Clients Plan, Adapt, Choose…and Much More
by Ulla de Stricker Full Text:  HTML | PDF (Size: 87k)

Social Media: Essential for Research, Marketing and Branding
by Karen Blakeman and Scott Brown Full Text:  HTML | PDF (Size: 577k)

From Reference Interview to Project, Proposal: Defining Client Needs to Ensure Research Success
by Sarah Hager Johnston Full Text:  HTML | PDF (Size: 78k)

The Accidental Knowledge Manager: Another Role for Independent Information Professionals
by Deb Hunt Full Text:  HTML | PDF (Size: 94k)

Malta Registry of Companies

The Malta Financial Services Authority Registry of Companies (http://rocsupport.mfsa.com.mt/pages/Default.aspx) has been added to my Official Company Registers page at  http://www.rba.co.uk/sources/registers.htm. The registry provides free basic company details including registered address and company ID/number. You can browse the companies alphabetically or search by name or company ID/number. There is also a list of companies that have registered over the last 15 days.

China Full Directory Kit discount

If you carry out a lot of research on businesses and industries in China you might be interested in the offer currently available from dataresources. For a limited period they are offering 45% discount on SinoMedia’s China Full Directory Kit, which provides information resources required to do business in China. Originally priced at over £1350 the kit is now £750 (+delivery) .

The China Full Directory Kit includes:

  • China Foreign Enterprise Directory 11th Edition 2010 (CD-ROM)
  • China Enterprise Directory 2010 (Book and CD ROM)
  • Top Global 500 Companies in China 2009-2010 (CD-ROM)
  • China Government Organizations Directory 2009-2010 (Book)
  • China MICE Guide 2010-2011 (Forthcoming) (Book)
  • China Financial Services Directory 2010-2011 (Forthcoming) CD-ROM
  • China Logistics Guide 2010/2011 CD-ROM
  • China IT Directory 2010 CD-ROM
  • China Manufacturing Directory 2010 CD-ROM
  • China Media Directory 2010 CD-ROM
  • China Industrial Zones Directory 2010 CD-ROM

Full details can be found at  http://www.dataresources.co.uk/

Top Business Search Tips

At the end of July I was in mid Wales running a workshop on business information. There was a good mix of experience and backgrounds amongst the participants and plenty of time for people to try out ‘stuff’ and share tips with each other. At the end of the day they came up with a list of their top 10 business search tips. Actually it was 11 – the additional one was my own web site, which I used as a starting point for many of the examples. You could say they were virtually brainwashed into including it so I am giving them that one as a ‘free’ extra! Here is the full list.

1. Marketingfile http://www.marketingfile.com/ Collection of business to business and consumer mailing lists. Free to search and reasonably priced pay as you go purchase options.  Buy as many or as few records as you need or as dictated by your budget.

2. Directionlessgov http://www.directionlessgov.com/ Having problems finding information on UK government web sites or on DirectGov? Then get thee hence to this Google custom search engine from the people behind They Work for You (http://www.theyworkforyou.com/), What do they know – make and browse Freedom of Information Requests (http://www.whatdotheyknow.com/) and FixMyStreet (http://www.fixmystreet.com/)

“We got so fed up with the general uselessness of the multi-million pound shambles otherwise known as the Direct.gov.uk portal, that we decided to build something better in under an hour. Sadly, we ran catastrophically behind schedule, but we still finished before lunch.

Google results are shown on the right hand side of your results screen and you can compare them with the DirectGov results on the left hand side of the screen. There seems to be intermittent problems at the moment when clicking on the Directionlessgov search results; you are sometimes taken to the Directionlessgov home page instead of the page in the results. Nevertheless, still worth using as the results are far superior and you do at least have the details of the web site and document.

3. Companies House http://www.companieshouse.gov.uk/ The official companies register for the UK. There is a free companies and disqualified directors search available under the Webcheck Service. At the time of writing the link was in the middle of the right hand part of the home page. You can search the database for free and free company information includes name, registered company number, registered address, status, date of incorporation, nature of business, date of accounts, previous names. Documents can be purchased on a pay per view basis.

4. Kompass http://www.kompass.com/ Worldwide directory of products. Search by keywords, company, products, classification codes. Basic search is free of charge. In order to use the advanced search and view full company profiles you will have to purchase a subscription or  ‘credit units’. The minimum number of 50 credit units costs EUR120 or USD 170

5. StatsWales http://statswales.wales.gov.uk/ Forget about the ONS  – if you need data and statistics on Wales this is the place to go. “StatsWales is a free-to-use service that allows visitors to view, manipulate, create and download tables from the most detailed official data on Wales.” Email alerts and RSS feeds are available.

6. Business support, information and advice | Flexible Support for Business Wales http://fs4b.wales.gov.uk/ Everything you need to know about setting up and running a business in Wales.

7. D&B UK small business centre for business reports and company financial performance tracking http://www.do-business.net/sbc/.  Provides reports on over 3.3 million UK companies. Report content varies depending on whether you need a customer, competitor, supplier or a partner report. Prices start at GBP 7.50 and there are sample reports to give you an idea of what each includes. The supplier report, for example, gives star ratings for overall condition of the business and how it compares with other business in the same industry sector, size of the business, names of the directors, significant legal proceedings/events such as County Court Judgements.

8. FITA http://www.fita.org/ Founded in 1984, FITA “fosters international trade by strengthening the role of local, regional, and national associations throughout the United States, Mexico and Canada”. In addition to services for members, there is a very useful collection of Web resources for International trade. There are over 8000 annotated links. Categories include country or region, legal resources, doing business in another country, International market research and business directories. The business directories are subdivided into industry specific, global and country directories. The links are in the menu on the left hand side of the screen.

9. UK Trade and Investment http://www.ukti.gov.uk/ “UK Trade & Investment (UKTI) works with UK-based businesses to ensure their success in international markets, and encourage the best overseas companies to look to the UK as their global partner of choice.” There is information on industry sectors and business opportunities in other countries as well as help for new and experienced exporters.

10 LinkedIn http://www.linkedin.com/ Useful professional networking site for biographical information on people (if they are members) and for identifying contacts within companies.

And the eleventh is Business Information on the Internet (Compiled by Karen Blakeman) http://www.rba.co.uk/sources/, business resources organised by type e.g. statistics, market research, company registers.