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How
to Investigate and Evaluate a Resource
Type
"research a company" at the Google search-engine prompt, and press
the Enter key. Review the return listings and scroll to ones that meet your
needs, such as where you will find a business research tutorial presenting a
step-by-step process for finding free company and industry information on the
World Wide Web! Other research options include:
- Visit your state's
web site to research a business. Type the format www.state.xx.us, where xx
is the USPS abbreviation for the state (e.g. www.state.ut.us). The current
web site for the state will appear or a link to it. Find the Business link
to search for company filings.
- Visit www.sec.gov
and search for company filings.
- Visit your county
clerk online or in person to search for legal documents such as releases,
judgments, liens and many other transactions.
- Visit the county
clerk online where the company is located (corporate and local addresses).
- Search the BBB
online where the company is located (corporate and local addresses) to search
for consumer complaints and company standing.
- Contact industry
groups in which the company may have membership. Is the company a member in
good standing? Do they participate in member functions?
- Use a search
engine like Google and type the company name with location (e.g. Hines Faucets
Florida). Look for information about customers of the company on the web pages
listed.
- Use a search
engine like Google and type the company name followed by the word 'complaint'
or 'customer' or 'customer service' or whatever else you want to learn about
the company. No web sites found is a good indication but is not conclusive
due to search engine rankings and website availability. Remember that Internet
information is updated constantly.
- Visit your public
library and ask the reference librarian to guide you to books with information
about the company/industry of interest. They will direct you to the Thomas
Register and industry specific books that may be of use. Also, ask about periodicals
and newspapers relevant to the company's industry.
- Contact Chambers
of Commerce in the area via email to inquire of the company's membership and
community presence.
- If the company
has a web site, search it for a client list, business address, contact person,
telephone numbers and email address. The client list may offer a hint of where
the client may be contacted. Try contacting the client. If the website lacks
contact information (such as no geographical address, named individual or
telephone number), move on.
- Contact a nearby
competitor of the company and suggest that you are calling because the company
seemed a bit pricey for the products/services offered.
- When you speak
to a company representative, ask for three clients you may call for references.
If they give you three references this is a positive indication, although
they could be ringers.
- Network: speak
to your other team members and business associates about the prospective company;
they may know about the company or can ask someone who may know.
- When you introduce
yourself at the next inventor meeting, ask the attendees if any of them know
anything about the company!
- Make inquiries
through an inventor forum or business forum relevant to the product/service
the company provides. Be sure to use a brief, specific and meaningful title
for the subject field of your posting.
- Attend a business
fair that this company would likely show its products/services and make inquiries
of other vendors, perhaps by way of comparison. You need to be familiar with
the offerings of the company you want to evaluate.
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