Monday, September 10, 2007

BizStats - A First-Rate Starting Point for Business Data Research

BizStats.com provides easy access to a variety of business statistics including profitability and operating ratios. Their objective is to provide "instant access to business statistical information that is useful and meaningful." BizStats compiles the data from a number of different sources including trade associations and U.S government sources. Anyone familiar with the underlying data sources will recognize when the primary source is the Department of Labor or Department of Commerce. BizStats reformats the data in a manner they consider meaningful and therefore doesn’t provide links to the original sources. Some of the information is current, while other data - especially that coming from trade associations or economic censuses - might be a few years old. Nevertheless, students and small business owners will find BizStats to be a good place to start. Other sources of financial and operating ratios available in print in the Cheng Library are Dun & Bradstreet’s Industry Norms and Key Business Ratios; Leo Troy’s Almanac of Business and Industrial Financial Ratios; Robert Morris Associates’ RMA Annual Statement Studies and Financial Research Associates Financial Studies of the Small Business.

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