If you’re looking to open a new business, you’d be wise to research the industry trends in your desired location. This video demonstrates how to find competitors, startup market share, cessation rates, total sales, and more for industries in specific locations using Bizminer.
Industry financial ratios and averages are especially useful when benchmarking your current company (or prospective company) against other companies in the same industry. This video demonstrates how to find industry financial profiles for the apparel industry in a local market, as well as find industry vitality, cessation rates, and more.
) If you are researching the feasibility of opening a sporting good store, camping store, bike shop, or fishing store in a specific location, you will want to benchmark your potential company against other established companies in the area. You will also want to get a better understanding of the business environment and trends in … Continued
I have several students who are doing a feasibility analysis of opening a fitness center franchise in Indianapolis, Indiana. In order to truly make a good decision about opening a business, they will need to analyze industry financial ratios, startup risk, and industry vitality in their specific location in Indianapolis. This video will show you … Continued
This video demonstrates how to find industry financial ratios for the restaurant industry, as well how to use Bizminer to analyze the local competitive market.
If you are doing a feasability study for bringing a coffee shop or cafe to town, you might want to look at how well the industry is doing overall. Bizminer allows you to look at financial ratios and more for the industry, allowing you to benchmark your potential company against industry peers.
This video demonstrates how to find industry financial ratios, startup and failure rates, and more for the popcorn and popcorn supplies store industry.
If you are doing an industry or market analysis at the local level, you will want to check out the Local Market Industry reports in Bizminer. This video shows you how to search by keyword and drill down with NAICS codes in Bizminer to find the information you need.
If you are developing a business plan, or benchmarking an existing company, you will need to find industry financial ratios and averages. This video demonstrates how to find financial ratios for specific industries in Bizminer.
Bizminer is a great resource when developing business plans, or for any sort of entrepreneurship initiatives where you need to measure peer performance in an industry. It includes industry financial ratios, failure rates of businesses, local industry market research statistics, and more. … Continued