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Module 2: COMPANY BASICS

Using Directories to Find Basic Company Information

Managing the Information

Assessment


Using Directories to Find Basic Company Information

What is a directory?


Melissa, from infoUSA, demonstrates the scope of their ReferenceUSA's directory.
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A directory is one of the basic tools for researching a company. The most familiar example of a directory is probably the phone book, but there are thousands of other directories -- so many, in fact, that there are also directories of directories. For example, Directories in Print, a part of the Gale Ready Reference Shelf, identifies a wealth of directories in several formats, covering a wide variety of subjects. You'll find directories for specific industries and businesses and for specific geographic locations. Directories may be available in print, or electronically, or both. Directories may arrange businesses by industry, location, volume of business, or many other features. For instance, state industrial directories are arranged by county, town or city.

What type of information will I find in a company directory?

A company's contact details, executives, number of employees, volume of sales, financial standing, and its ranking within its industry are just some examples of what you'll find in a directory.

All products and services of most industries have Standard Industrial Classification (SIC) or North American Industry Classification Standards (NAICS) codes. These codes are used by many directories as an organizational tool that can be used to search for companies in a specific industry.

The census website (http://www.census.gov/epcd/www/naics.html) offers 1997 NAICS and 1987 SIC Correspondence Tables, including information about how to navigate these tables and how to interpret them. For example:

  NAICS   SIC   Corresponding Index Entries
  511130   2731   Book publishers (e.g.,
  hardback, paperback, tape)


What kind of directory should I use?


Attention small business owners: The Manhattan B2B yellow pages is a great resource for small businesses. Other areas may have a similar resource.
There are many different kinds of directories. Depending on your research goals, you may choose to use a broad, general directory, such as infoUSA's ReferenceUSA, that covers companies of any and all types; an industry-specific directory such as the Standard Directory of Advertising Agencies, covering one industry in depth; or a location-specific directory such as the Harris New York Manufacturers Directory, covering the business activities of one region in detail.

Within each of these categories, there are dozens of examples of directories. Which of them you will use will depend on many things, such as the availability of print vs. electronic resources in your location as well as your specific research goals.

How do I use a directory?

As soon as you start to use a directory, you'll realize the value of the work you did in Module 1 honing your research questions. Trying to find John's number in a phone book is a near impossibility -- unless any old John will do. Knowing John's surname will bring you closer. And knowing which city John Doe lives in will bring you closer still.

Examine the features of the directories you're considering. Armed with some basic information about a company -- its name and the industry it's part of, for example -- you can select a promising-looking directory and start your search. Different directories will be organized by features such as industry and location. To save time, instead of using a general directory, consult the Standard Directory of Advertisers for information on advertising companies.




What are the advantages of using electronic directories?

A principal advantage of using electronic directories is their currency. They are updated much more frequently than print resources. Another advantage is that electronic directories allow the individual researcher to do a more customized search. They offer multiple search options. You may be able to input your research criteria and see only results tailored to your exact requirements, with no extraneous material. And if you are in one location and need to do research about companies in a different geographic area, electronic resources may be your only resource. Most electronic directories are available free in local libraries or for a fee-based subscription directly from the company.

Many free resources are available on the internet. When using the Internet, it is vital to consider the source. Are you sure that the resource you are using is reputable and reliable? Anyone can put up anything on the Internet ... without being vetted. Always make certain you can verify the information found on a website.

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