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Venture Reference
  Common Sources for Business Questions




                          Jennie Burroughs
                             Steve McCann
                      University of Montana
Audience

    ◦ Demographics
    ◦ Experiences
    ◦ Problems




Common Questions
Planning a new business



    Ready for the next level



    Job hunter



    Community “watchdog”




Scenarios
Resources for helping
                       a user who is starting
                       a new business




The New Entrepreneur
                        Photo from Flickr;
                        cc yodel anecdotal
Montana Business Quarterly

    ◦ Online through Wilson, Ebsco, Infotrac
    ◦ ISSN: 0026-9921

    Fed “Beige Book”

    ◦ http://www.federalreserve.gov/FOMC/BeigeBook/2009/
    ◦ Look for 9th District – Minneapolis

    9th District Fed

 http://www.minneapolisfed.org/
 research/data/district/forecast/


New Business: Economic Landscape
US Industry Trade               American Factfinder
                               
    Analysis                        ◦ County Business
                                      Patterns
      http://tse.export.gov/
                                    ◦ Business Statistics by
                                      Zip Code
                                    ◦ http://factfinder.cens
                                      us.gov




New Business: Industry Analysis
Industry analysis

    ◦ Gale Encyclopedia of Organizations

    Current Industrial Reports – Census.gov

    ◦ http://www.census.gov/cir/www/

    BizInfo Library:

    http://www.bizinfolibrary.org




New Business: Industry Analysis
Competition

    ◦ Who are your
      competitors?

    Local competitive

    data:
    ◦ City Clerk's office
    ◦ County Clerk's office
    ◦ Chamber of Commerce

    ◦ County Business Patterns
      – CenStats
       http://censtats.census.gov/


    Paid Databases:

    ReferenceUSA

New Business: Competitive Analysis
Demographics                    State & County
                               
                                    Quickfacts:
    ◦ Population
      Characteristics               http://census.gov/
       “market segmentation”
       “demographics”


    Psychographics

                                    Statistical Abstract:
                                
    ◦ Personality Aspects
                                    http://www.census.gov/co
          “behavior”
                                   mpendia/statab/
          “decision making”
      
          “attitudes”
      
          “perceptions”
      
          “lifestyles”
      


New Business: Demographics &
Psychographics
More Statistics to support business plans


    ◦ Bureau of Labor Statistics: http://www.bls.gov/


    ◦ Department of Transportation: http://dot.gov/


    ◦ Energy Information Administration:
      http://www.eia.doe.gov/



New Business
Small Business Administration

    ◦   http://www.sba.gov
    ◦   Small business planner
    ◦   SBA loans
    ◦   Loads of advice




New business
Business.gov

    ◦ http://www.business.gov




New Business
Resources for
                        entrepreneurs seeking
                        the next step




The Mid-career Businessperson
                           Photo from Flickr;
                           cc Jotpunkt
Small Business Administration (again)

    ◦   http://www.sba.gov
    ◦   Good advice for expanding your business
    ◦   Advice for selling your business
    ◦   Counseling opportunities (SCORE)




    Next steps
Business.gov (yes, again)

    ◦   http://www.business.gov
    ◦   Advice for expanding businesses
    ◦   Staying compliant
    ◦   Government contracting




Next steps
FedBizOps

    ◦ http://www.fbo.gov
    ◦ Source for government contracting opportunities
    ◦ Replaced Commerce Business Daily (CBD) in
      2002

    Grants.gov

    ◦ http://www.grants.gov
    ◦ Grants for special projects/initiatives
    ◦ Opportunities for business as well as non-profits



Later funding opportunities
Grow your network



    LinkedIn

    ◦ http://linkedin.com
    Twitter

    ◦ http://twitter.com
    Facebook

    ◦ http://facebook.com




Next steps
Resources to help job
                 seekers find a new
                 path, get
                 connected, and find
                 open jobs.




The Job Hunter
                   Photo from Flickr;
                   cc Whiskeyboytx
Montana Unemployment Insurance

    ◦ http://uid.dli.mt.gov/

    Federal Information on unemployment

    ◦ http://www.dol.gov/dol/topic/unemployment-
      insurance/

    You’re not alone (aka unemployment

    statistics)
    ◦ http://www.bls.gov/bls/unemployment.htm


Unemployment benefits
Occupational Outlook Handbook

    ◦ http://www.bls.gov/OCO/
    ◦ Explore career options, outlooks, salaries

    Career OneStop

    ◦ http://www.careeronestop.org/
    ◦ Federal & state info for retraining, resume &
      interview advice, self-assessment & career
      exploration

    Job & Career Information (DoL)

    ◦ http://www.doleta.gov/jobseekers/

New directions
Many local, state, and national sites with

    opportunities:

    Monster.com

    ◦ http://www.monster.com/

    Yahoo! Hot Jobs

    ◦ http://hotjobs.yahoo.com/

    Career Builder

    ◦ http://www.careerbuilder.com

    Craig’s List?

    ◦ http://craigslist.com


Job Opportunities
Simply Hired

    ◦ http://www.simplyhired.com




    LinkedIn

    ◦ http://www.linkedin.com



Job Opportunities, cont.
Montana JobLinc (Job Seeker Services)

    ◦ http://mtjoblinc.mt.gov

    Jobs.mt.gov

    ◦ https://jobs.mt.gov

    USA Jobs

    ◦ http://www.usajobs.gov




Job Opportunities, cont.
They want to know
                      where government
                      funds are going and
                      which businesses are
                      benefiting




The Community “Watchdog”
                         Photo from Flickr;
                         cc Janos Szudi
http://www.recovery.gov


Recovery.gov
USAspending.gov
                  http://www.usaspending.gov
http://www.census.gov/govs/www/cffr.html



Consolidated Federal Funds Report
Edgar (SEC filings)
                http://www.sec.gov/edgar.shtml
Motley Fool

    ◦ http://www.fool.com/
    Morningstar

    ◦ http://www.morningstar.com

    Forbes

    ◦ http://www.forbes.com/




Investment Research
Suggestions?

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Venture Reference

  • 1. Venture Reference Common Sources for Business Questions Jennie Burroughs Steve McCann University of Montana
  • 2. Audience  ◦ Demographics ◦ Experiences ◦ Problems Common Questions
  • 3. Planning a new business  Ready for the next level  Job hunter  Community “watchdog”  Scenarios
  • 4. Resources for helping a user who is starting a new business The New Entrepreneur Photo from Flickr; cc yodel anecdotal
  • 5. Montana Business Quarterly  ◦ Online through Wilson, Ebsco, Infotrac ◦ ISSN: 0026-9921 Fed “Beige Book”  ◦ http://www.federalreserve.gov/FOMC/BeigeBook/2009/ ◦ Look for 9th District – Minneapolis 9th District Fed  http://www.minneapolisfed.org/ research/data/district/forecast/ New Business: Economic Landscape
  • 6. US Industry Trade American Factfinder   Analysis ◦ County Business Patterns  http://tse.export.gov/ ◦ Business Statistics by Zip Code ◦ http://factfinder.cens us.gov New Business: Industry Analysis
  • 7. Industry analysis  ◦ Gale Encyclopedia of Organizations Current Industrial Reports – Census.gov  ◦ http://www.census.gov/cir/www/ BizInfo Library:  http://www.bizinfolibrary.org New Business: Industry Analysis
  • 8. Competition  ◦ Who are your competitors? Local competitive  data: ◦ City Clerk's office ◦ County Clerk's office ◦ Chamber of Commerce ◦ County Business Patterns – CenStats  http://censtats.census.gov/ Paid Databases:  ReferenceUSA New Business: Competitive Analysis
  • 9. Demographics State & County   Quickfacts: ◦ Population Characteristics http://census.gov/  “market segmentation”  “demographics” Psychographics  Statistical Abstract:  ◦ Personality Aspects http://www.census.gov/co “behavior”  mpendia/statab/ “decision making”  “attitudes”  “perceptions”  “lifestyles”  New Business: Demographics & Psychographics
  • 10. More Statistics to support business plans  ◦ Bureau of Labor Statistics: http://www.bls.gov/ ◦ Department of Transportation: http://dot.gov/ ◦ Energy Information Administration: http://www.eia.doe.gov/ New Business
  • 11. Small Business Administration  ◦ http://www.sba.gov ◦ Small business planner ◦ SBA loans ◦ Loads of advice New business
  • 12. Business.gov  ◦ http://www.business.gov New Business
  • 13. Resources for entrepreneurs seeking the next step The Mid-career Businessperson Photo from Flickr; cc Jotpunkt
  • 14. Small Business Administration (again)  ◦ http://www.sba.gov ◦ Good advice for expanding your business ◦ Advice for selling your business ◦ Counseling opportunities (SCORE) Next steps
  • 15. Business.gov (yes, again)  ◦ http://www.business.gov ◦ Advice for expanding businesses ◦ Staying compliant ◦ Government contracting Next steps
  • 16. FedBizOps  ◦ http://www.fbo.gov ◦ Source for government contracting opportunities ◦ Replaced Commerce Business Daily (CBD) in 2002 Grants.gov  ◦ http://www.grants.gov ◦ Grants for special projects/initiatives ◦ Opportunities for business as well as non-profits Later funding opportunities
  • 17. Grow your network  LinkedIn  ◦ http://linkedin.com Twitter  ◦ http://twitter.com Facebook  ◦ http://facebook.com Next steps
  • 18. Resources to help job seekers find a new path, get connected, and find open jobs. The Job Hunter Photo from Flickr; cc Whiskeyboytx
  • 19. Montana Unemployment Insurance  ◦ http://uid.dli.mt.gov/ Federal Information on unemployment  ◦ http://www.dol.gov/dol/topic/unemployment- insurance/ You’re not alone (aka unemployment  statistics) ◦ http://www.bls.gov/bls/unemployment.htm Unemployment benefits
  • 20. Occupational Outlook Handbook  ◦ http://www.bls.gov/OCO/ ◦ Explore career options, outlooks, salaries Career OneStop  ◦ http://www.careeronestop.org/ ◦ Federal & state info for retraining, resume & interview advice, self-assessment & career exploration Job & Career Information (DoL)  ◦ http://www.doleta.gov/jobseekers/ New directions
  • 21. Many local, state, and national sites with  opportunities: Monster.com  ◦ http://www.monster.com/ Yahoo! Hot Jobs  ◦ http://hotjobs.yahoo.com/ Career Builder  ◦ http://www.careerbuilder.com Craig’s List?  ◦ http://craigslist.com Job Opportunities
  • 22. Simply Hired  ◦ http://www.simplyhired.com LinkedIn  ◦ http://www.linkedin.com Job Opportunities, cont.
  • 23. Montana JobLinc (Job Seeker Services)  ◦ http://mtjoblinc.mt.gov Jobs.mt.gov  ◦ https://jobs.mt.gov USA Jobs  ◦ http://www.usajobs.gov Job Opportunities, cont.
  • 24. They want to know where government funds are going and which businesses are benefiting The Community “Watchdog” Photo from Flickr; cc Janos Szudi
  • 26. USAspending.gov http://www.usaspending.gov
  • 28. Edgar (SEC filings) http://www.sec.gov/edgar.shtml
  • 29. Motley Fool  ◦ http://www.fool.com/ Morningstar  ◦ http://www.morningstar.com Forbes  ◦ http://www.forbes.com/ Investment Research