Demystifying Government Sources: Government Business Information for the Rest of Us. Stephen Hayes Business Services Librarian University of Notre Dame www.nd.edu/~shayes1 Objectives Practical approach Specific information for a “Business Plan” General comments on sites & sources as applied to a business plan General comments on sites & sources as to general business applications General comments Only government information sites and sources covered (well plus one fee based site – so shoot me) Won’t be business experts Business-economics; Economics-business – what the difference? – spelling Become friendly with Depository Librarian Refer users to Federal Depository Library near you Handouts Power Point slides Handouts Projects I have seen Lawn Edging Errands & more Weighted Glove Hair salon Lawn chair umbrella Rebate Program Protective device Flower Service Tissue dispenser Sports goods Lawn & garden Concierge services Sporting equipment; therapist; exercise; sports Beauty Salons; Beauty shops Recreation; concerts; sporting events Rebates Fabrics; household Florists; lawn care Motor vehicle accessories Sporting goods; sports; Business Plan from WordPerfect I used the Business Plan template from WordPerfect Information needed – Market analysis - Market Research Competitors ** Direct and Indirect (Market Share; Description;) Strengths and Weaknesses Emerging Substitute products Market Segments- segment you will be competing in Demographics Geographical area Target Market (Primary target markets; Secondary markets; Demographics) Demographics Geographical area as specified in content outline Marketing Mix Strategy ** – how you intend to market Product/Service Differentiation (Unique features; Potential for innovation, customer service plan, inventory control, etc.) Competitive Advantage(Proprietary protection; Other competitive advantages Distribution ** – plan to distribute your product or service Pricing ** Suppliers Marketing Goals ** ** Not Government information Business Plan Market analysis - Market Research Competitors (Identify current and future competitors and determine their strengths and weaknesses) ** U.S. Securities and Exchange Commission (http://www.sec.gov/) County Business Patterns State and Metropolitan Area Data Book (http://www.census.gov/statab/www/smadb.html) Statistical Abstract Industry at a Glance (http://www.bls.gov/iag/iaghome.htm) (Note: 1997 Economic Census: Bridge Between NAICS and SIC)(http://www.census.gov/epcd/www/naicstab. htm) Business Plan - continued Market Segments (Analyze size and growth of the market; industry trends; market structure; identify problems and potential niches) Demographics Current Industrial Reports Statistical Abstract (http://www.census.gov/prod/www/abs/statab.html) Business - Trade and Services (http://www.census.gov/prod/www/abs/business.html) Agricultural Statistics (http://www.usda.gov/nass/pubs/agstats.htm) Women's Bureau – Statistics (http://www.dol.gov/wb/stats/main.htm) - Nontraditional Occupations for Women State and Metropolitan Area Data Book (http://www.census.gov/statab/www/smadb.html) TradeStats Express™ (http://tse.export.gov/) TradeStats Express displays the latest annual U.S. merchandise trade statistics : At national and state levels; in maps, graphs, and tables; as exports, imports, and trade balances; and custom-tailored to your year and dollar ranges and display preferences. STAT-USA/Internet (http://www.stat-usa.gov/) Business Plan - continued Market Segments (Analyze size and growth of the market; industry trends; market structure; identify problems and potential niches) Geographical area Regional Economic Conditions (RECON) (http://www2.fdic.gov/recon/) World Factbook (http://www.cia.gov/cia/publications/factbook/index.html) International Trade Administration (ITA) (http://ita.doc.gov/) Virtual World Trade Reference Room (http://www.ita.doc.gov/td/industry/otea/ref-room.html) International Economic Accounts (http://www.bea.gov/bea/di1.htm) Business - Trade and Services (http://www.census.gov/prod/www/abs/business.html) U.S. Economy at a Glance (http://www.bls.gov/eag/home.htm) State Department, Business Center (http://www.state.gov/business/) Investment Climate Statements provide a thorough description of the overseas environments in which U.S. investors must operate. Business Plan - continued Target Market (Primary target markets; Secondary markets; Demographics) Demographics Current Industrial Reports Statistical Abstract (http://www.census.gov/prod/www/abs/statab.html) Agricultural Statistics (http://www.usda.gov/nass/pubs/agstats.htm) BEARFACTS - BEA Regional Facts (http://www.bea.gov/bea/regional/bearfacts/ ) Geographical area County Business Patterns World Factbook (http://www.cia.gov/cia/publications/factbook/index.html) Regional Economic Conditions (RECON) (http://www2.fdic.gov/recon/ ) North Star, Minnesota State Government Online (http://www.state.mn.us/) MapStats (http://www.fedstats.gov/qf/) STAT-USA/Internet (http://www.stat-usa.gov/) Maping American FactFinder (http://factfinder.census.gov/home/saff/main.html?_lang=en) American FactFinder (AFF) has two tools for creating, viewing, printing, and downloading maps. Business Plan - continued Marketing Mix Strategy ** – how you intend to market Product/Service Differentiation (Unique features; Potential for innovation, customer service plan, inventory control, etc.) Competitive Advantage- (Proprietary protection; Other competitive advantages Census Bureau Thematic Map Percent of Households With Income of $100,000 or More in 1999: 2000 PCensus Sample Map South Bend, IN MSA Housekeeping Services $ per household Business Plan - continued Distribution ** – plan to distribute your product or service Bureau of Industry and Security (http://www.bxa.doc.gov/about/index.htm) STAT-USA/Internet (http://www.stat-usa.gov/) State Development Agencies For Trade And Investment (http://www.ita.doc.gov/td/industry/otea/subme nu4.html) Business Plan - continued Pricing ** Suppliers STAT-USA/Internet (http://www.statusa.gov/) Marketing Goals ** General Sources of Business related information - U.S. Bureau of Economic Analysis (http://www.bea.doc.gov/) Bureau of Labor Statistics (http://stats.bls.gov/) Census Bureau, Publications (http://www.census.gov/prod/w ww/titles.html) Department of Education – Statistics (http://www.ed.gov/searchResul ts.jhtml?ct=1348353648&cl=1) FRED® II (Federal Reserve Economic Data) (http://research.stlouisfed.org/fr ed2/) FRASER™ (Federal Reserve Archival System for Economic Research)( http://fraser.stlouisfed.org/) Fed in Print - a comprehensive index to Federal Reserve economic research (http://www.frbsf.org/publicatio ns/fedinprint/index.html) Fedstats (www.fedstats.gov/) National Center for Education Statistics (http://nces.ed.gov/) U.S. Securities and Exchange Commission (http://www.sec.gov/) Small Business Administration (http://www.sbaonline.sba.gov/ ) STAT-USA/Internet (http://www.stat-usa.gov/) State Department, Business Center (http://www.state.gov/b usiness/ General Sources of Business related information - State State Development Agencies For Trade And Investment (http://www.ita.doc.gov/td/industry/otea/sub menu4.html) North Star, Minnesota State Government Online (http://www.state.mn.us/) Your local SBA office (http://www.sba.gov/index.html ) State Libraries (http://www.loc.gov/global/library/statelib.ht ml) General Sources of Business related information - international AusStats (http://www.abs.gov.au/ausstats/abs% 40.nsf/ausstatshome?OpenView) OFFSTATS - Official Statistics on the Web (http://www.library.auckland.ac.nz/subj ects/stats/offstats/) Important non-government Resource Sites Google Uncle Sam http://www.google.com/unclesam Questions? H:/ala/preconf/GODORTDemustifying.ppt Wednesday, June 08, 2005 Power Point Slides and a web page are available on my home page www.nd.edu/~shayes1