BUSI 110 - Business I: Fundamentals

A company's structure impacts the information that can be found about it. When choosing companies to research, test-search first to determine structure and the whether the amount of information available will be enough for your needs.

Parent or subsidiary company? 

• A parent is a company that owns other companies, called subsidiaries. For example, Nike Inc. is a parent that owns the subsidiaries Converse and Hurley International.
• When researching a subsidiary, it is helpful to also look at information about its parent.
• Alternatively, a company may be independent, which means it is not owned by, nor owns, other companies.

Public or private company?

• It is much easier to locate financial and business information for public companies, than for private companies.
• Public companies' ownership is dispersed among many investors who buy shares in the company on a public stock exchange. Public companies are required by law to openly report some aspects of their financial dealings.
• Private companies, in comparison, are owned by private individuals or entities and are not required to share their financial information with the public.

Additional tips for researching companies:

• Anticipate that not all information will be made public, no matter how well known the company.
• Rely on a variety of resources and seek multiple viewpoints. Perspectives provided by the company may be very different than those external to the company.
• Gather information from business news, such as industry magazines, national newspapers or news sources local to the business. Sometimes news articles provide financial estimates and details not available elsewhere.
• Analyze the company directly. Visit the store or website and note the products sold, presentation and price points. Observe the shoppers or look at the company's social media to consider who they are trying to reach. You may also ask to speak with someone within the company for your research.

Public companies are required by law to openly share some of their financial and business records. Annual reports are an especially useful source of this information. These are also known as 10-K reports. (Private companies do not provide annual reports to the public.)

Two places to find them:

• The company's investor/corporate website
• The U.S. Securities and Exchange Commission's website (linked below)

This database will provide detailed information on US and international businesses. (Link is at the bottom of this box.)

In the list of results, locate the "Public Parent" record for your company. (TIP: If you are researching a company that belongs to a larger parent company, you may want to look at both records.)

Click the company name to review their report.

Want to learn more about a company and their products?

Select "Browse: Company Profiles" on the Business Source Premier home page. Clicking on a company will give you articles about them as well as a Market Line Report, detailing the company's products, services, and other key information.

To locate info about local and small U.S. businesses:

Start at the Data Axle link above

Then go to 

and use the Custom Search to search by general location, business size, and other factors.

Click Update Count, then View Results when you're done building the search.

Click the company name to review their report.