Pitching a company without knowing anything about it is akin to taking an exam without studying. In both cases, there is a small chance you will succeed. Before collaborating with another company, you should find company information like its business model, personnel count, sales, revenue, and shareholders, among other things. It is critical to conduct thorough research. Doing so will assist you in formulating the appropriate set of questions to ask and improve your confidence to negotiate. This article will discuss how to find company information and which tools to use, saving you time in the process.
What is the common way to research a company?
1. Company Websites
Almost all companies post news announcements, advisories, reports, financial papers, and other materials to their websites. If you want to track out a competitor’s retail outlets, you can use ‘Store Locators,’ which is another way to learn more about the company. Keep in mind that, while firms strive for transparency in their announcements and data in reports, they may be able to present information more appealingly for branding and marketing objectives.
2. Directories
Most companies are now linked to Google Maps. You can locate firm information such as email addresses, contact information, and addresses in directories.
3. Local Business Journals/Magazines/Newspapers
Finding information on local businesses on the internet can be difficult at times. As a result, journals and publications will assist you in obtaining that information. You can also look for full-text databases that contain articles from a variety of sources. Therefore, this is another traditional technique of obtaining company information.
Tools to Find Company Information
It is not as difficult as it appears to find information about a company. All you need is the right strategies in place. If none of your strategies works, you can turn to a variety of websites for help.
1. Google News
Google News is the ideal place to go if you need information about a company as well as the most recent news about it. The press releases, financial statements, pending litigations, and contact information for the directors/executives are usually found in the articles. As a result, all of the relevant information is readily available here.
2. Permitindo – Company Registry Service (Indonesia)
The Indonesian company registry, which is sourced from the Ministry of Law and Human Rights data, contains complete information about Indonesian companies. You can use this service on our website if you want to perform research or a background check before making any investments, signing agreements or closing negotiations with new potential partners.
The report includes information such as legal entity type (PMA or PMDN), company status, company domicile, list of business activities (KBLI), details of authorised and paid-up capital, details of shareholders, Board of Directors, and Commissioners; deed amendment(s), as well as the details of the notary who was responsible for the company’s incorporation.
3. LinkedIn
Linkedin has evolved into one of the most effective professional platforms for finding internships, employment, networking, expanding your network, and building your business. On this platform, people gather to learn and grow. It has become well-known for its large B2B database, as well as its high quality.
Fake accounts can be found on other social media networks, but not on LinkedIn. It allows members to search for firms based on a variety of parameters, such as company size, employment opportunities, location, industry, and ranks in the Fortune 500.
Conclusion on Easy Ways to Find Company Information
Finding company information is crucial whether you are competing or trying to establish a relationship with. It should not be a one-time task. You must keep your database up to date regularly. For example, a company with a million-dollar turnover today could increase by a factor of ten in a few years. As a result, you must have access to all pertinent company information. You can adjust your strategies by analysing their manoeuvres.
Don’t forget to acquire some information about the company’s executives or decision-makers while you’re at it. Before you set up a meeting with them, you should be informed of their preferences and other data. As a result, you can’t afford to spend hours searching for company information on Google or reading publications. Using tools is the greatest approach to find the most up-to-date company information.
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