Skip to Main Content

BUAD 444: Industry Research

This guide is designed to support students in BUAD 444: Small Business Management as they complete their course projects.

BUAD 444: Small Business Management

This guide is designed to support students in BUAD 444: Small Business Management as they complete their course projects. In this class, student teams often work with a local small business to develop a business or strategic plan.

A common first step in developing a business plan is industry research. This guide will help you:

  • Find industry reports, trends, and forecasts
  • Use NAICS and SIC codes to identify industries and competitors
  • Locate company information and market data
  • Explore government and economic sources for additional insights

Use this page and the tabs on the left to navigate to the most useful resources for your project.

Key Databases for Industry Research

Not sure where to start? These are some of the most useful databases for BUAD 444 projects:

After exploring these, visit the Industry and Company Research page for more databases and tools.

Possible Research Steps

1. Start with industry research - Use databases such as IBISWorld, Passport, or Gale Business Insights to get an overview of your industry.

2. Research competitors - Use databases like Mergent Intellect, Reference Solutions, or Nexis Uni to identify and compare businesses.

3. Add demographic and market data - Use Census data or databases like Statista to understand your customers.

4. Find supporting articles & news - Use databases like Business Source Premier or ABI/INFORM for trends, SWOT analyses, and strategy insights.

Key Research Terms

New to research and using library resources?

Here are some basics that will help you get started.

  • Library Catalog - The online search tool for books, ebooks, and other materials the library owns. Think of it like Google, but just for the library’s collection. It searches nearly everything the library has access to.
  • Database -  An online collection of information you can search. Think of it like a massive Google Drive with many folders and files.
    • ExampleBusiness Source Premier, where you can find articles, reports, and case studies about companies and industries.
  • Journal - A publication that comes out regularly, like a magazine, but for research or professional news. Think of it like one folder in Google Drive with many files inside.
  • Article - A single piece of writing published in a journal, magazine, or newspaper. Think of it like a single Google Doc or Sheet in a folder.
    • Example: An article in Harvard Business Review about business strategies.
  • Keyword - The main word or phrase you use when searching. Think of it like a hashtag that helps you find what you’re looking for.
    • Examples: “Starbucks” (one word keyword), “fast food industry” (keyword phrase).
  • Citation - The details that tell you where an article or report came from (author, title, journal name, date, etc.). Essentially, the academic version of a credit line.