Company searches help you make better business decisions – here’s how

Business intelligence is all about making the best decision possible. To do this you need the best information possible – after all, a decision needs to have some basis. The quality of the information you get is directly dependent on the nature of the source.

The best source is Companies House, which is the UK’s official company registrar – and as Company Search MadeSimple’s intuitive search systems are synced with Companies House there are great benefits when you do your company searches with us.

So when you next start making company searches let’s explore how they provide a real edge to business decision making.

Information Is Insight

The best approach to making business decisions is making sure you have taken into account all of the considerations that might make the decision positive or negative for the company. To do this you need information – without it you may find that you are making decisions blindly.

Information makes your business better, and if you’re doing company searches it will help your own business be more successful in the following ways:

• It Gives You An Insight – If you do a company search you can see things like credit history and limits, which gives you an insight into how a company is perceived by creditors and their overall reputation. Choosing to partner up with a reliable company is usually better for your business.
• You Can Check Suppliers – If you’re partnering up with another business it’s one thing, but checking suppliers is another thing entirely. If your suppliers are unreliable you are unable to deliver your customers the service they expect, which will reflect badly on you. Avoid this by doing company searches to determine reliability for a more complete customer experience.
• It Works For Yourself Too – Curious as to why that partner didn’t choose you? Do a company search on your own business and you will see how people perceive your business, this gives you the ability to make changes to adjust those perceptions and have a more appealing company to do business with.

The informative nature of company searches is what makes the process so appealing – as with information you can make decisions that are incredibly well-supported by raw data which means your decisions are much more likely to be beneficial to your business.

Company Searches Making Sense Of Business

You can trust your hunches all you want, but the reality is that if you have a data-driven process to decision making you are much likely to be proved correct in the longer term. So do your company searches with this in mind and you will have a better chance of success.

Thanks for reading. Don’t forget to check out the rest of our blog for more great content. Particularly relevant to this post would be the ‘Company Search’ section.

By Alex Novakovic at MadeSimple – Follow Alex on Google+