Graphic Design Guide

Graphic Design Guide

Welcome to the Graphic Design Guide

 

What is the Graphic Design Industry?

Graphic design involves using both graphics and text to convey a concept or idea. The graphic design industry includes many activities, including corporate identity/ branding, advertising, print production, and web design. Graphic designers create logos, posters, newsletters, brochures, signs, and other forms of visual communication.

Image
desk of tablet displaying of adobe software icons, keyboard and notebook
Photo by Emily Bernal on Unsplash

 

This guide can offer a launching point as you embark on your secondary market research for your business idea. Work through the questions and resources to develop strategies for accessing reliable business information as part of your planning process. While doing your own primary market research will ensure you get the exact data you need, it is usually very time consuming and expensive. Believe us -- it is well worth your time to learn how to find publicly available statistics and data first. We'll point you to as many freely available, online sources that we can find, but keep in mind that there are many resources available at your local public, college or research library. 

Guide Outline

This Accelerator Guide is organized into four sections designed to help you focus your research. Each section will highlight what goals you'll achieve, as well as questions to get you thinking about the kind of information you'll likely need. In no time you will be an expert DIY researcher! You'll need to use the menu on the left to explore each section but here is an outline you can follow.

  1. Getting Started has introductory materials like how-to books, sample business plans and general start-up information.
  2. Industry Info has sources outlining the current status, outlook, and trends for your particular industry or sector and more.
  3. Competitive Info has sources for outlining your competitive market, including potential competitors and market share.
  4. Customer Info has sources that will help you develop your market analysis and learn about the demographics of your target market and your customers' needs.

Need Other Help?

If you're looking for in-person help be sure to check out the BC Business Support Directory for help in your specific community. If this is your first time doing secondary market research you might want to follow our step-by-step Business Research Basics. In the Learn Business Basics section of this website you will find curated lists of resources on many business topics from marketing, top business planning to a wide selection of free web-based tools to help you with your business development.

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Getting Started

Getting Started

Getting Started

 

Start Right

  • Review general resources about the graphic design industry
  • Read books related to your industry and business planning
  • Review sample business plans for ideas
  • Find capital

 

Checklist

  • Are there books about running a business in this industry?
  • What does a comparable business or marketing plan look like?
  • What funding or financing opportunities might be available to me?
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Find Books

Find Books

Find Books

This section will introduce several "how-to" books on business to help you get started with your research. These books will primarily introduce you to business plan writing. These books will also introduce general business types such as retail and service business models.

 

Find Books Using Relevant Subject Headings

  • Graphic design.
  • Graphic arts.
  • Graphic arts -- Marketing.
  • Graphic arts -- Vocational guidance.
  • Design -- Graphic arts.
  • Commercial art -- Economic aspects -- Handbooks, manuals, etc.
  • Business planning.
  • New business enterprises -- Management.
  • Small business -- Management.

 

Google Books 
Google Books is a search feature offered by Google. It enables users to search the full text of approximately 10 million books that Google has scanned and stored in its digital database. It also offers previews of books that are currently still in print.

Worldcat 
A global catalogue of library collections from various libraries around the world. You can search for books on business planning, new enterprises, start-ups, or your specific industry. You can search for all the locations with copies of a specific item, and then locate the item in a nearby library. In Worldcat, you can also view research articles and other digital content directly online.

 

Search for an item in libraries near you:
WorldCat.org >>

 

illume
A search portal to BC's post-secondary and public library collections (93 libraries). 

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Find Business Plans

Find Business Plans

Find Business Plans

In the page below you will find examples of successful business plans. Researching your business plan can be a very time-consuming experience, but it is an essential and worthwhile investment. Your business plan will become your most important day to day operating tool. The information resources and strategies in this guide will help you create an effective plan and increase your chances for business success.

Review Sample Plans for Ideas

Most books about starting a business will include examples of business plans, as well as business planning templates. In addition to books, online business resources frequently include sample business plans. Here are a few to get you started.

 

Business Plans

Bplans.com
This site offers a selection of free sample business plans, as well as articles on business planning. Bplans.com also sells business planning software.

 

Business Plans Handbook, Gale Publishing
This is a database of actual business plans written by North American entrepreneurs seeking financing for their businesses. Includes examples of many start-up business ideas. Access is available through many BC public libraries, made possible by a generous donation from the Sutherland Foundation. Affiliates of UBC can start here.

  • Enterprises, Z. (2019). Graphic Designer. In D. Craft (Ed.), Business Plans Handbook (Vol. 45, pp. 51-57). Gale. 
  • Greenland, P. (2018). Print/Copy/Design Business. In D. Craft (Ed.), Business Plans Handbook (Vol. 42, pp. 121-128). Gale. 
  • Desktop Publishing Company. (2014). In S. D. Hill (Ed.), Business Plans Handbook (Vol. 29, pp. 45-51). Gale. 
  • Greenland, P. (2022). Digital Skills Development & Career Coaching Business. In D. Craft (Ed.), Business Plans Handbook (Vol. 53, pp. 41-49). Gale. 
  • Greenland, P. (2020). Greeting Card Design Business. In D. Craft (Ed.), Business Plans Handbook (Vol. 48, pp. 61-69). Gale.

 

SCORE
SCORE is a non profit association helping small businesses. Their library includes templates for business plans, SWOT analysis, financial projections and more.

 

Other Business Plans

 

Business Plan Template And Cash Flow Forecasting Tool
Our friends at Small Business BC provide two valuable tools in one download: the first is a well-structured business plan template that will help communicate what you plan to do, and how you plan to do it, while the second is a spreadsheet you can fill in to, among other things, project costs and expenses using common line items. These tools will set you on your way to being able to present your business plan to funders. 

 

Marketing Plans

Marketing Plan Outline from Government of Canada |This Government of Canada page reviews the components of a marketing plan and why a marketing plan is necessary for your small business. 

BDC Marketing Plan Template | This comprehensive marketing plan template from BDC is for Canadian entrepreneurs specifically and includes all the important sections of a marketing plan, including an executive summary, identification of your target customer, and how you'll measure your sales.

Small Business BC - How to Write a Marketing Plan
This guide shows you how to develop a marketing plan that includes details like how you intend to meet your customers’ needs and communicate the benefits of your products or services to them. When making any decisions about market positioning, pricing, promotions, and sales, your customers should always be top of mind.

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Find Capital

Find Capital

Find Capital

In this section you will find links to information on funding for your business. No business can function without money to pay for overhead expenses and production or product costs. It is also unusual for a business founder to have the capital to fully fund their business. The sources in this section will help you consider the best source of funding for your business.

 

Other Suggestions for Obtaining Capital

With proper planning and a few resources to guide you on your way, identifying and securing capital to start and grow your business becomes a much smoother and gentler process. There are several ways to secure the capital needed to fund your business.

Government Funding

This is money that the government gives you to fund your business, based on your application to the funding grant. There are other types of government assistance you might wish to explore here: Business Grants and Financing.

Personal Savings

This involves saving your money from your current employment to invest in your business.

Personal Loans

This option means using your personal credit to secure a loan or using your personal credit card for business expenses.

Crowdfunding/Micro-Lending

Crowdfunding and micro-lending are both alternative ways of raising capital that involve having large groups of people pre-buy your product before it is launched or loan you small amounts that you can then use to finance your business.

Private Financing/Equity Financing

This type of financing comes in the form of loans from banks or individuals. It is obtained through your business’ credit availability or through providing equity in your business in exchange for money. This financing involves going into debt or giving up some control of your business.

Below, we have some resources that can help you find funding options for your business:

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Find Industry Info

Find Industry Info

Find Industry Info

Conduct Your Industry Research

  • Find information specific to your industry to help you succeed
  • Write your industry overview
  • Start your market analysis

 

Checklist

  • What are NAICS or SIC codes for the graphic design industry?
  • What are the risks, trends, opportunities and outlooks for the graphic design industry?
  • What is the forecast for the graphic design industry? What trade associations, magazines, agencies and websites are connected with the graphic design industry?
  • Have there been regulatory or technological changes in the graphic design industry that could affect my business?

TIP: Make a note of any questions you have, the resources in this section can help you answer these and complete the checklist.

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Industry Codes (NAICS)

Industry Codes (NAICS)

Industry Codes: The North American Industry Classification System (NAICS)

At the start of your research, it may not be clear what specific industry you should be examining. A good strategy is to find out if your business idea is classified in an industrial classification system. These systems organize industries by assigning them a numeric code. The most commonly used system is the North American Industry Classification System (NAICS). Once you know your Industry Classification Code you can use this number to:

  • Find industry-specific statistics on government websites or in library databases
  • Generate lists of competitors in company directories

Another common classification system is the Standard Industry Code (SIC). NAICS have mostly replaced the SIC, but the SIC is still used by some commercial databases. Finding and using these classification systems to effectively search can be tricky, so don't hesitate to ask a librarian for help.

Start With These Suggestions

Type

Code

Description

NAICS

54

Professional, Scientific and Technical Services

NAICS

541430

Graphic Design Services

SIC

73

Business Services

SIC

7336

Commercial Art and Graphic Design

​​

Search or browse all NAICS or SIC codes on the NAICS Association website. Some NAICS codes are different in Canada — you can search by keyword or browse Canadian NAICS codes at Statistics Canada or Canadian Industry Statistics. To search for a SIC code using a NAICS code and vice versa, use the NAICS & SIC Crosswalks.   

For more information about planning your industry research, including identifying your industry codes, check out the video tutorial for Module 3: Planning Your Industry Research.

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Library Databases

Library Databases

Library Databases

The Expensive World Of Business Information

Believe it or not, you cannot find everything on Google! Have you ever done an online search and found the perfect industry report only to find that it costs over $5,000? Did you know that libraries pay for many expensive databases that could be helpful in your secondary market research? 

Search engines like Google can only provide direct access to freely available information. Most of the web, including business information, lives in databases behind expensive paywalls. This paywall-protected section of the Internet is known as the deep web. Fortunately, some libraries pay to subscribe to databases so they can provide free access to their patrons — and many business databases can contain useful information such as articles, market research, and company reports.

There are several strategies you can use to access relevant business information on the deep web. First, we urge you to look up what business resources your local public or academic library can provide access to. Each database has its own arrangement, with unique interfaces and search features. It helps to know the structure and search terms of the specific database you are working with in order to retrieve effective results. 

Also, it is important to know that library databases are restricted by specific usage agreements. It can help to consult with a librarian if you have trouble navigating a specific database. They may also be able to help you find comparable information elsewhere. Libraries with robust business collections might have useful e-books, directories and trade journals. As you conduct your secondary market research you will likely need to consult both free and deep web resources.

For more information about how and why to use business databases, check out our video tutorial, Module Four: Conducting Your Industry Research.


 

UBC Library Business Databases

How to access: If you are a UBC student, staff, faculty or in-person library visitor you may have access to business databases through the David Lam Management Research Library and Canaccord Learning Commons through the links below.

Full Listing By Title or Full Listing By Subject

There are two different ways to identify databases: Use "by title" if you already know the name; otherwise you can search the list "by subject" to find starting places for undertaking market research, finding articles or researching companies. To learn more about how you can access library resources if you are a community user or temporary visitor, check out the UBC Library Community Users & Visitors Guide. Community users and temporary visitors may have additional access restrictions to specific databases because of license agreements.

 

Provincial Library Database Partners

How to access: Check out the database list and note the License Participants to find out which institutions have access. Otherwise, contact your local post-secondary library to see what they offer.

BC Electronic Library Network (ELN) Research Databases

ELN licenses databases with partner academic libraries. These include LexisNexis, Canadian Newsstream, Hoovers, CBCA Business, ABI/INFORM Complete and others that may be of interest to business researchers.

 

ABI/INFORM Collection

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

Created by ProQuest this database contains full-text articles from over 1,000 business magazines and journals that track business conditions, trends, management techniques, corporate strategies, and industry-specific topics.

  • A $6.3 billion global opportunity for visualization and 3D rendering software by 2026 - new research from StrategyR. (2022, Feb 23). PR Newswire. Retrieved ABI/INFORM Collection database.
  • Stock images and videos market to reach USD 7 billion by 2027. adobe, getty images, shutterstock to dominate the market - arizton. (2022, Dec 06). PR Newswire Europe Including UK Disclose. Retrieved ABI/INFORM Collection database.
  • Jennifer, O. D. (2022, Dec 28). Upwork freelancers who have earned $1 million share 5 tips for starting your business. Business Insider. Retrieved ABI/INFORM Collection database.
  • The top 30 california web design agencies of 2019, according to DesignRush: It only takes 0.05 seconds for customers to form an opinion about a brand's website. DesignRush rounded up the best website design companies in california who can build successful platforms that foster brand loyalty. (2019, Jun 14). PR Newswire. Retrieved ABI/INFORM Collection database.
  • Blain, B. (2021). Unique challenges of packaging design. Food in Canada, 81(5), 11. Retrieved ABI/INFORM Collection database.
  • Small agency campaigns of the year. (2019). Advertising Age, 90(16), 23. Retrieved ABI/INFORM Collection database.
  • The top 30 california web design agencies of 2019, according to DesignRush: It only takes 0.05 seconds for customers to form an opinion about a brand's website. DesignRush rounded up the best website design companies in california who can build successful platforms that foster brand loyalty. (2019, Jun 14). PR Newswire. Retrieved ABI/INFORM Collection database.
  • Edward S.T. Wang. (2013). The influence of visual packaging design on perceived food product quality, value, and brand preference. International Journal of Retail & Distribution Management, 41(10), 805-816. Retrieved ABI/INFORM Collection database.

 

Mergent Online

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

Provides access to US and international public company data. This database also contains data on companies that were acquired, went bankrupt, liquidated or merged out of existence from 1995 forward. Users can compare companies and export data into programs like Excel.

 

BCC Research Centre

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource. Otherwise, contact your local library to see if they provide access.

Publishes 250 reports annually that are complete with market intelligence, five-year forecasts, statistical and analytical data, key players, market share, industry structure and dynamics, and technological shifts and trends.

  • BCC Research. (2022, May). Specialized Design Services Market Global Briefing 2022 (Report Code MKB212G). BCC Research. Retrieved from BCC Research database.
  • BCC Research. (2022, May). Design, Editing & Rendering Software Market Global Briefing 2022 (Report Code MKB105H). BCC Research. Retrieved from BCC Research database.
  • BCC Research. (2021, December). 2021 U.S. Specialized Design Services Global Market Competitor Briefing 2021 (Report Code MKB212F). BCC Research. Retrieved from BCC Research database.
  • BCC Research. (2021, December). Design, Editing & Rendering Software Global Market Competitor Briefing 2021 (Report Code MKB105G). BCC Research. Retrieved from BCC Research database.
  • BCC Research. (2020, October). 2021 U.S. Graphic Designs Services Industry-Industry & Market Report (Report Code MBR1180A). BCC Research. Retrieved from BCC Research database.

 

Business Source Ultimate

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource. Otherwise, contact your local library to see if they provide access.

Includes financial data, books, videos, company profiles, SWOT analyses, industry profiles, country reports, market research reports and case studies. Also includes information on industry trends, forecasts, outlooks, competitors, how to run a specific business and much more.

  • Anderson, T. (2017). Graphic Design III: Beyond just business. Alaska Business Monthly, 33(8), 14–19.
  • Barnes Reports: GRAPHIC DESIGNS SERVICES INDUSTRY (NAICS 54143). (2022). United States Graphic Designs Services Industry Capital & Expenses Report, 1–222.
  • Barnes Reports: GRAPHIC DESIGNS SERVICES INDUSTRY (NAICS 54143). (2021). United States Graphic Designs Services Industry Capital & Expenses Report, 1–222.

 

First Research Industry Profiles

How to access: If you are a UBC student, staff, or faculty you can access many of these reports through ABI/INFORM and/or Business Market Research Collection (Proquest).

Covers over 900 industry segments. Updated on a quarterly basis, these industry profiles contain critical analysis, statistics and forecasts to help you engage key prospects, coach key clients, and deepen customer relationships. You can search for reports by NAICS, SIC or keyword or browse by category.

  • Graphic design services - quarterly update 11/7/2022. (2022). Fort Mill, South Carolina: Mergent. Retrieved from ABI/INFORM Collection; Business Market Research Collection.
  • Graphic design services - quarterly update 8/8/2022. (2022). Fort Mill, South Carolina: Mergent. Retrieved from ABI/INFORM Collection; Business Market Research Collection.

 

IBISWorld Industry Reports

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

IBISWorld research is an independent, professional publisher of high-quality market research reports. These reports analyze the underlying structure and external forces that drive an industry.

  • DellaCamera, C. (2022, September). Graphic Designers in Canada: Industry report 54143CA. IBISWorld. Retrieved from IBISWorld Database.
  • Ristoff, J. (2022, June). Graphic Designers in the US: Industry report 54143. IBISWorld. Retrieved from IBISWorld Database.
  • McGrath, S. (2022, June). Global Graphic Designers: Industry report L6723-GL. IBISWorld. Retrieved from IBISWorld Database.

 

Marketresearch.com/Freedonia Focus

How to access: Check your local public or academic library to see about access. If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

While you can search this website only some Canadian libraries provide full-text access to the market research reports on industries and demographics for North American industries. They can range from 50 to 400+ pages in length, and contain charts, tables, and graphs, and key facts. Marketresearch.com has varied industry coverage and includes US and international information.

  • Freedonia Focus Reports. (2022, August). IT Services: United States. Marketresearch.com Academic. Retrieved from Marketresearch.com Academic database.
  • Packaged Facts. (2018, June). Pet Product Packaging Innovation. Marketresearch.com Academic. Retrieved from Marketresearch.com Academic database.

 

Business Market Research Collection (Proquest)

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

Business Market Research Collection brings together four sources to help students more easily conduct the research they need to produce business plans, marketing plans, startup plans, market growth analysis, and strategic and financial plans. Includes access to: Hoover's Company Profiles, OxResearch, Barnes Reports, and the older Snapshots Series, which includes market research overviews on over 40 industries and 40 countries to 2008.

  • Graphic design services - quarterly update 12/14/2020. (2020). Fort Mill, South Carolina: Mergent. Retrieved from Business Market Research Collection.
  • Commercial printing - quarterly update 10/31/2022. (2022). Fort Mill, South Carolina: Mergent. Retrieved from Business Market Research Collection.

 

Statista

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

A simple to use statistics portal that integrates statistics from thousands of sources, on topics related to business, media, public policy, health and others. Statistics can be exported in PPT, XLS, PDF, and PNG formats. Some basic content available for free.

  • Statista Research Department. (2022, September). Number of design employees in the United States as of 2021, by occupation [Chart]. Retrieved from Statista database.
  • Statista Research Department. (2021, September). Industry revenue of “graphic design services“ in the U.S. from 2012 to 2024 (in billion U.S. Dollars) [Chart]. Retrieved from Statista database.
  • Statista Research Department. (2016, February). Operating revenue of graphic design services (NAICS / SCIAN 54143) in Canada from 2008 to 2020 (in millions) [Chart]. Retrieved from Statista database.

 

WARC: World Advertising Research Center

How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

WARC has case studies from major companies and advertising agencies, as well as articles from leading advertising journals and unpublished papers. It also includes company profiles, advertising spending statistics, and demographic and economic data.

  • Ewer, K. (2017, September). How to use design in today's fragmented media mix. Retrieved from Warc database.

 

Newspapers and News Sources - UBC Library Research Guide

How to access: The guide can be viewed through the link below. Individual resources and databases will have different access requirements.

UBC Library has an excellent collection of current and historical newspapers from B.C., Canada, and around the world. UBC affiliates will have access to these resources.

  • stackcommerceandrewuh. (2021). This is how artists are meeting the growing demand for graphic designers in canada. Retrieved from Canadian Newsstream.
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Industry News

Industry News

Industry News

In this section we have gathered some of the most popular information sources, such as trade journals, magazines, blogs, and association websites. Industry information is always changing. For the latest news, current issues and popular opinions, try following one or more of these sources. In addition, interacting with the websites that provide this information through commenting and asking questions may also provide you with more information.

 

Associations

Trade associations often publish free industry newsletters that are excellent sources of information for your business plan. Such newsletters often have articles that cover in-depth topics on business management, manufacturing practices, how-tos, and current industry news.

Canadian Associations

Design Professionals of Canada (DesCan) | Canada's national certification body for graphic and communication design. DesCan is a membership-based organization of designers, students, and educators.

RGD | Canada's largest professional Association for graphic design professionals. It hosts conferences and events for creative professionals, provides mentorship opportunities, and produces a survey of Canadian creative industry salaries.

International Associations

AIGA | The profession’s oldest and largest professional membership organization for design AIGA aims to enhance professional development through enriching learning opportunities at all levels.

International Council of Design | With its headquarters in Montreal, Canada, this international council’s mission is to increase the recognition of the value of design, to elevate the global standards of all design disciplines, and to improve the situation of individual designers.

The Society for Experiential Graphic Design (SEGD) | The Society for Experiential Graphic Design is a multidisciplinary community of professionals who plan, design, and build experiences that connect people to place. SEGD holds an annual conference and other educational symposiums and events.

Design Business Association (DBA) | A UK based association, Design Business Association was founded in 1986 as a trade association for all those working in the field of design, supporting them and championing the transformative power of design. The DBA membership consists of over 350 design consultancies and design-driven businesses including many of the brightest and most respected names.

 

Magazines & Trade Journals

Trade associations often publish free industry newsletters that are excellent sources of information for business planning. Such newsletters often have articles that cover in-depth topics on business management, manufacturing practices, how-tos, and current industry news.

Applied Arts Magazine | Canada's premier magazine of the visual communication arts. Published twice per year.

Communication Arts Magazine | The leading trade journal for visual communications showcasing graphic design, illustration, photography, and interactive design. Published 6 times per year.

Graphic Design USA | Published 6 times per year this magazine shares news, ideas, people, projects, trends and information for and about the professional graphic design and creative community.

 

Consultant & Other Websites

MarketWatch - Industry Analyzer | The Industries section contains current data on Dow Jones Industry Sectors. Aggregate data as well as company-specific data is available.

PriceWaterhouse Coopers Canada (PwC) | Global consultancy firm that produces reports on the state of various industries.

Firsthand | A free source of industry information. Use the Industry Profiles to research growing industries and best industries by major, and Company Rankings and Profiles to find news, company information, and industry-specific sample professions. Basic monthly membership is free and offers access to blogs, discussion forums, and job listings.

Skilled Immigrant InfoCentre | This free resource created by the Vancouver Public Library is an online and in-person resource that helps newcomers to Canada find information to get a job, explore different careers or start a business.

 

Blogs & Discussion Forums 

Creative Bloq | Art and design inspiration, advice, and news. Also features product reviews that will appeal to graphic designers of a variety of experience levels.

Design Week | The latest graphic design news, views, and inspiration. Business-related topics include financing, networking, and pitching.

The Design Blog | Daily inspiration featuring works from graphic designers and studios all over the world. Topics include branding, logo design, and typography.

Graphic Design Forum | GDF is one of the largest graphic design forums with over 20,000 members. They cover a variety of graphic design topics, including business issues, software, and recommended resources.

 

TIP: As with all sources, news articles and blogs should be carefully evaluated. For information on how to evaluate your information, watch video tutorial Module Five: Using Information Responsibly.

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Government Websites

Government Websites

Government Websites

In this section we have gathered some of the most reliable freely available online government and employment websites for you to use in your research.

 

Canadian Websites

BC Stats Current reports and statistics from British Columbia's central statistical agency including labour market information, economic statistics and bankruptcies. Start by searching their Industry section and narrowing by industry type or go to the Business, Industry & Trade page to skim all the different business-related topics.

 

Government of Canada - Business and Industry | The Government of Canada's comprehensive page for business and industry guides you through important information on starting a business. You will find necessary permits and information on tax and regulation, as well as advice on how to protect your intellectual property through copyright or trademark, a primer for selling to the federal government, information on importing and exporting goods, and advice on managing and protecting your business operations. 

 

Statistics Canada Data | Formerly known as CANSIM, Statistics Canada's key socioeconomic database is updated daily. It is free to search the data tables.

 

Canadian Industry Statistics (CIS) - Industry Canada | CIS analyses industry data on many economic indicators using the most recent data from Statistics Canada. CIS looks at industry trends and financial information, such as GDP, Labour Productivity, Manufacturing and Trade data.

 

City of Vancouver’s Open Data Portal

How to access: The guide can be viewed through the link above and is free to use.

The Government of Canada routinely collects vast quantities and kinds of information on a diverse spectrum of topics. Now the City of Vancouver is making this information available to the public in a single concise searchable portal called Open Data 101. This data is accessible to the public and structured in an easy to understand format.

 

Innovation, Science, and Economic Development Canada
Provides market research, industry statistics, licensing information for intellectual property, and information about doing business internationally. The Industry Canada site features interactive applications such as customizable trade reports, cost calculators, and online business planning guides. You can also search broad Canadian industry statistics.

     

    The Daily - Statistics Canada
    The premier source for Canadian statistical information, including census information. Search 'The Daily' releases by subject to identify corresponding census tables, latest news, and publications. Similarly, you can browse by data source, including surveys & questionnaires relevant to your market research, which also link to census tables, latest news and publications.

     

    WorkBC | Find current employment outlooks, labour market information, relevant links, and a geographic representation of the BC workforce. Start by searching your Industry Profile.

     

    US & International Websites

    Small Business Administration: Free Small Business Data
    This site is created and managed by the US Small Business Administration (SBA) and provides a list of free sources of information that you can use to obtain data about markets in the US.

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    Regulations

    Regulations

    Regulations

    Learn More About Compliance Issues

    When it comes to starting a business, one of the first decisions you need to make is the legal structure of your business - sole proprietorship, partnership, limited liability partnership, or limited company. You'll also need to register your business and you'll need to be aware of many municipal, provincial or federal regulations. The websites in this section will help you.

    Innovation, Science and Economic Development Canada - Permits and Licenses Search

    Search for the permits and licenses applicable to your industry and location to meet all federal, provincial and municipal regulations.

     

    General Business Resources

    BizPaL
    This is the one-stop website to assist Canadian businesses that are just starting up, or expanding into new areas. BizPaL asks you a short series of questions about the nature and scope of your current or proposed business. Based on your answers, BizPaL provides you with a customized list of government permits and licences that you may require to operate your business. All of the information that you provide is kept anonymous, and you may save or print your results for future reference.

     

    Canada Revenue Agency - Business
    This section of the Canadian federal tax agency's website contains important taxation and documentation requirements that businesses operating in Canada must adhere to.

     

    Small Business BC (SBBC)
    SBBC is a great place to start for information on BC specific regulations and guidelines, for whatever stage you are in your business development. This is a great post on the topic.

     

    The Province of British Columbia
    Provides information on programs and resources available to small business owners in British Columbia. Includes information on taxes and industry regulations. Start with the Permits, Licences & Registrations section.

     

    BC Business Registry

    British Columbia's online Business Registry is a self-serve application allowing small business owners to complete provincial registrations or incorporations of their business, file name requests on behalf of their business, and store maintenance filings required by British Columbia. Anyone with a BC Registries account may also search for existing businesses and clients, providing access to business information and filings for co-operatives, benefit companies, sole proprietorships, and general partnerships. Use the Business Structures Wizard to help you!

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    Find Competitive Info

    Find Competitive Info

    Find Competitive Info

     

    Conduct Your Competitive Research

    • Gather and analyze competitive information
    • Define your competitive edge 
    • Use benchmarking tools to create your financial analysis
    • Find competitor information for your own organizational plan

     

    Checklist

    • Who are my direct or indirect competitors? Where are they located?
    • Who are the leading companies in the graphic design and what can I learn from them (e.g., what were their revenues)?
    • Are my competitors publicly traded and would their financial filings help me plan my own business?
    • What are my competitors’ strengths and weaknesses and how can I add unique value?
    • Has there been any news coverage on my competitors announcing a new product, marketing strategy or personnel changes that can provide insight into my business planning?

    TIP: Make a note of any questions you have, the resources in this section can help you answer these and complete the checklist.

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    Tips on Company Research

    Tips on Company Research

    Tips on Company Research

    An in-depth investigation and analysis of your competition is one of the most important components of a comprehensive market analysis. A competitive analysis allows you to assess your competitors' strengths and weaknesses in the marketplace, and to implement effective strategies to improve your competitive advantage. Here are some research strategies for doing your competitive analysis:

    • Company directories can be used to create lists of competitors by industry, product line, size, etc.
    • Doing a company name search in a general research database is an excellent way to learn more about your competitor’s products, services, prices, and media coverage.
    • If your competitors are public companies, learn more about them by reading their financials and annual reports.
    • News archives provide a range of competitive information on both public and private companies.
    • Patents are a good way to learn about the technical and design features of a competitor's products. You can refer to this UBC Library Research Guide, created by UBC Engineering Librarians, if you are looking for patent information. Most of the resources listed are freely available.

    For information on primary and secondary market research, as well as common sources for secondary market research, watch our video tutorial Module One: Introduction To Market Research.

    Finding information on public companies is considerably easier than finding information on privately-held companies. Information on public companies is readily available online, or at your local library. Another good starting point is the list of resources in the next section of this Accelerator Guide: Find Competitors. Unlike public companies, private companies are not required to file with the System for Electronic Document Analysis and Retrieval (SEDAR). Searching for private company information is considerably more difficult and will require a lot of patience, and a healthy dose of creativity. 

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    Find Competitors

    Find Competitors

    Find Competitors

    Learning About Competitors

    To create a list of competitors and find basic information about them (e.g. number of employees, contact information) you will need to consult business directories. Many directories are available online for free, while others are fee-based commercial databases. You can find directories that are particular to an industry or geography. Your local library will likely have a good collection of directories that you can consult in person.

    For further information about secondary market research, see our video tutorial Module Two: Secondary Market Research for Industry Analysis.

    If you know of some public companies in your industry, then annual reports can provide a great deal of useful financial information including sales volume, revenue increases, and total market share. You can search the System for Electronic Document Analysis and Retrieval (SEDAR) for Canadian Company filings. If the competitor you are researching does business in the US, then you search the Security and Exchange Commissions equivalent, EDGAR, which provides free public access to corporate information including financial information and operations by reviewing registration statements, prospectuses and periodic reports filed on Forms 10-K and 10-Q. You also can find information about recent corporate events reported on Form 8-K that a company does not have to disclose to investors. You can use advanced search features to search by Standard Industry Classification (SIC) codes.

     

    Free Business Directories

    CanadaOne - Canadian Business Directory
    CanadaOne has a directory of over 20,000 Canadian businesses.

    Federal Corporations Data Online 
    Free searchable database of federally incorporated/registered companies.

    Frasers
    A comprehensive industrial directory and search tool, with information on products and services provided by Canadian industrial wholesalers, manufacturers, and distributors. You can search by product name, company name, or brand name.

    D&B Hoovers
    Provides information on 18 million US and international companies, both public and private. D&B Hoovers' reports are generated quickly, and are easy to read. A fair amount of information is provided for free, but much more is available with a paid subscription. If you know the company name or ticker symbol of any of the key players in your industry, try searching for their Hoovers records to find key information. Use the link above for free information or contact your local library to see if they provide access. Affiliates of UBC may have access


     

    Proprietary Business Directories

    Business in Vancouver, Book of Lists
    Comprehensive collection of BC business data compiled annually as the popular BIV Book of Lists. Provides data on over 1000 companies including: websites, phone numbers, e-mail addresses, top executives' names, company age, revenues, profits and much more. UBC affiliates and in-person community researchers can obtain access to a print version (here are details on how to locate it) or you can get your own online subscription.

     

    Mergent Online
    Provides access to detailed information on US and international companies. Data can be compared and exported into software applications such as Excel. Affiliates of UBC can learn more and get access.

     

    The Blue Book of Canadian Business
    Detailed profiles for over 60 Canadian corporations, including missions/values, history, operations, social responsibility and executive biographies. Also contains directory type information for 2,500 Canadian companies, a ranking of the top 500 companies and a list of the top 400 Canadian stocks. UBC affiliates and in-person community researchers can obtain access to a print version of this periodical (here are details on how to locate it at UBC in Vancouver).

     

    Reference Canada
    Provides information on more than one million businesses throughout Canada. Includes name, address, phone number, contacts, number of employees, annual sales volumes, line of business, and credit rating. Vancouver Public Library subscribes to this online directory so check with your local library about access.

     

    UBC Library Business Databases

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you may have access to business databases through the David Lam Management Research Library and Canaccord Learning Commons through the links below.

    Full Listing By Title or Full Listing By Subject

    There are two different ways to identify databases: Use "by title" if you already know the name; otherwise you can search the list "by subject" to find starting places for undertaking market research, finding articles or researching companies. To learn more about how you can access library resources if you are a community user or temporary visitor, check out the UBC Library Community Users & Visitors Guide. Community users and temporary visitors may have additional access restrictions to specific databases because of license agreements.

     

    Mapping Your Competitors

    Online maps such as Google Maps or Bing Maps and popular directories such as Yelp are a fast way to locate nearby competitors, and to get a better sense of the region your business operates within. Try searching for the name of your product or industry and narrowing your results by focusing the map on a specific location, such as a city or neighborhood.

    SimplyAnalytics

    This is an Internet-based mapping application that enables users to develop interactive thematic maps and reports using thousands of demographic, business, and marketing data variables. Check your local public or academic library for access. UBC affiliates can learn more and get access.

     

    Trade Shows

    Attending trade shows is an excellent way to learn more about your competitors. Contact local associations or read trade publications to find out what trade shows are coming to your community.

    10Times.com | The largest worldwide online directory of trade fairs, business exhibitions, trade shows, conferences, and seminars for various industries. Search for trade shows by industry, country, date, organizer, or venue.

    Design Thinkers | This annual conference is for the global design community to explore the many ways that design questions tomorrow. Design Thinkers is held in Vancouver and Toronto.

    How Design | How Design Live is a  three day event offering the creative inspiration to refuel your passion combined with the practical knowledge you need to achieve and advance in your career through incredible breakout sessions, keynotes, and workshops.

    kristen

    Find Financial Benchmarks

    Find Financial Benchmarks

    Find Financial Benchmarks

    One thing you will need to do in the financials section of your business plan is discuss how you will price your products and/or services, and how this compares to your competitors. You will need to develop a financial plan that includes your projected revenues and net income. The following resources will help you find financial information on competitors in your industry.

     

    Free Tools for Finding Financial Info

    EDGAR
    Filings with the US Securities & Exchange Commission by companies listed on US exchanges. 10-K Forms include detailed information on company history, structure, financial statements, and other relevant data.

     

    SEDAR
    A collection of corporate filings that are required by securities regulators, from companies operating in Canada. This website is an excellent source for information about a company's plans, competitive environment, markets, products, and assets. SEDAR is the Canadian equivalent of EDGAR.

     

    Finding Benchmarks & Ratios

    Ratios are tools that allow you to plan and assess your company's progress over time, and to compare it to other companies in the same industry. There are diferent kinds of ratios, including operating ratios, financial ratios, performance indicators, and benchmarks.

     

    Financial Performance Data (formerly SME Benchmarking Tool)
    Tool for benchmarking your financial reports with others in your sector. Website also includes a collection of financial data and annual reports of various Canadian companies. For instructions on using the Financial Performance Data click here. To create a report using Financial Performance data click here.

    TIP: Remember to search using your NAICS code (eg. 54143) 

     

    Financial Performance Indicators for Canadian Business
    Offers current financial ratios by industry, based on data provided by Statistics Canada. The indicators are designed to serve as financial performance benchmarks against which individual firms and industries can be compared. Affiliates of UBC, UNBC, UVic and SFU have access through Abacus Dataverse. If you are visiting, please contact your local library about access.

     

     

    Proprietary Tools For Finding Financial Info

    UBC Company Research Guide
    This research guide was created by UBC business librarians. Follow this link to go directly to the section of the guide that features various UBC Library electronic resources that are recommended for searching for financial information on competitors, such as credit rankings, stock prices and investment analyst reports. You can explore the navigation on the right-hand side to find more recommended research sources on the general topic of company research.

     

    Library Resources

    Access to the following sources may be available through your local public or academic library. For information on how to obtain a library card, and for additional information on using libraries in BC, please visit our Getting Access to Library Resources page.

     

    Mergent Online
    Provides access to detailed information on US and international companies. Data can be compared and exported into software applications such as Excel. Affiliates of UBC can learn more and get access.

     

    Tools For Calculating Your Own Financials

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    Market Share & Size

    Market Share & Size

    Market Share & Size

    Both market size and market share held by competitors are key factors when assessing the competitive environment. Keep in mind that there is no single source of market size and market share data. Market information is usually pieced together from various sources and is not often readily available for niche or emerging industries. One strategy is to combine a competitor's name or a comparable, established industry with the term market share in article databases or read market research reports. You will need to identify and describe your market – who your customers are and what the demand is for your products and services.

     

    UBC Library Business Databases

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you may have access to business databases through the David Lam Management Research Library and Canaccord Learning Commons through the links below.

    Full Listing By Title or Full Listing By Subject

    There are two different ways to identify databases: Use "by title" if you already know the name; otherwise you can search the list "by subject" to find starting places for undertaking market research, finding articles or researching companies. To learn more about how you can access library resources if you are a community user or temporary visitor, check out the UBC Library Community Users & Visitors Guide. Community users and temporary visitors may have additional access restrictions to specific databases because of license agreements.

     

    Library Resources

    Access to the following sources may be available through your local public or academic library. For information on how to obtain a library card, and for additional information on using libraries in BC, please visit our Getting Access to Library Resources page.

     

    ABI/INFORM Collection

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

    Created by ProQuest this database contains full-text articles from over 1,000 business magazines and journals that track business conditions, trends, management techniques, corporate strategies, and industry-specific topics.

    • The graphic design market to witness huge growth of USD 75.8 billion by 2029 with CAGR 4.5% says adroit market research: The graphic design market meanwhile, uses primary markets, product segments, applications, and geographical research to reflect detailed growth prospects, the industry climate, and industry shares. (2022, Oct 27). NASDAQ OMX's News Release Distribution Channel. Retrieved from ABI/INFORM Collection.
    • Graphic design services - quarterly update 4/18/2022. (2022). Fort Mill, South Carolina: Mergent. Retrieved from ABI/INFORM Collection.
    • Graphic design services - quarterly update 1/31/2022. (2022). Fort Mill, South Carolina: Mergent. Retrieved from ABI/INFORM Collection.
    • The 10 graphic designers to watch in 2021. (2021, Jan 05). NASDAQ OMX's News Release Distribution Channel. Retrieved from ABI/INFORM Collection.
    • Rivergate marketing expands offerings with graphic design services for B2B clients in engineering and technology: With an experienced graphic designer on staff, rivergate marketing now offers comprehensive design services, complementing the company's digital marketing service offerings for clients. (2021, Jun 17). PR Newswire. Retrieved from ABI/INFORM Collection.
    • Spina, C. (2020). Accessible and engaging graphic design. Public Services Quarterly, 16(3), 194-199. Retrieved from ABI/INFORM Collection.
    • Aycock, A. (2020, 09). What info pros should know about graphic design. Information Today, 37, 18-19. Retrieved from ABI/INFORM Collection.

     

    BCC Research Centre

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource. Otherwise, contact your local library to see if they provide access.

    Publishes 250 reports annually that are complete with market intelligence, five-year forecasts, statistical and analytical data, key players, market share, industry structure and dynamics, and technological shifts and trends.

    • BCC Research. (2020, October). 2021 U.S. Graphic Designs Services Industry-Industry & Market Report (Report Code MBR1180A). BCC Research. Retrieved from BCC Research Database.
    • BCC Research. (2020, November). Specialized Design Services Investment Competitor Outlook 2020: Covid 19 Impact and Recovery (Report Code MKB212E). BCC Research. Retrieved from BCC Research Database.

     

    Business Source Ultimate

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource. Otherwise, contact your local library to see if they provide access.

    Includes financial data, books, videos, company profiles, SWOT analyses, industry profiles, country reports, market research reports and case studies. Also includes information on industry trends, forecasts, outlooks, competitors, how to run a specific business and much more.

    • Montgomery, A. (2016). What does the design industry look like? Design Week (Online Edition), 1. Retrieved from Business Source Ultimate database.
    • There’s no limit to business branding. (2022). Business Weekly (Knowledge Bylanes), N.PAG. Retrieved from Business Source Ultimate database.
    • Banes Reports: GRAPHIC DESIGNS SERVICES INDUSTRY (NAICS 54143). (2022). United States Graphic Designs Services Industry Capital & Expenses Report, 1–222. Retrieved from Business Source Ultimate database.
    • Barnes Reports: Graphic Designs Services Industry (NAICS 54143). (2022). United States Graphic Designs Services Industry Report, 1–196. Retrieved from Business Source Ultimate database.
    • Barnes Reports: Graphic Designs Services Industry (NAICS 54143). (2022). Worldwide Graphic Designs Services Industry Report, 1–140. Retrieved from Business Source Ultimate database.

     

    eMarketer

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource. Or, contact your local public or academic library for their access details.

    Global market research and trend analysis database that focuses on Internet, e-business, online marketing, media, and emerging technologies.

    • Konstantinovic, D. (2022, August). AI art could change advertising forever, but it’s not there yet. Retrieved from eMarketer.

     

    IBISWorld Industry Reports

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

    IBISWorld research is an independent, professional publisher of high-quality market research reports. These reports analyze the underlying structure and external forces that drive an industry.

    • DellaCamera, C. (2022, September). Graphic Designers in Canada: Industry report 54143CA. IBISWorld. Retrieved from IBISWorld database.
    • Ristoff, J. (2022, June). Graphic Designers in the US: Industry Report 54143. IBISWorld. Retrieved from IBISWorld database.
    • McGrath, S. (2021, May). Global Graphic Designers: Industry Report L6723-GL. IBISWorld. Retrieved from IBISWorld database.

     

    Marketresearch.com/Freedonia Focus

    How to access: Check your local public or academic library to see about access. If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

    While you can search this website only some Canadian libraries provide full-text access to the market research reports on industries and demographics for North American industries. They can range from 50 to 400+ pages in length, and contain charts, tables, and graphs, and key facts. Marketresearch.com has varied industry coverage and includes US and international information.

    • Freedonia Focus Reports. (2022, August). IT Services: United States. Marketresearch.com Academic. Retrieved from Marketresearch.com Academic database.
    • Packaged Facts. (2018, June). Pet Product Packaging Innovation. Marketresearch.com Academic. Retrieved from Marketresearch.com Academic database.

     

    Mergent Online

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

    Provides access to US and international public company data. This database also contains data on companies that were acquired, went bankrupt, liquidated or merged out of existence from 1995 forward. Users can compare companies and export data into programs like Excel.

    kristen

    Find Customer Info

    Find Customer Info

    Find Customer Info

    Conduct Your Customer Research

    • Create your customer analysis
    • Identify your target customer
    • Demonstrate how your products and services satisfy your customers' needs

     

    Checklist

    • Who is going to buy my services (e.g. couples, parents, other businesses)
    • What is the future outlook of my target market?
    • What do people spend on this industry?
    • What is demographic data and how can it help me research my customers
    • How many people use industry services each year in Canada and British Columbia?

    TIP: Make a note of any questions you have, the resources in this section can help you answer these and complete the checklist.

    kristen

    Demographic Data

    Demographic Data

    Demographic Data

    The resources listed in this section will help you identify population characteristics, and help you develop your customer profile. This research will also help you identify geographic areas where the largest number of your potential customers live. This can be very useful when determining a location for your business, and also when formulating your marketing strategy. Don't forget that trade associations and trade journals collect information about customers and can be great information sources for this area of your research.

     

    Statistics Canada Data | Formerly known as CANSIM, Statistics Canada's key socioeconomic database is updated daily. It is free to search the data tables.

     

    The Daily - Statistics Canada
    The premier source for Canadian statistical information, including census information. Search 'The Daily' releases by subject to identify corresponding census tables, latest news, and publications. Similarly, you can browse by data source, including surveys & questionnaires relevant to your market research, which also link to census tables, latest news and publications.

     

    Canadian Household Spending - Statistics Canada
    Statistics Canada is the national statistical office. The agency ensures Canadians have the key information on Canada's economy, society and environment that they require to function effectively as citizens and decision makers.

    This table provides statistical information about household expenditures by Canadians broken down into a variety of categories. You can refine the table by region. You can view the full list of data tables here

     

    Census Profile - Statistics Canada
    Provides Canadian community profiles from the latest Census of Canada. These profiles are very useful for comparing statistics on different municipalities or regional districts. Includes details on family characteristics, primary language, mobility, educational attainment, marital status, labour force activity, earnings, and mode of transportation to work.

    Find latest data from the 2016 Census


    Search type

     

    Thanks to Catie Sahadath at the University of Ottawa Libraries for building this widget.

     

    Socio-Economic Profiles - BC Stats
    The socio-economic profiles consist of charts and tables for the various regional districts, health areas, college regions and school districts. Each region contains a map, demographic profile, economic hardship, labour market structure, education concerns, crime, health problems, children at risk, and youth at risk. The profiles are presented in a format that allows comparison to other regions in the province and to BC overall.

    kristen

    Your Target Market

    Your Target Market

    Your Target Market

    Library Resources

    Access to the following sources may be available through your local public or academic library. For information on how to obtain a library card, and for additional information on using libraries in BC, please visit our Getting Access to Library Resources page.

    Marketresearch.com/Freedonia Focus

    How to access: Check your local public or academic library to see about access. If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

    While you can search this website only some Canadian libraries provide full-text access to the market research reports on industries and demographics for North American industries. They can range from 50 to 400+ pages in length, and contain charts, tables, and graphs, and key facts. Marketresearch.com has varied industry coverage and includes US and international information.

    • Freedonia Focus Reports. (2022, August). IT Services: United States. Marketresearch.com Academic. Retrieved from Marketresearch.com Academic database.
    • Packaged Facts. (2018, June). Pet Product Packaging Innovation. Marketresearch.com Academic. Retrieved from Marketresearch.com Academic database.

    WARC: World Advertising Research Center

    How to access: If you are a UBC student, staff, faculty or in-person library visitor you can access this resource.

    WARC has case studies from major companies and advertising agencies, as well as articles from leading advertising journals and unpublished papers. It also includes company profiles, advertising spending statistics, and demographic and economic data.

    • Ewer, K. (2017, September). How to use design in today's fragmented media mix. Retrieved from WARC database.
    • Seddon, J. (2016, November). How to measure design’s contribution to business growth. Retrieved from WARC database.

     

    Public Opinion Polls

    Roper Center for Public Opinion
    Preserves the data from polls conducted by many leading survey organizations for the use of researchers, students, and journalists. Includes a section on how to analyze polls. Only for those affiliated with UBC.

     

    Primary Research

    The main point of this guide is to introduce you to a wide range of secondary market research resources but keep in mind there is great value in analyzing other information including:

    • Advertising, blogs and sales brochures
    • Your personal network and employees
    • Direct observation, focus groups and interviews with potential customers

    The Daily - Statistics Canada
    The premier source for Canadian statistical information, including census information. Search 'The Daily' releases by subject to identify corresponding census tables, latest news, and publications. Similarly, you can browse by data source, including surveys & questionnaires relevant to your market research, which also link to census tables, latest news and publications.

    kristen