02. Products/Services

2.1 What are the company’s primary NAICS/SIC codes?
2.2 Summarize the principal product or service.
2.3 Provide percentages in terms of various activities.

It is impor­tant to inven­tory the full range of prod­ucts and ser­vices of the tar­get firm. Your tar­get com­pany could be involved in much more than we may ini­tially believe, espe­cially with the trend towards con­stant merg­ers and acqui­si­tions. To fully under­stand the nature of their oper­a­tions it is impor­tant to ascer­tain their cur­rent areas of activity and which area is generating the most income for the firm.

The business world uses the North American Industry Classification System (NAICS) that assigns a NAICS code to specific products and services. It replaced the older Standard Industrial classification (SIC) codes.  Canada’s Business Registries provides NAICS codes. Websites like Yahoo Finance and MSN Money also provide the primary NAICS codes for firms.

Information on products and services is also provided in the Annual Information Form (AIF) at SEDAR.

You should also consult the company web site and the company annual report (typically a glossy report for stockholders), which is distinct from their Annual Information Form.

Information on registered brand names is available at the Thomas Register. The AFL-CIO maintains the UNICORE database that includes information on corporate facilities, their location and if they are unionized information on the union in both the U.S. and in Canada. This database is only available to AFL-CIO affiliates.