Getting started with Bizminer

Bizminer

1. 1. Go to app.bizminer.com/login

   If you're an active IBBA member, you already have a Bizminer Account. If necessary, use the forgot password link to reset your password.

2. 2. Click on LETS GO

   

3. 3. Click on START RESEARCHING

   Your IBBA member benefit includes 5 report credits and 100 list credits. To start, we recommend pulling our Industry Financial Profile for a current client. This profile will provide you with an industry avg. P&L, balance sheet, industry ratios, and valuation multiples. It's great for seeing how your client's financials compare to industry peers, and for enhancing CIMs.

   

4. 4. Select an Industry

   Our Financial Profile is available for over 5,000 Industries, so take your time and make sure you find the best match. You can search by keyword, NAICS code, or by clicking on the name of a sector and going through an industry drill down.

   

5. 5. for example, type "238220"

   For example, typing in NAICS code 238220 will bring up the Plumbing and HVAC industry.

   

6. 6. Click on Plumbing, Heating, Air Conditioning Contractors [238220]

   After you find the best match, click on the name of the industry to make your selection.

   

7. 7. Click on Industry

   This will minimize the industry search drop down menu.

   

8. 8. Select a Market Area

   Next, we will want to select a market area, which can be All US, a state, or a metro area. This allows you to get industry financial data that is specific to your clients local area.

   

9. 9. for example, click "Florida"

   Click on an area to make your selection. Clicking on a state will reveal metro areas options within that state.

   

10. 10. Click on Market Area

    This will minimize the market area drop down menu.

    

11. 11. Select a Sales Class

    This is an important step, because you to compare your client to businesses of a similar size.

    

12. 12. for example, click "Small < $1-$5million"

    Select a revenue range that your client falls within.

    

13. 13. Click on Sales Class

    This will minimize the sales class drop down menu.

    

14. 14. Click on Access Now

    After our database does some calculations, you'll see an option to "Access Now"

    

15. 15. Final confirmation

    

16. 16. Industry Financial Profile download

    The profile may take 30-60 seconds to download. You'll see a "data loaded" notification pop-up and the different sections of the report along the left hand side will become active.

    

17. 17. Navigate the profile

    explore all the profile had to offer, including and industry average profit & loss statement, balance sheet, industry ratios, valuation multiples, and more.

    

18. 18. download other formats

    Use the PDF and CSV icons in the upper right corner to download/export the information in other formats.

    

19. 19. My Data

    This profile, as well as any other product you access will be stored under My Data at the bottom left corner of the web app.

    

20. 20. My Account

    Click on My Account in upper right corner to view/update account information

    

21. 21. Click on Account Activity

    This area will show your remaining report and list credits

    

22. 22. credits remaining

    If you're just starting out, you'll see 5/5 report credits remaining

    

23. 23. explore other product

    Feel free to try out other products, such as our Industry Market Profile and Valuation Report.

    

24. 24. explore analysis reports

    Please note that our analysis reports, which are indicated in purple, require user inputs. It will use your client inputs to compare the business to industry and market data.

    

25. 25. Click on Upgrade Account…

    If you use your free credits and want to upgrade, simply click the "upgrade account" button to schedule a meeting with one of our Team members. We have great subscription options available for IBBA members.

    

26. 26. Enjoy your IBBA member benefit from Bizminer!