These “Financial Reports and Financial Research Tools” can be used to:
* Find out more about your competitors
* Research a niche
* Evaluate a website prior to buying it
In terms of buying websites, if you know that your competitor is financially broke, then this gives you an edge during the negotiations.
Credit eValuator Report: The Credit eValuator Report gives information on creditworthiness and payment history. Using this tool, you’ll be able to find out if your competitor is struggling or flourishing.
Yahoo! Finance: If your competitor is a publicly traded company, you can check out stock quotes and analysis on them using Yahoo! Finance.
BusinesScope: Use BusinesScope to directly compare your financials and credit with your competitors. This report is good for a year and updated quarterly.