Many member states do not have business listing sites. For those who do, these list of companies tend to age and are characterized by a lack of regular updates. The existence of an updated business register with clearly defined frequency is important for creating a structured corporate information system. This allows you to regularly produce cyclical and structural indicators, and especially to have reliable information for the development of economic aggregates.

At the level of member states, most of these states have a catalog that is not updated due to a lack of inadequate management procedures, insufficient updates or lack of funds for sweeping operations. To support its Member States, developed a methodological document to create and manage a business directory.

This document was approved by technical experts from Member States during the workshop. It was designed to meet the increased needs of the national statistical institutes of member states, which do not always have a list of companies. It aims to provide a way to create a business directory and manage a business directory that allows users (statisticians, economists, etc.) to receive high-quality information about companies, their production, development, demography, etc. and is a training tool.

This message discusses:

  • General information about the business registry: definition, purpose, use;
  • Actions to set up a business directory: coverage field and units to be listed, search for data sources, evaluation of these sources, definition of variables that should be listed, contacts with the owners of these data sources and development of a work plan;
  • Ongoing management of the company directory: determining the sources of updating variables, determining the speed and method of updating, implementing a strategy for the sustainability of current management and introducing work at the organization site;
  • The mechanism of monitoring the demography of companies: knowledge of events affecting the life of companies, mastering the rules of the concept of continuity, accounting for events affecting the life of companies in the business registry, calculation of demographic indicators of the company.

A business directory is an exhaustive list of legally created economic units (enterprises and their institutions) operating in the national territory of a country. For each block, the catalog collects a certain amount of information to identify it, find it in the field and classify it according to the size or activity layer.

Source of information for statistical analysis of the population of the enterprise and its demography; The catalog provides the necessary information about the structure and demography of the business population. At the end of the year, countries are encouraged to assess the demographics of enterprises throughout the year.

Optimization of the use of administrative source data; Demand for economic information continues to grow, which may increase the burden of statistical surveys for enterprises. It is important to have a modern business directory to deal with these potential problems. The layout of the business catalog allows you to avoid multiple calls to the same company in order to request the same information. Statistical surveys should, first of all, try not to request information that the company has already transferred to other administrations.

Distribution tool. More and more often we feel a very strong demand from the administrations, as well as the companies themselves, for a central directory containing lists of companies with well-standardized identification data (name, address). and some criteria for ranking by size and activity. The enterprise register may open up opportunities for electronic data exchange for statistical work, for example, for the regular transfer of large amounts of data between statistical institutions, enterprises and national organizations. Thus, online directories designed for statistical purposes in Member States can play an important role in meeting these information needs. This task is made easier when companies can be identified using a unique identification number.

Creating a business directory is a long and delicate process, especially if you want to cover the entire territory of the country and get quality information. When using administrative sources to create a business directory, different steps must be taken into account.