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Data

Raw data analyzed for BizMiner reports is sourced from an array of the nation's government and private
statistical sources, including the Internal Revenue Service, various Economic Census reports, Bureau
of Labor Statistics data, commercial real estate surveys, state revenue departments, business
databases, credit reporting agencies and directories. None of these raw data sources creates the final
measures reflected in BizMiner industry profiles. In total, BizMiner accesses over a billion sourced data
points from eighteen million business operations for each of its twice annual updates covering a 3-5
year time series. Historical data and BizMiner algorithms are used to inform and test projections for
non-reporting firms. While 100% firm coverage is desirable for analysis purposes, the greatest value of
BizMiner reports rests in discerning patterns of activity, which are reflected in the large samples used to
develop our reports. The overall current coverage of the databases surpasses 12 million active business operations at any point in time.

As is the case with any databases this large, some errors are inevitable. Some firms are missed and
specific information on others is lacking from the database. Not all information received is uniform or
complete, resulting in the need to develop projection algorithms for specific industry segments and
metrics in some report series. No representation is made as to the accuracy of the databases utilized
or the results of subsequent analyses. Neither the Brandow Company nor its resellers has undertaken
independent primary research to confirm the accuracy of the data utilized in the Profile analyses. Neither
the Brandow Company nor its resellers are responsible for conclusions drawn or decisions made
based upon this data or analysis. In no event will the Brandow Company or its resellers be liable for
any damages, direct, indirect, incidental or consequential resulting from the use of the information
contained in BizMiner reports.

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