The new database Gale Small Business Builder is a step-by-step online planning tool for starting, managing and optimizing a business or nonprofit. The program’s intuitive dashboard walks users through five areas of exploration in order to develop a business plan focused on long-term success. For patrons exploring the idea of small business ownership, this resource provides a gradual introduction to entrepreneurial concepts and elements. For seasoned business persons or those progressing through the recommended workflow, the focus shifts toward outcome-based activities to support the management and growth of an operation, such as getting a loan, seeking investors, buying new equipment, and opening new facilities.
Gale Small Business Builder is equipped with popular, proven business planning tools and templates to assist users in creating documents and other deliverables such as a Lean Canvas, Break-Even Analysis, Lean Business Plan, a variety of financial statements, and more.
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Here’s some of what Library Journal had to say from the published review in the Oct. 1 issue:
The Small Business Builder is an improvement over the myriad business plan wizards and templates available online. Users can easily turn small business ideas, plans, and finances into a coherent foundational document and continue to rely on the database as the business evolves.
The Business Plans area supplies especially helpful, comprehensible prompts. Even more beneficial are the links to local and national organizations that provide help with writing business plans, such as SCORE, a national network of business mentors.
While numerous business plan creators and templates exist online and in print, it is refreshing to see a tool available for library and institutional use. Budding entrepreneurs will appreciate that many of the elements necessary for launching a business are all in one place.
With applications that are varied and full of potential, Gale Small Business Builder will be a welcome resource for undergraduates, instructors, and, above all, entrepreneurs at any stage of establishing a business. Educational sessions introducing the tool may garner widespread interest. Academic libraries using this resource could reach more tech-savvy students who might be left behind by drier textbook analysis.
—Brett Rohlwing is Library Branch Manager, Martin Luther King Branch, Milwaukee Public Library
Originally posted in Library Journal, Oct. 1, 2017