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Published online by Cambridge University Press: 01 February 2019
This article, by Claire Fox, is designed to share tools and techniques to help with business planning. It will focus on sharing real life knowledge and experience, with practical tips for developing your own business plan. It will lead to a better understanding of why a formal business plan process is crucial to helping teams prepare for the future and remain relevant and necessary to their organisations.
1 Rieva Lesonsky, ‘A Business Plan Doubles Your Chances for Success, Says a New Survey’ (Small Business Trends, last updated: 20 January 2016) https://smallbiztrends.com/2010/06/business-plan-success-twice-as-likely.html accessed 20 September 2018.
2 Brinckmann, J., Grichnik, D., and Kapsa, D., ‘Should Entrepreneurs Plan or Just Storm the Castle? A Meta-analysis on Contextual Factors Impacting the Business Planning–Performance Relationship in Small Firms.’ (2010) 25(1) Journal of Business Venturing, 24. doi: 10.1016/j.jbusvent.2008.10.007CrossRefGoogle Scholar
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4 Noah Parsons, ‘Business Planning Makes You More Successful, and We've Got the Science to Prove It’ (Bplans, undated) https://articles.bplans.com/business-planning-makes-you-more-successful-and-weve-got-the-science-to-prove-it/?_ga=2.135765559.765264959.1528213914-1620029711.1527596586 accessed 20 September 2018.
5 Richard Lannon, ‘Strategy Spotlight: 8 Tools & Techniques to Apply to Strategic Analysis & Planning’ (BA Times, 10 May 2016) https://www.batimes.com/articles/8-tools-and-techniques-to-apply-to-strategic-analysis-and-planning.html accessed 20 September 2018.
6 BIALL Annual Law Firm Survey 2015–2016 (British and Irish Association of Law Librarians, 2017) <http://biall.org.uk/wp-content/uploads/2017/07/BIALL-Annual-Law-Firm-Library-Survey-2015-16.pdf> accessed 21 September 2018.
7 Nina Platt, ‘Developing the Library Business Plan’ (Strategic Librarian, 8 August 2007) <https://strategiclibrarian.com/2007/08/08/developing-the-library-business-plan/> accessed 21 September 2018.
8 Tim Berry, ‘The Value of Business Planning Comes From the PROCESS, Not the Actual Plan’ (Business Insider, 8 June 2010) <http://www.businessinsider.com/the-value-of-business-planning-comes-from-the-process-not-the-actual-plan-2010-6?IR=T> accessed 21 September 2018.
9 Noah Parsons, ‘Business Planning Makes You More Successful, and We've Got the Science to Prove It’ (Bplans, undated) https://articles.bplans.com/business-planning-makes-you-more-successful-and-weve-got-the-science-to-prove-it/?_ga=2.135765559.765264959.1528213914-1620029711.1527596586 accessed 20 September 2018.