ADM 1192 - Business Planning & Entrepreneurship Guide

Getting Started

Getting Started

Liberate Your Idea

Write your idea on a sheet of paper and work through the pros and cons with your group. 

  • What need are you addressing?
  • Do you have a product/service in mind that can address this need? 
  • Is it technologically feasible? 
  • How will your product/service benefit people? 
  • Who is your customer? 
  • What industry/market is your idea part of?  For example, Uber is primarily a ride-sharing service so it is part of the transportation industry.  
  • What geographical area is your group thinking of targeting?

Google Search

Once you've decided on a product/service, try a broad Google search. 

Ask yourself "who would care and where would they share the information about this topic"?  This simple question can really help to identify potential sources. Try to focus on free reports that are generated by government (national/provincial/local), consulting firms, non-profits or trade associations.  

Try using Google's Advanced Search feature to make your searches more effective. Take advantage of features such as limiting to certain domains to help find sites that will be useful to your project.

Using Google, you are likely to find lots of information; but is the information good?  Is the source credible?  These are questions you need to answer before using the information as a source. 

Careful evaluation of your sources is essential to ensure that your conclusions are based on sound evidence. Stating a claim as a fact or saying “studies show” or “experts say” is not acceptable. Your professors will expect you to cite the study/source you have used. 

To assist in your evaluation process, a number of libraries suggest that students use the CRAAP Test. A similar source evaluation tool is PROVENby Ellen Carey. Each tool offers a list of questions designed to help students evaluate the quality of a resource and whether it is worthy of being included in your work.

Keep track of your sources.  Being organized and keeping good notes about where you found your sources will make it much easier when citing these sources in your project. 

Meet Your Librarians

Sally Armstrong  - Entrepreneurship Librarian

 

Leanne Wells - Business Librarian

 

Gathering Market Research

Gathering Market Research

On this page, you will find links to UNB library-subscribed resources that can assist in validating your business idea and helping you learn more about your market. It's important to get familiar with the variety of resources available to you at UNB Libraries.

Secondary market research involves gathering data and information that has already been put together by others. This type of research can be quicker and cheaper to find and help to answer questions to:

  • the size of your potential market
  • current market trends
  • competitor intelligence
  • behaviours of your customers

This video from the University of British Columbia provides an introduction to market research and the types of resources you can use in your research. Please note the video mentions some features specific to UBC which do not apply to UNB. 

Library Databases

Key Resources

  • Statista
    Statista is a multidisciplinary database that aggregates information covering 80,000 topics. Access to data from over 18,000 sources covering 1.5 million statistics. All statistics can be directly downloaded in PNG, PDF, Excel, and PowerPoint formats. Data prepared according to academic citation standards, with a citation tool (APA, Chicago, Harvard, MLA, and Bluebook) and links to the original source for further research. Statista also covers industry reports, studies, forecasts, dossiers, digital market outlook , aesthetically pleasing infographics, and more.
    Unlimited simultaneous users.
  • IBISWorld - US/Canadian & Global Industry Reports
    Our IBISWorld database contains a range of comprehensive industry reports in the following regions - United States, Canada and Global. Industry analysis includes key statistics, industry performance, up-to-date forecasts, supply chain information, and competitive landscape. Report ListingsUS Industry Reports: The core collection has 30-40 page reports on more than 700 U.S. industries. The reports are written to the official North American Industry Classification System (NAICS). • US Specialized Industry Reports: NAICS can often be too broad when dealing with small or new industries. IBISWorld is adding new reports every week that follow our standard report format and complement our NAICS collection. • Canada Industry Reports: The Canadian collection has over 400 detailed research reports on a wide variety of Canadian industries with new reports added every month. • Global Industry Reports: 75 Global Industry Reports offer the same clear and up-to-date forecasts as our country-based industry reports, but instead focus on industry performance in key regions like Europe, Asia, the Middle East and more.
    Unlimited simultaneous users.
  • ABI/INFORM Complete (ProQuest)
    Indexing, abstracts, and full-text of scholarly and trade journal articles in business, management, and trade. Also covers dissertations, SSRN working papers, market reports, industry reports, business cases, local and regional business information, and global and trade news. Includes full text of The Wall Street Journal and digital images of selected key business journals from the first issue to the present. ABI Help Guide
    Unlimited simultaneous users.
  • BCC Research Academic Library
    "BCC Research produces comprehensive market research reports to assist with market sizing, forecasting and industry intelligence. They cover topic areas such as biotech, engineering, pharmaceuticals, information technology, energy and resources, nanotechnology and photonics."
    Unlimited simultaneous users.
  • eMarketer Pro
    eMarketer is the go-to authority on digital marketing, mobile, social media and ecommerce, offering insights essential to navigating the changing, competitive and complex digital environment. By weighing and analyzing information from different sources, eMarketer provides information to evaluate emerging trends, validate decisions, develop new ways to reach consumers and stay ahead of the competition.
    Unlimited simultaneous users.

Additional Resources

  • Business Source Ultimate (formerly Premier version)
    Business Source Ultimate provides full text for more than 7,200 scholarly business journals and other sources. Coverage includes virtually all subject areas related to business. BSU provides full text (PDF) for more than 350 of the top scholarly journals dating as far back as 1922.
    Unlimited simultaneous users.
  • Canadian Business and Current Affairs (CBCA) Complete (ProQuest)
    Canadian Business and Current Affairs (CBCA) Complete is the nation's largest and most comprehensive bibliographic full-text reference and current events database. Available through the ProQuest Web interface, CBCA Complete combines full text and indexed content from all four CBCA database subsets (Business, Current Events, Education, and Reference). Subject coverage is comprehensive and information is available from the broadest range of Canadian sources anywhere.
    Unlimited simultaneous users.
  • Frost & Sullivan
    Frost & Sullivan provides in-depth full-text market research and strategy reports in various emerging high-technology sectors.
    Unlimited simultaneous users.
  • Forrester Research UNB-only login

    Use of this product is restricted to students, faculty and staff of the University of New Brunswick and requires login with a *current UNB Login ID*.

    Forrester Research is a global research and advisory firm specializing in information and communication technologies (ICT) in the following areas: IT infrastructure, networking, software, eCommerce, digital marketing and cybersecurity.

    Faculty, staff or students interested in IT assessment, digital transformation, applications development, IT trends, emerging technologies and their impact on businesses and consumers will find Forrester's reports offer important insights to your research.


    Unlimited simultaneous users.
  • PitchBook
    PitchBook is a private equity and venture capital database covering a wide range of companies, as well as startups. It can be used for competitor research to help identify companies that offer similar products or services. Researchers can also track entire private equity (PE) and venture capital (VC) lifecycles from fund initiation to company exits, private mergers and acquisitions (M&A) transactions, and the limited partners, fund managers, advisors, and other key players involved. Researchers can save custom searches and set up email alerts to come daily, weekly, or monthly.
    Unlimited simultaneous users.
  • Passport GMID (Global Market Information Database)
    Passport GMID is an international market research database and analysis tool from Euromonitor. The database contains business intelligence and reports across key industries, companies, markets, and consumers in more than 200 categories for 80 countries. Also available is research on lifestyle, demographic and socio-economic country data that spans 206 countries.
    Passport GMID User Guide PDF
    Unlimited simultaneous users.
  • Market share reporter
    Market Share Reporter (MSR) is a compilation of published market share data about companies, brands, products, commodities, services and facilities in U.S. and international markets. The 2016 and every 2nd year's subsequent edition online edition are available through Gale Virtual Reference Library. Data is compiled from periodical sources (newspapers, magazines, newsletters, government reports etc.) over the previous three to four years. Entries feature a descriptive title; data and market description; a list of producers/products; original sources are also provided. The main method used to store entries in MSR is by name of the report; reports can be found by keyword or by using the Advanced Search feature.
    Unlimited simultaneous users.
  • Scopus
    Scopus, a multidisciplinary online resource, will be invaluable to students and faculty in various fields of study within the sciences, health sciences and the social sciences. Scopus offers full-text linking, abstracting-and-indexing information including peer-reviewed titles from international publishers, Open Access journals, conference proceedings, trade publications, quality web sources.
    Unlimited simultaneous users.
  • Science Direct
    Science Direct offers comprehensive coverage of literature across all fields of science, medicine and technology. All previous ScienceDirect journal collections have been merged into this single collection, along with select purchased eBook titles.
    Unlimited simultaneous users.
  • IEEE Xplore Digital Library (Current & Archive)
    The IEEE Xplore Digital Library is a powerful resource for discovery and access to both current and archival scientific and technical content published by IEEE (Institute of Electrical and Electronics Engineers) and its publishing partners. This resource provides Web access to almost 3-million full-text documents from some of the world's most highly cited publications in electrical engineering, computer science and electronics, including:
    IEEE journals, transactions, and magazines, including early access documents
    IEEE conference proceedings
    IET journals
    IET conference proceedings
    IEEE published standards
    IEEE Standards Dictionary Online
    Note: limited to 10 simultaneous users.

    10 simultaneous users.
  • D&B Hoovers (formerly Hoover's Online)
    D&B Hoovers provides company information through a global database of over 120 million company records and business analytics (including financials, contacts, news, reports, triggers, and industry information). It's a great place to begin when researching an unfamilar company. Alongside company information D&B Hoovers can help to build a list of companies to match a customized set of criteria.
    10 simultaneous users only
  • Mergent Intellect
    Mergent Intellect offers subscribed access to detailed business data for over 200 million public and private U.S., Canadian and international companies. Alongside detailed company research, the "Advanced Search" feature of the Intellect interface provides the opportunity to find executive contact information, build contact/mailing lists and much more.

    Use Mergent's Quick Tips and/or Help Guide to discover more about the features that Mergent Intellect provides.
    Unlimited simultaneous users.
  • FP Advisor (formerly Infomart)
    FP Advisor is a collection of 12 databases from the Financial Post (FP) that provide access to detailed information about the top publicly traded companies in Canada. The collection includes: Company Snapshots, Company Surveys, Corporate Analyzer, Investor Reports, Historical Reports, Industry Reports, Predecessor & Defunct, Mergers & Acquisitions, Dividends, New Issues, Fixed Income, and a Directory of Directors.
    4 simultaneous users.
  • Mergent Online
    Mergent Online provides access to financial data for over 25,000 public U.S. and international companies. Results include: company details/history, executives, ownership, key financials, equity pricing, reports, filings, news, competitors, plus a customized Report Builder. Company financial reports for up to 15 years can be downloaded via Excel spreadsheet software. Mergent also offers real-time access to company filings submitted to the SEC (U.S.) and SEDAR (Canada). Additional attributes include a Global Private Company database for over 20 million private companies, reports (industry or equity), economic indicators, and country profiles.
    Unlimited simultaneous users.
  • Meltwater - Canadian Newspapers & beyond (formerly Infomart)

    Meltwater is a news service providing UNB users access to newspapers from New Brunswick. The service also offers other NB provincial news sources in addition to newspapers and sources from around Canada, and news sources from around the world. UNB’s access is primarily aimed towards providing access to New Brunswick news through licensed access, but users are welcome to explore beyond those sources should they desire to do so; users can explore licensed news sources as well as those external sources tracked and searched by the service.

    Meltwater access requires users to login by username and password with each visit to the site. Login details are provided on the next screen and will be updated randomly.


    Unknown Limit on Simultaneous Users
  • PressReader - Worldwide Newspapers

    Thousands of newspapers, magazines, and other news sources from 100 countries in 60 different languages. News sources are searchable and current with up to a 60-day backfile at most -- access varies per news source.

    July 2019 NOTE: Please visit PressReader directly to select the newspaper or magazine you wish to read. Title level access is not yet available through the catalogue or the eResources search.

    Due to publisher restrictions online access to the Globe & Mail newspaper is only available while on-campus.
    4 simultaneous users.

  • Vividata
    Vividata provides statistical data that tracks Canadian consumer demographics, media usage, lifestyle, attitudinal data and brand/product usage across 150+ categories. Data is derived from an annual national survey (Survey of the Canadian Consumer) of 40,000 Canadians (age 14+) surveyed across 50+ markets; data is released in quarterly updates.
    Unlimited simultaneous users
  • Google Scholar
    Google Scholar searches a subset of the Web that Google has classified as "scholarly literature". They do not publish a list of chosen sites, and they do not state how often sites are checked. Some important sources are not covered at all. Thus, Google Scholar alone should not be relied on for comprehensive research.
    Unlimited simultaneous users.

Questions?

Feel free to contact Sally Armstrong, Entrepreneurship Librarian, at sally.armstrong@unb.ca
OR Leanne Wells, Business Librarian, at lwells@unb.ca

Database Tutorials

Getting Started Tutorial  

 

Statista Tutorial

 

IBISWorld Tutorial

 

ABI Inform Tutorial

 

BCC Research Tutorial 

 

eMarketer Tutorial

 

 

Search Tips for ADM 1192 Handout

Search Tips for Market Research Handout

Worksheet

Investigating Trends

Investigating Trends

Entrepreneurship is constantly evolving. A great way for students to stay in the loop with what's current is by scanning a few key sites every morning. Below are links to a few of these sites and newsletters as well as library-subscribed resources:

Tech News

  • BetaKit Canadian startup new and tech innovation.
  • Entrevestor News on Atlantic Canadian entrepreneurs.
  • Huddle Gathering place connecting NB entrepreneurs with jobs and opportunities.
  • The Verge Examines how technology will change life in the future for a massive mainstream audience.
  • TechCrunch Reports on the business of the tech industry.
  • CB Insights - Newsletter CB Insights newsletter offers analysis on venture capital, startups, patents, news and partnerships gleaned from their CB Insights market intelligence platform.

Blogs

  • Startup Lessons Learned Entrepreneurship blog created by Eric Ries, the creator of the Lean Startup methodology.

Magazines/Trade Publications

Newspapers

Business Plan Resources

Business Plan Resources

UNB Libraries carries a wide variety of books, eBooks and free resources on the subject of business planning. Below are a few examples:

 

eBooks - UNB Libraries

Business Plans Handbook book cover

Gale Research Inc. (2012-). Business plans handbook: A compilation of actual business plans developed by small businesses throughout North America. Detroit, MI: Gale Research, Inc..

Business Plans Handbook Video

 

 

 

Web Resources - Business Planning

Citing Your Sources

Citing Your Sources

Accurate, properly formatted references and bibliographies are hallmarks of good academic research. Through citing, you acknowledge the source of any ideas you mention in your writing, document your research, and provide the information your readers need to track down your sources.

The standard citation style for Business is American Psychological Association (APA) style, but your instructor may require or recommend that you use another.  Always check your course syllabus or ask your instructor to be sure you are using the correct citation style.

IMPORTANT NOTE: APA has published a new 7th edition. ​ There are a number of changes.  For details on referencing using APA style, students should refer to the Publication Manual of the American Psychological Association (7th edition) or the links below.

For a list of major changes from the 6th to the 7th edition of the APA Publication Manual please watch this short video from Scribbr:

Quick Reference Guide from APA (citing a book, article, book chapter only)

Key Resources

APA Style Resources

 

Zotero is a software program that collects, manages, and cites research sources. It's easy to use, works with your web browser where you do your work, and best of all it's free.

  • Zotero
    (https://lib.unb.ca/guides/view/index.php/683)

More Information

  • Sally Armstrong (Profile)
  • During the COVID-19 online-only course delivery period, I am available for research support through email or Microsoft Teams. You can book a meeting with me using the link below.
  • Entrepreneurship Librarian
  • UNB Fredericton
  • sally.armstrong@unb.ca
  • 506-447-3017
  • Follow
  • Book a virtual meeting