Innovation and enterprise blog

The British Library Business & IP Centre can help you start, run and grow your business

72 posts categorized "Information"

07 November 2024

Why should you attend Start-up Day 2024?

With less than two weeks to go until Start-up Day, the chance to boost your business for free, we reached out to some of our delivery partners who you can expect to meet on the day to find out more about what you can expect, as well as get some business insights and advice.

Whether you're just starting up, looking to grow or simply have a brilliant business idea, Start-up Day is for everyone. Find out more and book here.

Become informed, inspired and empowered

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"Starting your own business – and succeeding in it - can be both daunting and lonely, but also really rewarding. Start-up Day is the ideal opportunity to become informed, inspired and empowered. You can enjoy a day of talks and advice from entrepreneurs and business specialists, plus it’s a great way to meet and network with like-minded, budding business owners like yourself.

I will be co-hosting the event, which means I’ll get to welcome everyone, introduce our amazing speakers and get to meet and talk with many of the wonderful attendees between sessions throughout the day.

My advice to someone starting out is to pick a business that is related to your passions, talent and heart. This will ensure that you really have that energy and drive that you will need to succeed. It is also vital that you research, attend events, get informed and test the water of your ideas.

The Business & IP Centre is the ideal way to do that with all sorts of resources, information, one-to-ones, webinars and events to help you. Finally, take care of yourself and your health and foster a healthy mindset – see it as an ongoing learning journey, not a short sprint."

- Rasheed Ogunlaru, Coach, Speaker and Author

Fresh ideas and unique approaches

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"Start-up Day is an invaluable opportunity to gain insights from a diverse group of industry experts in an engaging and inspirational setting. I strongly encourage you to attend sessions led by professionals from sectors outside your own, as their perspectives can provide fresh ideas and unique approaches to your business or concept.

As a business advice partner of the BIPC, I’ll be participating in the speed-mentoring sessions, where you’ll have the chance to connect with a variety of experts and receive tailored guidance and inspiration specific to your goals. This fast-paced format is designed to be dynamic, enjoyable, and highly creative.

So what are you waiting for?"

- Peter Schonbeck, Founder of Productschön Consulting

Turn your potential into performance

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"Start-up Day is a fantastic opportunity for business owners to gain valuable insights, network with like-minded individuals and access resources that can significantly boost their business growth.

I'm excited to offer a dynamic speed mentoring session on Start-up Day, where I'll delve into the intricacies of marketing, sales, and business growth. With a focus on practical, real-world strategies, attendees will leave with personalised insights and actionable plans designed to propel their businesses to new heights. It's all about turning potential into performance!

If you're looking to start-up, my advice is that consistency is key. Develop a clear marketing strategy and stick to it, while remaining adaptable to changes in the market."

-  Rebecca Thomson, Director of Local Marketing Made Easy   

A raft of free business support

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"Start-up Day is an amazing opportunity to access a raft of free business support and guidance from industry experts, including inspirational talks and speed mentoring, all in one place

I will be taking part in the two speed mentoring sessions where entrepreneurs will get the chance to seek advice from myself and a team of mentors. We’ll be covering areas such as intellectual property, business strategy, routes to market, marketing and finance.

My advice to someone starting up would be to develop a business plan that is underpinned by market research. Your research should help you to understand the market segment you plan to operate in, identify any problems/pain points that you can provide solutions to, identify your target customers and key competitors. The BIPC is a great start with access to sector specific market research databases, free of charge."

- Alison Lewy MBE, Founder of Fashion Angel  

Entrepreneurial inspiration

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"Start-up Day is an event of entrepreneurial inspiration and practical advice. On the day I'll be hosting a session focused on food and hospitality businesses. Whether you're thinking about selling homemade cupcakes or opening a full-scale coffee shop or restaurant, I'll answer your specific questions.

One key piece of advice I always emphasise is to start small and test your ideas in the market before launching on a larger scale. This approach allows you to refine your concept and minimize risks."

- Vasken Jermakian, Foodication Restaurants Ltd

It's fast, fun and very creative

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"Start-up Day is the perfect chance to hear from multiple experts in a fun and inspirational way. Definitely make sure to check out experts from industries that are not your own, as they might give you a new way of looking at your business or business idea!

I will be part of the speed-mentoring sessions, where you get to meet all kinds of experts and get inspired by their advice and ideas related to your business. It's fast, fun and very creative.

My advice to someone just starting out is to set aside time every week to think strategically, maybe an hour or so, then every month a whole day. So many people get caught up in the doing-doing-doing without giving themselves time to think about the big picture or learn more so they can do even better. Start-up Day is a great opportunity to think and learn for a day."

- Melissa Addey, Author and Writer

Network as much as possible

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"At Start-up Day you'll meet new people, share ideas and learn something too. No matter what stage of business you're at, networking and getting out and about are key!

I will be on hand to help guide entrepreneurs and share some of my 20 years of business experience.

My early stage business advice is firstly to network as much as possible with potential partners, funders, suppliers and of course customers. Secondly, test your idea before officially going to market as it can save a lot of time and money in the long run."

- Michael Murdoch, Founder of The House

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Start-up Day takes place at the British Library on Tuesday 19 November. You can discover secrets to success from renowned industry leaders like Charlie Bigham, network with like-minded entrepreneurs and get a professional headshot to enhance your brand. Plus, you can explore our dedicated BIPC area in the British Library and connect with industry experts at our speed mentoring sessions. Book now.

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You can also join us later for an inspiring evening with TV Dragon and business mogul, Sara Davies MBE. You'll hear about her journey to success and get the chance to ask her your burning questions. Book your tickets here.

24 October 2024

From Coca-Cola to KFC: uncovering a spooky intellectual property secret

Secret spells and hidden brews, tricks of the trade make treats anew. Who would have thought IP (intellectual property) could be so magical?

One type of IP is more unknown and mysterious than all the others. Its hiddenness makes it special and used in the right way can be just as powerful. It’s called a trade secret and is a type of IP protection that can be pure business alchemy.
 
What is a trade secret?
 
In a nutshell, a trade secret is confidential business information that has value. Or, to put it another way, anything secret you’ve created that you wouldn’t want to lose to a competitor! It could be something like a hidden process, recipe or even an algorithm that powers the performance of a programme. This is also known as proprietary information.

Trade secrets are different from patents in many ways, although both need to be kept confidential (for patents until the patent application is eventually filed).
 
Nearly every businesses will have some kind of commercially sensitive information, so being aware of that and understanding its value can be an important first step to protecting it. A trade secret is the thing that could really provide you with a competitive edge.

In the UK, trade secrets come under two types of law; the common law of confidentiality and information that by definition falls under the Trade Secrets (Enforcement, etc.) Regulations 2018.

Common law confidentiality arises when ‘information with the necessary quality of confidence is imparted in a situation imposing an obligation of confidence’.

You can see them both as mutually complementary with some overlap. Both aspects carry a strength, just like a two-headed hydra. Think of a witch’s brew, filled with spooky secrets and bubbling with powerful potential.
 
What are some famous trade secrets?
 
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There are so many trade secrets concealed around the world, but some are more famous than others.

Does anyone really know the secret formula for Coca-Cola? Apparently not (although it hasn’t stopped other brands from trying to work it out). In the company’s own words, ‘the formula for making Coca-Cola is a trade secret. We have protected the special taste of Coca-Cola for more than 130 years. Only the Coca-Cola Company knows how to make Coca-Cola’.

The mystique behind the Coca-Cola formula is so famous, that the company has it locked away inside a vault on display in the Coca-Cola museum, Atlanta, USA.
 
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Trade secrets are actually quite common in the food and drinks industry. Think of all those secret recipes handed down over generations. There is hidden knowledge to making the perfect chocolate brownie, malt whiskey or even a colonel’s secret fried chicken recipe made from 11 herbs and spices. KFC’s original secret recipe is what they claim makes their chicken so ‘finger lickin' good’. For both of these brands, it is magical marketing in its messaging too.

However, what if your trade secret isn’t cooking, but computing? Yes, there are plenty of secrets in technology too, especially software. Search engines such as Google (parent company Alphabet) have built an entire business model on algorithms that effectively rank information for ease of finding.

The algorithm has been developed and refined over many years of testing and trading. Recent news of a leak of an AI related trade secret have sent the company into a tailspin resulting in a criminal case been filed. Part of a secret was out.

Any leak of a highly guarded secret can bring major consequences for any company and so protecting these secrets becomes paramount. Once the witch’s secret cat is out of the bag, it’s out. Therefore, businesses will do everything to protect their secrets with the legal equivalent of an ancient curse.

Woe will to any soul who breaks the secret seal on any trade secret! The curse will come through prosecution.

How to protect your trade secret

Which raises a pressing question, how does a company or individual protect themselves from having their secrets stolen?

The answer will depend on the circumstances, and professional legal help is always advisable. Generally the secret is best protected in-house by firstly limiting exposure to a set number of individual(s) on a need to know basis only. Therefore, every company should have a confidentiality process in place backed up in employment contracts.
 
Physical and electronic security is an absolute must, depending on how the secret is kept.

Furthermore, before any sharing of a secret to a third party it is highly advisable to protect it with a non-disclosure agreement.

Trade secrets are unregistered intellectual property rights. This simply means there is no register of them or requirement for application. This is unlike patents, designs and trade marks. Controlling access to the secret is through contracts based on the law of confidentiality and specific regulations covering trade secrets.

This in some circumstances can be an advantage over patents. A patent, although initially secret will eventually be published before it can be granted to the inventor. The quid pro quo is then a monopoly on the technology or technique for twenty years. If you want to look at alternative ways to protect your process, then exploring trade secrets as a viable alternative could be the way to go.

If you’d like to find out more about the magic combination of all the different types of IP, then our Introduction to Intellectual Property workshops and webinars will do the trick.

Spook your competition and keep your trade secrets close

Your trade secret is truly a magical thing that spooks your competition. It has all the mystique you need to creates an aura of mystery in your business and spellbind your customers. They will want to keep coming back for more, hooked on the power of your hidden magic.

So this Halloween, do not be scared to find and use your business’s secret spell. The treat is always in a secret trick.
 

16 October 2024

How to set up a food business: hear from the experts this World Food Day

To celebrate World Food Day we’re spotlighting some inspirational food businesses who have been supported by BIPCs around the UK. Do you need a nudge to start your business? Or have you started but feel like you need support? You are not alone. Here are some wise words of advice from people who have been there and done it before.
 
Test your ideas and refine them before going all in
 
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"The advice I'd give to someone who wants to set up a food business would be to go for it! But remember, passion is key. You have to love what you’re doing, especially in the food industry, because it’s a lot of hard work. Get clear on your niche – whether it's a specific cuisine, style of cooking, or type of service (like catering, classes, or a product line).
 
Although passion is crucial, it needs to be paired with a solid business mindset. Start by understanding your market and see if there’s demand for what you’re offering. Be realistic about costs and pricing; passion alone won’t pay the bills! Also, start small – test your ideas and refine them before going all in. Don’t hesitate to ask for help, whether it’s from mentors, fellow entrepreneurs or organizations like the BIPC. Building a strong network can help you avoid common pitfalls and grow smarter. 
 
When I started my business journey I wish I had known how unpredictable things can be. I thought I had it all mapped out, but sometimes plans change and you just have to roll with it. It’s ok to pivot and adapt to what your customers want rather than sticking too rigidly to your original vision. I also underestimated how much time would spend on the ‘other’ side of the business – admin, marketing, social media etc... I wish had been kinder to myself in the beginning. Mistakes happen, and they’re all part of the learning process! 
 
The BIPC has been a game-changer for me.
 
Starting a business can feel overwhelming, especially when you don’t know where to begin. The BIPC offers tons of free resources, advice and workshops that are perfect for anyone starting out. They also helped me understand the legal side of things, like protecting my brand and intellectual property, which is super important. Plus, it’s a great place to connect with other entrepreneurs – you don’t feel like you’re going it alone. Honestly, if you’re starting a business, tapping into the BIPC is a no-brainer!"
 
- Suki Pantal, Founder of Suki's Curries and Spices
 
Advertisement is key
 
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"My advice would be to speak to the environmental health team before your inspection. If you contact them directly and say you are a new business and would like to know all the ins and outs of what makes a good food business, they will certainly help you. I was lucky to have one of the inspectors come to our business when we were setting up and he told me exactly what I needed to do, along with the best and most affordable options. He helped us plan the best place for our sink and what we needed to watch out for.
 
Advertisement is key. If that be having a theme, all the way down to window design. We found that two years on many people didn’t know where we are but knew where the new shops are in town. So, we have invested more into our shop window, so people know exactly what we do and where we are.
 
At the start of my business journey I wish I'd have known that I didn’t need to buy everything new. I wish I had saved thousands buying more second-hand items for my shelving and units as I am stilling paying these off two years later. This would have also been so much better for the environment.
 
The BIPC has been amazing for me. They helped me set up my business and pointed me in the right direction to get it to grow. I wouldn’t be here today with my shop if it wasn’t for the BIPC."
 
- Laura Curling, Founder of Higham Refill
 
Research your product
 
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"When setting up a food business you have to first of all research your product. Go to your local BIPC and use the resources there to look at food trends and what consumers are looking for. Look at your competitors and what their USP is. Does your product match trends?  If so, what also makes it different and stand out from your competitors? What is your USP? What is your brand about?
 
Contact and register with your local Environmental Health and Trading Standards and work out what it is you need to do in terms of food safety and labelling before you sell anything.
 
Next, work out the aims for your business and where you want to sell it. If retail is your goal make sure you are clear about what percentage the retailer needs from products, then go back and work out your prices. Take some time to test your product out at markets and events and see how sales and feedback goes. Then you can make tweaks accordingly.
 
Get good at social media, it can make a real difference to your sales. People like to get to know who is behind the brand. It is something that I constantly need to improve on!
 
At the start of my business journey I wish I knew the time it can take to get a product to market. Creating a product isn’t the hard part, it is the processes you go through to get that product to market that takes the time, so always allow much longer than you think! Also I wish I had had better business knowledge at the start of my journey in accounting, profit/loss, forecasting etc. I would recommend visiting your local BIPC and getting on as many courses that deal with the business side of things as soon as you can.
 
The support you can receive from the BIPC is amazing. From the free resources at the library, to free events, free consultations with experts and the opportunity to get funding, it really is a fantastic place for start-ups and established businesses. I have been so grateful for the support and people I have met through BIPC who are continuing to help me on my business journey."
 
- Vicky Armitage, Founder of Meraki Cacao
 
Have confidence in your ability and just do it
 
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"My advice to anyone looking to start a food business would be to ensure you really are passionate about food, then the setting up a of food business where you can bring all the aspects of your food enjoyment together could be the icing on the cake!
 
There are also many non-food related issues to consider when setting up a food business, for example legislative requirements, food hygiene and business insurances. Are you working on your own or shall you employ staff? If so, how many full time or part time and subsequent training needs. Where are your suppliers based? What is your customer base? Spend some time on market research, know the market you are entering - competitors, price and location. 
 
Talk to people, lots of people and not necessarily within the food industry. You don’t have to do it all on your own, there are lots of organisations who can help. Stay positive. Make mistakes and learn from them.
 
Time management is key. Organise yourself to carry out all the business tasks or delegate where you can. It is very easy to let your business run your life and it can become all encompassing. Plan time away from your business, time for friends, family and time for you to recharge your batteries. This is easy to say, but not always easy to put into practice.
 
What is great for anyone setting up their own business that that the BIPC service is completely free. It is accessible online and in person. I live in Glasgow, my local BIPC is located in the Mitchell Library, so it's very handy for me to visit and see the service in action. I found out the range of services of offer and enjoyed the use of their free workspace. The staff are friendly, approachable and nothing is too much trouble.
 
I borrowed some business text books and arranged a one to one session which helped explain more about my business and for me to obtain a set of information tailored to my needs. Packed full of business information, BIPC is an invaluable resource with access to a variety of networks that can assist you. A very helpful and knowledgeable service."
 
- Kirsteen Oliver, Founder of Granny Beaton’s
 
If you're thinking about starting up but aren't sure where to begin, sign up for our free Kickstart Your Business programme that offers tailored, accessible workshops and webinars to help you on your business journey. Topics covered include financing your business, researching your market and protecting your business's intellectual property. Find out more here and sign up today!

12 July 2023

50 Books for 50 Years of the British Library

As we celebrate 50 years of the British Library, home to over 13 million books, we’ve put together a reading list with recommendations from entrepreneurs we’ve supported from around the UK.

1. “My favourite books are slow-paced and reflective. Michael Cunningham's A Home At The End Of The World is the first book I remember reading as an adult that gave me that comforting, peaceful feeling I now associate with reading, which I do a lot." - Sam Hutchinson, co-director of b small publishing

2. "A book that impacted me is Small Change by Nabeel Hamdi." -  Jan Kattein, director of Jan Kattein Architects

3. "I would recommend Profit First by Mike Michalowicz – ever since I read it and made the changes mentioned, my business has been in profit and I can see it!” - Keri Jamieson, founder of KeriKit

4. "A book that has significantly impacted me is Games for Actors and Non-Actors by Augusto Boal, a revolutionary collection of exercises and approaches to using theatre to rehearse for challenging situations in real life." - Jon Dixon, director of Dramatic Theatre

5. "One of my favourite books is Henri Charrière's Papillion. It is a story about grit, determination and the ability to stick to stuff you feel strongly about. Something I believe is so important about being an entrepreneur." - Doug Marshall, CEO of Altaura

6. "A book that has impacted me is A Room of One's Own by Virginia Woolf.” - Jessica Mello, co-founder of London Sculpture Workshop

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7. "It may be old school, but Roald Dahl's Charlie and the Chocolate Factory was a huge influence. When reading this as children it offered so much hope. Quentin Blake (who created the illustrations) inspired us to pursue a creative career from a young age." Chloe and Abigail Baldwin, founders of Buttercrumble

8. "Frankenstein by Mary Shelley impacted me because I have such a vivid memory of being in primary school and finding out that the author had to publish the book anonymously because she would have been unable to do so otherwise, as she was a woman. I remember being so shocked by this revelation and discovering that women, people of colour and basically anyone that wasn't a white male, often wrote under pseudonyms due to them not being granted the same privileges. Mary Shelley is now infamous world-wide for being one of the first science-fiction writers. I just think it inspired me because it goes to show that in life, there will be obstacles in the way and people may tell you that you aren't capable; but if you are passionate enough and persevere, you can achieve anything.’ - Rachel Sampara, founder and director of Wings & Radicles

9. "A book that has impacted me is the Mechanical and Metal Trades Handbook. This is the English translation of a German engineering bible. Engineering textbooks are often impenetrably dense, but this book is accessible to all." - Nick F, founder of PipSqueak 3D 

10. “I've been inspired by Leading an Inspired Life by Jim Rohn" - Constantin Cornel Paunoiu, co-founder of Wine Chateau

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11. "Aziza's Secret Fairy Door by Lola Morayo - it was the first book I sold from my production company and thus my proof of concept that this business idea had legs!" - Jasmine Richards, founder of Storymix

12. "A book that impacted me is The Source by Dr Tara Swart. The book talks about the power of mind and visualisation backed by neuroscience. I find the concept of neuroplasticity inspiring. Our brains have an amazing ability to change and adapt at any age. It’s never too late to reach our potential!" - June Mineyama-Smithson, founder of MAMIMU 

13. "One of the best books I found for anyone starting a creative business is The Practice by Seth Godin. It’s made up of lots of small ‘blog’ type posts which are ideal to just pick up for an instant shot of motivation and focus."- Helen Cross, founder of Helen Cross Jewelry 

14. "The E-Myth by Michael E. Gerber was the first ever business book I read, the month I started out. It’s about understanding starting a small business, why most don’t work and what to do about it. It really impacted me and made me want to succeed all the more." - Victoria Eggs, founder of Victoria Eggs Ltd

15. "I enjoyed reading Suitcase by the Russian writer Sergei Dovlatov. The novel, published in the 1980s, is a collection of stories, each one inspired by an item he took in his suitcase when he left the USSR for exile in the USA in 1978." - Laura Sheeter, co-founder of Chalk + Blade

16. "A book that impacted me is Eat that Frog by Brian Tracy. It’ll help you stop procrastinating and focus on your biggest frog (tasks) first. Being a Virtual Assistant I am constantly juggling a million and one tasks, how do you identify what your most important task is when everything is important!?” - Keira Simpson, founder of Daisy Days Virtual Assistant

17. "A book that's impacted me is The Power of Habit by Charles Duhigg." - Adam Chandler, founder of Reel Film

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18. "The Slight Edge by Jeff Olson impacted me because it shows that small, consistent activity is the key to forming habits that make people successful." - Danielle, owner of Wise Owl Tuition 

19. "While many books have influenced me, none compare to the Bible. Growing up Catholic, I find solace and wisdom in its stories, even during the busiest of times." Brian Danclair, founder of Fish, Wings & Tings

20. "The book that has had the biggest impact on my life is The Seven Habits of Highly Effective People by the late Stephen R Covey. In 1994, I was fortunate enough to attend a management course which was entirely based on Covey’s principles of the book. Two of the key symbols for Covey were the clock and the compass. Covey explained; the clock represents what we do with and how we manage our time. The compass represents what we feel is important and how we lead our lives. I was so inspired by Covey’s philosophy, it was the reason why I named my business Clock and Compass Coaching." - Daniel O’Connor, founder of Clock and Compass Coaching

21. "I've been inspired by a wide variety of books - reading James Joyce’s works like Ulysses while studying him at University in Ireland had a huge influence on me in understanding European connectivity. Also anything by Roald Dahl, who I’ve always loved!" - James Seager, company director of Les Enfants Terribles

22. "I’d have to say Brian Johnson’s Optimize. What’s fantastic about this series is that each episode condenses multiple business books on areas such as leadership, productivity and habits, taking the best bits and presenting them in 1h podcasts." - Zachary Pulman, founder of Zachary Pulman Design Studio

23. "A book that has had a great impact on me is Drinking from the Fire Hose by Christopher J Frank and Paul Magnone. Nowadays, we are constantly bombarded by information and data. This book helped me focus on the data I need and leave the rest aside." - Mario Spiridonov, co-founder of Santa Sofia

24. "I've been impacted by S.U.M.O by Paul McGee. I don’t usually read self-help, however, I found S.U.M.O. very relatable, easy to read and thought provoking, with plenty of humour thrown in for good measure. The book helped me learn some self-awareness, to look at myself honestly and understand how to make positive changes. I would recommend it to anyone who’d like to improve their confidence or find some motivation to change their path." -  Tracey Purcell, founder of Beautiful Ethical

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25. "My favourite book is The Hitchhiker's Guide to the Galaxy by Douglas Adams. It taught me that life can change at any moment, and if it does to keep going and do it with a sense of humour." - Laura, founder of Higham Refill

26. "I have been inspired by Natives by Akala." - Danson Njoka, CEO of Kugali Media

27. "I love to read motivational books and books on improving myself in all areas, and I spend a little time each night with a book. One of my favourites is Success Through A Positive Mental Attitude by Napoleon Hill and W Clement Stone. It is a brilliant reminder that mindset is key, so this is one I turn to often to pull me back on track." - Maria Grachvogel, founder of Maria Grachvogel London

28. “My recent favourite books have been Girl, Woman, Other by Bernardine Evaristo and Homecoming by Yaa Gyasi." - Sadia Ahmed, founder of Oliver's Cupboard

29. "A book that has inspired me is Zero Limits by Joe Vitale." - Mary Otumahana, founder of The RecordShop

30. "A book which has impacted me has to be The Art Of Effortless Living by Ingrid Bacci. I read this book in 2010 and it started me on the most amazing journey with myself! This led me to start my business in 2013." - Rose Hill, founder of Co-Creative Connection

31. "The books that has impacted me the most is Dream Big Journal by Bob Goff." - Adeola Adelakun, co-founder of Cultureville

32. "A book which has inspired me recently is Sitopia by Carolyn Steel. It felt almost prescient reading it just before lockdown, discussing how we all need to reconnect with growing and making our own food in order to live healthier lives and save the environment.” - Frankie Fox, co-founder of The Foraging Fox.

33. "A book that I find inspiring and fits with my philosophy is Paul Jarvis’ Company of One: Why staying small is the next big thing for business.” - founder of Becky Griffiths, founder of Mother's Ruin

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34. "We've been impacted by The Vinegar Cupboard by Angela Clutton." - Andrew and Sarah du Feu, founders of The Slow Vinegar Company

35. "Noughts and Crosses by Malorie Blackman has been a huge influence. Not only is it an incredible story, it’s also one of the simplest ways of illustrating how unfair racism is in our society." - Eleanore Richardson, founder of Fulham Scalp and Hair Clinic

36. "Ancient Wisdom Modern World by the Dalai Lama has made a huge impact. My mum’s had this book since she was in her 20s and gave it to me when I was 19. It started my path to Buddhism, which led to me adopting the vegan lifestyle, which led to Heart Street.” Evie-May Ellis, founder of Heart Street

37. "A couple of years ago a good friend of mine bought me In The Company of Women by Grace Bonney which has inspiration and advice from over 100 female makers, artists and entrepreneurs. On those difficult days in business it shows what you can achieve when you pursue your passion, giving you the courage to follow your dreams.” Kate Underdown and Rachel Walker, co-founders of The Fold Line

38. "I am passionate about cities. One of the most important books for me captures all the intensity, excitement and ambition inherent in building one of the great cities in the world. It's Delirious New York: A Retroactive Manifesto for Manhattan by Rem Koolhaas." - Jan Kattein, founder of Jan Kattetin Architects 

39. "I recently read The E Myth by Michael Gerber again. I think all entrepreneurs should read this to help plan their way forward. Working ON the business, rather than IN the business.” - Bhavin Shah, founder of Central Vision Opticians

40. "The book that has impacted us the most is Jen Sincero’s You Are a Badass." - Savvy and Stevo, founders of Savvykraut 

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41. "I've been inspired by Year of Yes by Shonda Rhimes" - Ronke Jane Adelakun, co-founder of Cultureville

42. "A book which has impacted us is Anthony Bourdain’s Kitchen Confidential. Great insight into the underbelly that is the commercial kitchen." - Sam and Sarah, founders of Marla's Sandwich Shop

43. "I read to escape and switch off, so crime fiction is my favourite. I love Mary Portas' How to Shop with Mary, Queen of Shops. I have a signed copy after I met her at a book event and she told me she loved my boots while I waited in line - it was a true fangirl moment when I told her they were from our shop Finale and we chatted about it.” - Faye, founder of Finale Shoes and Accessories

44. "I enjoy books about food, local recipes, and the history and social stories that accompany food. One of my favourites is Taste Ye Back: Great Scots and the Food that Made Them by Sue Lawrence. Here a number of well-known Scots reminisce about their younger days and the food they enjoyed as a child. Everyone’s favourite dish comes with a special story, recipe or family tradition and always a huge dollop of nostalgia. When I read this book, it gave me reassurance that a Clootie Dumpling website was not a completely mad idea."  Kirsteen Oliver, founder of Granny Beaton's

45. "Let My People Go Surfing by Yvon Chouinard, founder of international brand Patagonia. This book changed my outlook on corporations as it challenges the culture of consumption that we find ourselves in. It looks at the crisis we’re facing in western society and how to deal with it as forward thinking leaders and change makers. It’s had a hugely positive effect on not only the way I run my business, but equally how I live." - Hellen Stirling-Baker, founder of We Are Small Stuff

King's Library_George III

46. "All books impact me, regardless of their genre - for example, Where the Crawdads Sing by Delia Owens." - Tas Jennings, founder of Very Craftea

47. "A book that's impacted has impacted me is Creativity, Inc. - Overcoming the unseen forces that stand in the way of true inspiration by Amy Wallace and Ed Catmull. It's a book about running a creative business from the founder of Pixar. It's entertaining but also packed with really useful insights into how to run a business well for and with creatives." - Julia Alcamo and Dan Hodgson, founders of Happenstance Films

48. "One of the first books I remember reading is Fluke by James Herbert. It was totally captivating. I’m not sure I understood everything at the time but it’s the story of a dog who remembers being a human in a past life. I love reading fiction as it takes you away from the everyday. If I’m not reading fiction then I am looking at cookery books – another great passion of mine.” - Alli Briaris founder of Drinks Kitchen

49. "A book that has impacted me is The Power of Now by Eckhart Tolle, as I truly feel that if you are living in the moment then there can be no stress and you can be inspired effortlessly to what you need to be doing." - Julie Silver, founder of The Vitality Fairy

50. "A book that has inspired me is The Very Hungry Caterpillar by Eric Carle. It can be likened to a new business starting out, slowly and steadily working your way through your business plan and the process of what you need to do, getting everything in place bit by bit, before the final launch of your new business and spreading your wings." - Tracey Sharman, founder of Crescent Research

24 November 2022

How to research your high street business

In 2021, the number of independent shops on Britain’s high streets increased for the first time in five years.

A net 2,157 new independent retail businesses opened across British towns and city centres over the year, according to the latest analysis by the Local Data Company (LDC). The pandemic has led to many chain retailers reducing their presence on the high street, creating opportunities for independent businesses to grow in the space left behind.

Why would LDC be relevant for me?

LDC uses a team of office and field researchers to collect data on every retail and leisure business in Britain, which is then interpreted by their analyst team to map trends across the retail industry. This insight is offered to commercial businesses of varying types and sizes, from large chain retailers to property consultancies.

Local Data Online can help you research and determine what start-up business you can plan for the regions in the UK, where there is a gap in the market, or where you should be looking to have a bricks and mortar presence. For example, the following analysis gives you real data on the coffee shops on the high street in London. This gives you information on where your competition, and opportunities may be - and shows the demand for coffee shops and coffee.

Coffee shops across Greater London

Source: Local Data Online

You can use Local Data Online to find out about locations, business types and companies all over the country. It has a searchable, interactive map tool which lets you select a specific area and explore the types of businesses currently in operation, both chain and local. The map also shows the addresses of available vacant units in the area.

Local data map

Easy-to-read diagrams show extra information including vacancy rates, the mix of chain vs. independent shops, local demographics and average earnings in a specific area.

Where can I access LDC?

You can find LDC’s Local Data Online (LDO) software, an interactive insights database of the retail and leisure market, including key metrics for areas such as retail mix, vacancy rate and demographic data, for free in the following BIPCs:

  • British Library
  • Birmingham
  • Bristol
  • Cumbria
  • Devon
  • Glasgow
  • Greater Manchester
  • Kent
  • Humber Partnership
  • Leeds City Region
  • Liverpool City Region
  • Northamptonshire
  • Norfolk
  • Nottinghamshire
  • South Yorkshire
  • Sussex
  • Tees Valley
  • Worcestershire

You will need a free Reader Pass to access the reports in the British Library, or your library card for any library outside of London. You can learn more about the database on their website.

If you want to learn more about the retail and leisure landscape in your area, including current occupiers and vacancies, come along to your nearest BIPC which has access and speak to our friendly teams. We can show you how to use LDO to benefit your business, all for free.

14 February 2020

The rise of flexitarians and veggie butchers

The Vegan industry is booming. Many people are changing their diet for any number of reasons from diet and health to environmental factors. According to a recent Mintel report (which is free to access in the Business & IP Centre) a rise in flexitarians has aided the success of the meat-free market, especially amongst the younger consumers.

The report shows 34% of meat eaters are reported to have reduced their consumption in the last six months, giving a recent boost in sales of meat-free foods (UK Meat-Free Foods Market Report 2018/19).

With Veganuary having recently ended, I thought what better time to present my findings on this dynamic market and continue the conversation. Having recently acquired a new role within the Business & IP Centre, I was keen to get right into it and creating an industry guide that highlights useful databases, publications and websites on key industries seemed the best way about it. I chose the vegan, vegetarian and free-from market after seeing a demand for it whilst on the reference desk and was surprised that there wasn’t already an industry guide created on this topic. It was one of the biggest emerging markets and it seemed a great idea until I ventured forth and realised why there wasn’t an industry guide on it already.

I started with the Cobra database looking for Business Opportunity Profiles (BOP) that would be useful for anyone looking to start, run or manage a small business. This is a useful database that holds hundreds of how-to guides, reports, factsheets and even small business ideas to get you started, which you can also access for free in the BIPC. But there were no leads there specifically for vegan start-up businesses. I did however manage to find a BOP on Dieticians and Green Grocers and a Mini- Business Opportunity Profile (MBP) on the Vegetarian/Vegan Restaurant and Vegetable box scheme. Not as much as I would have liked, but it was a start. The Small Business Help Books, located by the entrance of the BIPC, proved even harder, only finding general titles on How to run a sandwich and coffee shop and Starting your own Speciality Food Business and Jonathan Self’s book Good Money, which was an account of the authors own experience of a successful ethical business start-up. Maybe the market research statistics would prove more fruitful...

Vegan Trade Journal

The EMIS Database which offers company information and sector research on the top emerging markets proved the most effective with reports on the Global Dairy Alternative Products Market (2019-2024), Global Meat Substitute Market (2018-2025) and Global Gluten-Free Food Market (2018-2025). You can access all of these reports for free in the BIPC. Additionally, Mintel a widely used market intelligence agency on consumer and lifestyle markets provided a broad range of useful consumer trends reports such as Attitudes towards Healthy Eating, Lifestyles of a Generation and Free-from Foods. But I wanted to find more alternative product reports on the UK market.

Veggie Butchers screenshot

Global Data’s Veggie Butchers report although not a recent report, could provide vital insight into meat alternatives (sausages, kebabs, mince etc.). I knew ‘niche’ industries would be difficult and I was happy to find useful content within the broader realm of veganism, vegetarian and free-from foods. But I was determined to dig as deep as I could and using various key word variations I was able to discover useful reports to add – I was especially excited to find a report titled Veganism on the Upswing on EMIS, and Passport proved very useful with reports on Vegetarianism and Other Meat-Restricted Diets and excitedly a report titled A new vegetarian boom is in the making. It seemed I was able to extract key reports that would prove useful for anyone wanting to venture into this industry and I was very happy that the Vegan, Vegetarian and Meat alternative space in terms of market research was on the rise and I look forward to seeing this go from niche to mainstream in the near future.

Meron Kassa, Business and IP Reference Specialist at the Business & IP Centre London

Meron has worked at the British Library for over six years, working in several other reading rooms including Maps and Manuscripts, Asia and Africa and Rare Books and Music before landing a role within the British Library’s Business & IP Centre last year as a new member of the team, where she delivers reference work and will soon be delivering 1-2-1 business advice clinics, as well as workshops and webinars on a regular basis.

07 July 2019

A week in the life of…Emma Richards, Business Outreach Manager at the IPO

The Intellectual Property Office (IPO) is a government department responsible for granting Intellectual Property rights including Trade Marks, Registered Designs and Patents.

Emma has worked for the IPO for 20 years after studying Business and Marketing at the University of Wales in Cardiff. She is experienced in delivering and advising on all aspects of Intellectual Property. She has worked in the Business Outreach Team for the past 12 years and travels the UK giving advice to SME’s and individuals who want help with their IP strategy.

Sunday 

Instead of packing the school bags ready for the madness of the school run, I’m packing my case and loading up the car to prepare for a busy week ahead. Leaving my husband with a long list of things to do, I give the kids a big cwtch and head to the other side of Newport to collect my colleague, Nick. We are heading off to Shrewsbury this evening and after a long car journey, we finally arrive at the hotel at 20.30. After a quick bite to eat we retire to our rooms for an early night.

Monday

I know the idea of having a hotel breakfast appeals to many people but the novelty soon wears off and the waistline tends to suffer! Nick has the right idea, he’s already been to the gym by the time we meet at 8.00 (I prefer the extra sleep myself). We’re fuelled up and ready to head over to the Shrewsbury Growth Hub. Today we are delivering an intellectual property workshop to a group of new businesses who are keen to learn the value. New to IP? Watch our short video below:

As many presenters will know, the curse of the Powerpoint is always ready to rear its head and it’s in full force this morning. With time ticking on we decide to continue minus the slides in true experienced improvisation mode.

Despite the problems with the IT, we delivered a successful workshop and after lunch, I got ready for some one-to-one sessions and Nick headed off to the train station, no rest for the wicked as he was heading off to London.

After the last one-to-one session, I went back to the hotel and headed off for a run. Running in a strange location is always a bit risky, especially in the rural areas of the Shropshire countryside. After a few dices with death, I decided the safest place for me is in the swimming pool! Trying to time calling home is tricky with three young children and a husband at the end of his tether, but thanks to the wonders of the 21st century I am able to Facetime and admire the carnage! Then it’s a quick bite to eat and off to bed. Rock and roll!

Emma Richards, Business Outreach Manager at the IPO

Tuesday

I head off to the Growth Hub again this morning to meet with another colleague. Today’s session is slightly different as the audience is now made up of business advisors. Whether a business is just starting out or already trading, IP should always be considered as part of their business plan. Our short video helps explain this in more detail:

Thankfully the IT is playing ball today and after lunch, we get ready to meet local businesses. We invite two local businesses to explain their business to the advisors and during an interactive session they discuss the potential IP problems and opportunities and offer suggestions. It was a great afternoon, bringing together the role of the advisor and business and where IP fits into business planning.

I gather all my things and head off to my next location, Birmingham. Following another swim and challenging Facetime session with the kids I fall into bed ready for the day ahead.

Wednesday

This morning I am heading off to Aston Villa FC for the Midlands Expo.  I meet my colleague there who is based in the region and hoping to make contacts for further business support. The exhibition is targeted at SMEs in the area, so I am hoping to give lots of valuable IP advice today.

I start the day off with an IP talk to delegates, giving them an overview of IP and why it is important for them to consider. During the course of the day I speak to a variety of customers with many trademark, copyright and designs queries. At 15.00 I am ready to head home and press my favourite button on the sat nav. I finally arrive home at around 18.00, but the fun doesn’t stop there! I’m faced with three excited children wanting to fill me in on the last three days in ten minutes and an exhausted husband who has clearly lost the will to live. I run the bath, start the conveyor belt of shampoo and pyjamas and get them off to bed feeling the happiness of this crazy normality.

After the craziness has calmed down my husband and I do the abridged version of the last few days and I am happy to head off to my own bed.

Thursday

Today I’m heading into the office, so after the madness of the school run I join the traffic. Being in a job that takes me out of the office most of the time, means I am in demand when I’m here. I find my day busy with meetings and planning and before I know it, it’s home time. The usual tea time/ bath time ensues and then I head off to meet my brother for some food and a theatre show.

Emma Richards's three children

Friday

It’s my non-working day so I enjoy a nice long run, followed by a nail appointment. Having a non-working day is really important to me as it allows me to catch up on everything I’ve missed out on during the week while I’ve been away. I always make sure that we eat as a family on a Friday evening and we chat about the week we’ve had. After our meal, we kick back and watch a film together before the chaos of bath time. With the kids safely in bed and allocated babysitter in place, my husband and I head off to our local for the pub quiz and a bit of well-earned quality time together.

A week in my life is hectic, to say the least, but a weekend with the kids…well that’s another story entirely! I end the week feeling I have made a difference and look forward to my next business event on the calendar.

02 May 2019

Start-ups in London Libraries: Business support on ten London borough high streets

The British Library’s Business & IP Centre has launched a major new initiative, Start-ups in London Libraries, a three-year project to support London entrepreneurs from all walks of life get their business idea off the ground.

Where can I find this service?

The project is launching in the boroughs of Bexley, Croydon, Greenwich, Haringey, Lambeth, Lewisham, Newham, Southwark, Tower Hamlets and Waltham Forest.

Who is this for?

Open to early-stage entrepreneurs, including start-ups, pre-start-ups and those who have simply dreamed of being their own boss, the new services will provide a grass roots solution to business support by equipping visitors with the skills, information, confidence and connections they need to turn their ideas into viable businesses.

In a launch event at City Hall today, Roly Keating, Chief Executive of the British Library, said: “For the past 13 years, our Business & IP Centre has worked tirelessly to try and democratise entrepreneurship across the country. From fashion designers to digital innovators and social enterprises, tackling homelessness in our capital, the wonderfully eclectic cohort of businesses that we have supported through our National Network shows that all libraries have the potential to be hubs where ideas of any kind, dreamt up by anyone, can become a reality. We are delighted to be awarded ERDF funding to continue breaking down barriers to entrepreneurship across some of London’s most diverse communities.”

What will the libraries offer?

The participating libraries will offer free, walk-in access to business information resources including COBRA (the Complete Online Business Reference Advisor), a programme of live webinars, practical fact-sheets and market research reports.

What if I need further business support?

Further support is available at the Business & IP Centre in the British Library, which is home to over £5 million worth of market research reports and IP intelligence including the UK’s national patent library, as well as a dedicated scale-ups programme, Innovating for Growth, offering £10,000 worth of support and tailored advice to help London-based SMEs grow.

I’m not based in London, what help can I get?

The project is modelled on the Business & IP Centre’s National Network of 13 Centres located in major UK libraries.

Did you know: Over the past two years, the Business & IP Centre has helped create more than 1,800 new businesses and 3,600 new jobs. Of these businesses, 64% are owned by women and 42% are owned by people from a black and Asian minority ethnic background, compared to just 20% and 5% of UK business owners respectively.

To find out more about Start-ups in London Libraries or to book on to a workshop, click here.

23 October 2018

Start-up Day 2018 in London and around the country

Start-up Day helps budding entrepreneurs from around the country feel confident and provide tools to start a business and turn their dreams into a reality. Not only did this year’s event take place at the Business & IP Centre in London with almost 400 people attending a busy programme of talks, speed-mentoring and one-to-one advice sessions; there were 13 Business & IP Centres participating nationwide, where more than 720 individuals attended the day.

With an all-day line up of talks, our speakers in London covered everything from how to understand the UK market right now (Mintel market intelligence analyst Jack Duckett explained the latest trends) to becoming a successful entrepreneur and key strategies to employ when starting your own business (as experienced by Tangle Teezer ex-CEO Matt Lumb). The priceless advice our twelve speakers shared with the audience throughout the day was also live webcast, so you could tune in from anywhere in the world to watch... and listen!

Start-up Day - questions from audience at a Business & IP Centre event

Our audience didn't just listen, they also had the opportunity to engage in interesting discussions with the speakers

But that's not all: speed mentoring sessions with experts from Santander, Mintel, Google, Intellectual Property Office, Companies House and more covered practical aspects of setting up and running your own business, preparing attendees for the grit behind the glamour of entrepreneurship. To further empower current or future entrepreneurs, we also ran one-to-one advice sessions and tours of the Business & IP Centre itself, making the third edition of Start-up Day in London our busiest yet.

Business & IP Centre Sheffield with Start-Up Day branding

Sheffield on brand with Start-up Day decorations!

This is the second year Start-up Day has taken place across the National Network, allowing local entrepreneurs to be part of the presentations and talks at each regional centre, as well as the attendees being able to watch live broadcasts from London, all for free, as praised by one participant, “Left feeling so lucky and grateful to have access to this free information. Thank you for all your hard work organising this!”

Three Rivers Gin at Business & IP Centre Manchester

Three Rivers Gin at Business & IP Centre Manchester’s Start-up Day

Of the attendees up and down the country, 40% were planning to start up a business and 39% were either self-employed or the owner of a business. The majority of people said that lack of finance and the business idea itself were the main reasons behind them not starting a business in the past. A fifth of respondents stated that making a difference was the main motivation for wanting to start a business, with being their own boss and having a better work/life balance also high on the list, one attendee said “Superb event, kind people… after two years as a carer this event has given me many ideas - but mainly hope for my future.”

Start-up Stars event at Business & IP Centre Liverpool with guest speakers

The Women’s Organisation’s Cynthia hosting a panel of Start-up Stars, including Natalie and Jeni from SIREN, Sarah from SLMC Consulting and Amy from Drone Factor at Business & IP Centre Liverpool.

Start-up Stars event held at the Business & IP Centre Hull

Dr Max Gowland from Prime Fifty, Terry King OBE from Chapter3, Ralph Keeton from Ghost Walks Hull, Vikki Johnson from Fusion Laser Cutting, Andy Steele from 360 Accountants, Rob Lewis from 54 Degrees North and Vicky Cartwright from Diva Cupcakes at Business & IP Centre Hull’s Start-up Day’s Start-up Stars.

If you missed this year’s Start-up Day, all speakers’ videos from London are available on our YouTube channel and our blog with our top tips is available to read. To see all of our upcoming events and workshops, visit our website. Here are a few highlights from the Start Up Day 2018.

07 August 2018

If the Shoe Fits… Finding your Business Niche

Finding your niche in any market can be tough; who is your customer? What do they want? What are your competition doing? Amanda Overs, a graduate of the Business & IP Centre’s Innovating for Growth: Scale-up programme and founder of I Can Make Shoes, set up a shoemaking school after being unable to find a course to make shoes, without the need for heavy machinery.

Amanda Overs, The Founder of I Can Make Shoes with course attendee
I Can Make Shoes workshop

“I was sick of being told ‘you can’t do it like that’” (by traditional shoemakers). With the demand for slow fashion and a resurgence of sewing and crafting, Amanda decided to put a positive spin on the negative backlash and eight years later has gone from running classes in her living room by herself to employing five part-time members of staff and running workshops almost every day of the year in both London and New York.

Research was crucial in finding out exactly who I Can Make Shoes’ customers were. Amanda says, “There has been a lot of trial and error over the years, but what I have found is the fastest, most efficient way of doing research is to actually ask your customer what they think. I regularly do surveys when I have a new idea to see what my audience think of it and recently started a Facebook community so that I can see for myself what it is that my students and customers really want and need.”

Amanda Overs, conducting her 'I Can Make Shoes' course
I Can Make Shoes now run workshops in both London and New York

Amanda is always looking at ways to improve I Can Make Shoes’ offering and the business is always changing and improving. Something Amanda says is “key to staying ahead of the competition”. Not only do they run workshops for members of the public, but they also have online shoemaking instructions, sell components, and train designers from major high street brands such as ASOS, River Island and Adidas.

The Innovating for Growth programme has helped Amanda take I Can Make Shoes to the next level, “It’s helped me to step back and reassess the business as a whole and identify the key areas of potential growth. I started in a bit of a whirlwind and have been treading water ever since, so to have fresh (very experienced) eyes and non-biased opinions on my plans for the future has been absolutely priceless”.

Part of the shoe making process being demonstrated by Amanda Overs
"Fail fast, learn faster and move on to the next thing.”

What tips does Amanda have for finding your niche? “Trust your gut. Don't overthink every detail. Fail fast, learn faster and move on to the next thing.” Amanda lives by her rules, due to popular demand she will be offering a new sneaker course launching soon...

Apply now for over £10,000 worth of business advice!

If you are already running a business and are looking to take it to the next level like Amanda, our three-month Innovating for Growth programme can help turn your growth idea into a reality. Applications are now open, so find out more here and apply now!

  European Regional Development Fund (ERDF) Logo

This programme is fully-funded by the European Regional Development Fund and the British Library.