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Building & Running a Successful Research Business: A Guide for the Independent Information Professional

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Title: Building & Running a Successful Research Business: A Guide for the Independent Information Professional
by Mary Ellen Bates, Reva Basch
ISBN: 0-910965-62-5
Publisher: Cyberage Books
Pub. Date: 01 April, 2003
Format: Paperback
Volumes: 1
List Price(USD): $29.95
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Average Customer Rating: 5 (5 reviews)

Customer Reviews

Rating: 5
Summary: An outstanding book.
Comment: These days, newspapers and magazines are full of "work-from-home" business opportunities. Most of these advertisements claim to provide the gullible consumer with a way to make thousands of dollars each month in their pajamas. The truth is there are no easy ways to make a living as a small business owner. Owning your own small business means constant hard work in promotion, administration, client meetings and endless planning for the future. It also means doing due diligence in an effort to discover exactly what transitioning into a new line of business fully entails. For those interested in developing their own business dedicated to the discovery, packaging and sale of information, Mary Ellen Bates, with the assistance of Reva Basch (Editor), has put together a comprehensive how-to manual devoted to the burgeoning profession of the Independent Information Professional. Any effort at discovering what this field is about should include a study of this book.

Readers will note from the very first sentence that this is not a get-rich quick business scheme, nor is this a business for the faint of heart. Through the work's thirty-five chapters and four appendices (443 pages total), Mary Ellen Bates deftly guides her readers through the myriad intricacies of starting and growing an information brokerage. This book contains many of the things that one would expect from a book that directs the reader in the business of running a business: Finances, accounting, rates and fees are all addressed. What sets this work aside from others though is the depth of the information Bates gives her readers. For instance, most people starting a one or two person business might think about the most obvious things like desks, bank accounts and the like. However, what about errors and omissions insurance, confidentiality, networking and professional development? These are but a few of the critical issues that the small business owner would be remiss to overlook. All are covered in depth in Building & Running a Successful Research Business.

In the first three chapters, Bates provides her readers with a detailed job description, if you will, of the "Independent Info Pro", a glimpse into what might be a typical day in her business life and some insight into the joys and frustrations of the profession. This is exceptionally useful information that covers finding clients, real-life experiences and a section of frequently asked questions. This is exactly the type of information that potential info pros need to help them make decisions about the viability of joining this profession.

This book truly begins to soar when Bates launches into details about the research process and the resources available for use in the field. I have to admit an almost guilty pleasure in reading this section of the book. Like many who have taken advanced degrees in Library and Information Science, I learned long ago that it's all about the information and our ability to communicate that information to our clients and patrons. While many of us lean toward the joys of interacting with clients, there are others who enjoy interacting with the information resources maybe a bit more than interacting with humans. I count myself in that latter group. For this reason, I felt a palpable chill in my spine as I went through Bates' description of online resources, public records, special collections and the like. For the information junkie, this is simply outstanding material.

As a detailed reference tool and guide to the profession, Mary Ellen Bates has constructed an impressive work that will leave readers well informed about the career. Those contemplating a career change into the field of Independent Information Professionals, as well as those who are just starting out, will be well served by this outstanding work. I highly recommend Building & Running a Successful Research Business: A Guide for the Independent Information Professional.

--- Reviewed by
Timothy E. McMahon, M.S.
Executive Editor
Northeast Book Reviews
[email protected]

Rating: 5
Summary: An Invaluable Resource for All Information Professionals
Comment: Building and Running a Successful Research Business by Mary Ellen Bates is an invaluable resource for any information professional working on his or her own or even just considering it. It provides insights into all aspects of starting and operating a research business and is organized so that you can refer to it quickly for specific references or spend in-depth time with various sections to immerse yourself in a topic.

Having mentors, guides and industry leaders like Mary Ellen who share their knowledge and wisdom so freely makes it less intimidating for someone, like myself, who is relatively new to this dynamic but challenging field. It also reassures me that the industry will continue to provide viable careers and produce future generations of information professionals of the highest quality.

For many people this is the best career in the world and Mary Ellen is showing you, step by step how to be successful at it.

Rating: 5
Summary: Creating and running one's own independent research firm
Comment: MaryEllen Bates' Building & Running A Successful Research Business: A Guide For The Independent Information Professional is a step-by-step processing to creating and running one's own independent research firm. Individual chapters cogently address what independent information professionals do; how to structure a business; tips, tricks, and techniques for managing clients and money; marketing, online services; and much, much more. Deftly edited by Reva Basch, Building & Running A Successful Research Business is an absolute "must-read" for aspiring entrepreneurs with an eye for the dynamic, volatile, competitive, potentially profitable field of commercial research and product development.

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