Sunday 22 February 2015

The Bottom Line

Hosted by Evan Davis, ‘The Bottom Line’ on BBC Radio 4 is billed as ‘the business conversation show with people at the top giving insight into what matters’.
 
Last week’s edition on ‘Inventors’ included Shaun Pulfrey, inventor of the Tangle Teezer™ hair brush, first showcased on the ‘Dragons' Den’ TV programme in 2007.  At that time, the ‘Dragons’ declined to invest in Shaun’s company.

Shaun has had the last laugh, explaining in last week’s programme that the turnover of his company this year has been £22 million.  But, the company notes:

In recent months, the Tangle Teezer brand seems to have become a victim of its own success. The phenomenal demand for our brushes has unfortunately led to a recent increase in the sale of counterfeit products. We have become aware that auction sites and small web-shops are a huge part of the problem and we discourage anyone from buying from such unauthorised sellers.

There are many ways of using intellectual property in engineering business. You should of course seek professional advice on your own particular circumstances.