Vertical farming is fast-expanding but the costs are high and the food range is limited - for now.Read more
Business reporter, BBC News
Treat your customers as "all knowing", says beauty and fashion firm boss Michael Broukhim.
BBC Radio 5 Live
There has been a big drop in the proportion of new entrepreneurs that come from minority backgrounds, which has fallen to its lowest level since 2011, according to a study from Aston University and Natwest.
Dami Hastrup who founded Moonhub, a VR-training company, said it is "potentially" harder to be a black entrepreneur.
"There's definitely a wider discussion to be had in terms of support networks for founders and directors from ethnic minorities," he told Wake Up to Money.
But the 25-year-old said his age had also been "quite an interesting factor", especially in a boardroom full of older people.
He said being black "could have an impact or could have an effect" but in in the tech space, he thinks potential customers were more concerned about whether the product works.
"Because of that," he said, "race impacts less than you would initially think."
What do you do if you have a great idea for a business start up but no idea of where to start? The answer could be held within the walls of one of the world’s most famous fonts of knowledge - The British Library. Known for its priceless collections of manuscripts and historical documents, the world's largest library is expanding a service which offers free advice to start-ups and small businesses. The BBC's Elizabeth Hotson reports. (Picture: Exterior of British Library. Credit: Getty Images)
"Always have a Plan B, it may be better than your Plan A" says spinning studios boss Melanie Whelan.