In 1839, Beard took an interest in the frenzy of public excitement over the first announcements of practical photographic processes by
Louis Daguerre and
William Fox Talbot. In early 1840, Beard was contacted by
patent agent William Carpmael (1804–1867, who was also Talbot's agent). Carpmael brokered a meeting between Beard and an American, William S. Johnson who was marketing a photographic camera on behalf of his son,
John, and
Alexander S. Wolcott, an
instrument maker. The camera performed poorly but Beard grasped the business potential of photography so entered into a commercial agreement with Johnson and Wolcott, secured a patent on the camera and used
John Frederick Goddard's publication of the fact that fuming the silver plate with bromine as well as iodine improved sensitivity to light, thereby reducing exposure times. By September 1841, it was reported that on a bright day Beard's studio could make portraits in four to seven seconds. In 1841, with the assistance of William S. Johnson through instructions of his son (camera inventor), Beard opened England's first professional photography studio at
The Polytechnic, Regent Street. He purchased a monopoly on the patent of the
Daguerreotype process in England and Wales and spent £20,000 in establishing a chain of photographic studios in London and selling licenses for studios in the provinces, Goddard acting as technical adviser. He explored the possibility of licensing Fox Talbot's
calotype process but the two could not agree terms. Though Beard was describing himself in 1851 as a "photographic artist" and exhibited at
The Great Exhibition, there is little evidence that he was himself an extensive practitioner. The surviving Daguerreotypes attributed to him are largely the works of others. ==Litigation and disillusion==