EXHIBIT 10.2


                               AMENDMENT NO. 1 TO
                              SEPARATION AGREEMENT


      Amendment No. 1 (the  "Amendment")  dated as of September 30, 2004, to the
Separation  Agreement  dated as of December  31,  2003 by and between  Find/SVP,
Inc.,  a New York  corporation  having its  principal  executive  offices at 625
Avenue of the  Americas,  New York,  NY 10011  (the  "Company"),  and  Andrew P.
Garvin, residing at 145 East 81st Street, New York, NY 10028 ("Garvin").

                                   WITNESSETH

      WHEREAS,  the Company and Garvin are  parties to that  certain  Separation
Agreement  dated as of December 31, 2003 (the  "Agreement");  capitalized  terms
used but not  defined  in this  Amendment  shall  have the  respective  meanings
ascribed thereto in the Agreement; and

      WHEREAS,  the parties hereto desire to amend the  Separation  Agreement in
order to  restructure  the timing and  amount of certain  deferred  compensation
payments on terms as set forth below:

      NOW,  THEREFORE,  in  consideration  of the premises  and mutual  promises
herein contained, it is agreed as follows:

      1.    Section  7 of the  Agreement  is hereby  amended  by  deleting  such
section in its  entirety  and  inserting  the  following  new  Section 7 in lieu
thereof:

            "Deferred  Compensation  Agreement.  The parties  hereby
            acknowledge  and agree that commencing as of the date of
            the   Amendment,   in   satisfaction   of  the  parties'
            obligations  under the Deferred  Compensation and Salary
            Continuation  Agreement  between  the Company and Garvin
            dated June 30, 1984,  Garvin shall receive such payments
            as are set  forth  on the  revised  Exhibit  B  attached
            hereto."

      2.    This  Amendment  has been entered  into and shall be  construed  and
enforced in accordance  with the laws of the State of New York,  without  giving
effect to its conflict of laws rules.

      3.    Except as expressly  amended by this Amendment,  the Agreement shall
remain in full force and effect as the same was in effect  immediately  prior to
the effectiveness of this Amendment.





      4.    This Amendment  shall be governed and construed on the same basis as
the Agreement, as set forth therein.

      5.    This Amendment  shall be effective as of the date of this Amendment,
and all references to the Agreement  shall,  from and after such time, be deemed
to be  references  to the  Agreement as amended  hereby.  This  Amendment may be
executed in any number of counterparts,  each of such counterparts shall for all
purposes be deemed to be an original,  and all such counterparts  shall together
constitute but one and the same instrument.

      6.    This Amendment has been entered into after negotiation and review of
its terms and conditions by parties under no compulsion to execute and deliver a
disadvantageous  agreement.  No ambiguity or omission in this Amendment shall be
construed or resolved against any party on the ground that this Amendment or any
of its  provisions  was drafted or proposed by that party.  Garvin  acknowledges
that he has been represented by counsel in the negotiation of this Amendment.

      IN WITNESS  WHEREOF,  the parties have made and executed this Amendment on
the date first set forth above.

                                              FIND/SVP, INC.



                                              By: /s/ Peter Stone
                                                --------------------------------
                                                Name: Peter Stone
                                                Title: Chief Financial Officer


                                              /s/ Andrew P. Garvin
                                              ----------------------------------
                                              Andrew P. Garvin



                                       2




                                    EXHIBIT B


1.    The  Company  shall pay  Garvin a lump sum amount of $75,000 on August 31,
      2004.

2.    The  present  value  of  the  Company's  remaining  deferred  compensation
      liability to Garvin shall be reduced by $88,000 to $142,569.

3.    The Company  shall pay Garvin $1,130 per month  commencing  with the first
      payment on September 24, 2004 until the payment due on July 24, 2010, then
      $2,950 per month until and including the month ending December 31, 2013 in
      full satisfaction of all remaining  deferred  compensation  obligations to
      Garvin under the Deferred Comp Agreement.