Won't find licence service

Hi all,

I'm completely new to SAP B1 and I'm trying to install on to my laptop (win7 pro). I have found that I have to run the installs as the admin user (which is fine). But I cannot seem to get it to install properly.

The steps I have taken so far:

Installed Server Tools (seemingly successful)

Trying to install Server Package - I get asked for the SiteUser, Password, Licence Server - Port.

I'm unsure what I need to enter into the licence server section? I have tried both PC name and Local I.P address for my laptop but both fail...

Should I be looking somewhere specific for the licence server or is there a specific service I should be looking out for?

All help welcomed!

TIA!

Regards,

Rob