August 29, 2016
The term ‘sharing economy’ implies an economic model wherein individuals can borrow and rent assets that are owned by others. This type of model comes into play when the cost of a particular asset is very high and that asset is not even being completely utilized at all times. In such a scenario, small businesses can benefit a lot from the sharing economy. The high acceptance of this fast growing concept clearly shows that sharing is the new buying. Owners of small businesses and start-ups in the city of Markham have an opportunity to both make their lives easy and reduce the pressure of spending a fortune to own assets, especially if they are for temporary or part-time use.
Let us see some of the interesting ways in which small businesses in Markham can take advantage from a sharing economy.
Renting Assets for Short Term
Every small business can rent assets from their rightful owners. There are apps and websites for leasing practically any product, service or property, for instance you have Officescape for leasing a part-time office in Markham. These short-term offices or temporary offices offer several advantages to small businesses as they can be rented on an hourly, daily, weekly or monthly basis. They also allow you to have access and use a premium office address, along with a local phone number, with additional amenities and benefits such as an assistant and free parking space. Occupying an office in a co-working establishment gives you the added benefit of learning from other businesses and interacting with other professionals.
Becoming Part of the Shared Office Trend
If you wish to gauge the prominence and effect of a shared economy, you should observe the number of shared offices and co-working spaces that are available in Markham. This concept of sharing office space allows small businesses a professional and low-cost start. They can lease part-time or full-time offices, meeting rooms, conference rooms etc. and save futile expenditure on fixed term offices that would house only their individual company. The concept of co-working enables small business and start-ups to connect with the others to ensure mutual growth.
Today, the trend of a sharing economy is spreading to change the way entrepreneurs do business, especially the way they rent and occupy offices for work. If you too wish to be part of this shared economy, contact us.
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