On the week that the chancellor recognised earning money from your loft or driveway as a new way of tax free earning, the UK's leading storage sharing site Storemates launches its crowdfund campaign through Seedrs in a bid to help thousands of British people become ‘micro entrepreneurs'
"As the Chancellor's budget speech was the first ever to recognise the potential of the UKs growing ‘Sharing Economy', now worth £9B globally (PWC)http://www.pwc.co.uk/issues/megatrends/collisions/sharingeconomy/the-sharing-economy-sizing-the-revenue-opportunity.html the UK's largest storage sharing website Storemates.co.uk is urging homeowners to get on board and start earning today
Ben Rogers, Co-Founder of Storemates.co.uk comments on the new trend:
"This news from the Chancellor is fantastic for the micro entrepreneurs out there wishing to make money from the assets they already own, earning from the explosive new ‘sharing economy'. We launch our crowdfunding campaign today through Seedrs to seek investment to market our service to the whole country so that everyone can benefit from the opportunity."
Storemates is one of many ‘Sharing Economy' start ups that are now using crowdfunding platforms like seedrs.com to raise investment to what the Chancellor hopes will become a growth industry for the UK.
Ben adds "Many people are looking to back the next Uber or AirBnb before they become globally successful brands, We are confident that Storemates will be just as disruptive to the booming self storage industry".
Homeowner and editor of EcoThriftyLiving.com, Zoe Morrison shares her experience of renting her garage space for £65 a month: "My husband and I have been looking at ways to save and make money - Storemates is one of these.
"We rent out a third of our garage space to a local lady, who uses the space to store archive paperwork. We're now making £65 a month out of space that was previously full of junk - how thrifty!"
Householders are increasingly turning to online peer-to-peer renting, loaning and sharing services both to earn and save money. This emerging trend is often referred to as ‘the sharing economy' where existing assets are shared for a fee. Time Magazine refers to it as one of the "10 ideas that will change the world", while The Economist recently heralded peer-to-peer rental as a major shift in consumer behaviour.
Now there is a new tax break and considerable momentum, it is envisioned that the Sharing Economy will move confidently into the mainstream.