The sharing economy, also known as the collaborative economy, is a new business opportunity. It is a model that allows the participation of a large community of people from both the national and international business world, while contributing to the revenue of individual companies.
Amid the pandemic, the new normal has forced companies to change their work rhythm and strategies. Mexico has now introduced the so-called home office to its everyday working life, a business concept that had long been common for some countries. Mexican businesses have now found in technology an opportunity to reach more people, and enter international markets.
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Why is the sharing economy a business opportunity?
The benefits of working in this new normal have an impact on both small businesses and large companies alike. They include an increase in employee productivity, the virtual elimination of employee absenteeism, and a reduction in the costs of production and infrastructure.
The sharing economy is a model focused on the collaboration between companies and businesses. Some economic sectors currently work under this model.
Characteristics of companies working in the sharing economy:
Use of technology
The new normal is heavily reliant on technology. Digital resources such as websites and mobile apps have the ability to help brands and businesses improve their finances.
Buyer-supplier relationship
As the level of trust between the buyer (or customer) and the supplier grows, so does the likelihood of the user engaging with the product or service being offered by the company.
Home office
This new business opportunity nurtures human talent as well. Using online tools and services allows employees to work from home.
>You might be interested in our entry: Tips to increase employee commitment levels in the workplace.
Technology is far-reaching, and it tears down multiple barriers. The sale and purchase of products, lease agreements, and the trading of goods, can all be carried out online. Technology is the means by which your business will be able to achieve its full financial potential.
At QuAdrans Law and Finance we have a group of experts capable of offering you customized and effective solutions for your company’s every need. We are an avant-garde firm willing to improve the performance of your business.
