Money Doesn’t Come Without Guidance ...
A sharing economy is a marketplace that connects demand and supply. It is an umbrella term with a range of meanings. Moreover, it is an economic model that allows individuals to borrow or hire assets owned by someone else. Like - Someone is renting out a room or a whole house or unit for a short-time basis.
It is also referred to as collaborative consumption that usually connects buyers and sellers via multiple Apps or website. Different types of sharing economy like- Uber, Airbnb, Zoom2U, Mad Paws etc. are becoming more popular day by day among Australian people.
To involve in a sharing economy one must consider the following things-