Business case for launch

This kind of service is too early-stage for us to offer detailed income projections with any credibility. But here’s some core principles.

  • There are currently no upfront charges for launching a Slivers-of-Time marketplace and no cost for marketing materials. The service is funded by a fractional mark-up built into each hour sold.
  • Your staff will have to put in time to (a) line up the work that will go through your new marketplace (b) approve work-seekers. This is your key cost. However, the agency offering the marketplace can build a mark-up into each transaction. Typically this could be 10-20%. This income is unlikely to cover costs of staff time in the start-up phase.
  • You should probably expect a marketplace to become fully profitable in its 2nd or 3rd year of operation.

What's the aim?

What would you want a Slivers-of-Time marketplace launched by your organisation to achieve? Aims might include:

  • Building profile as innovators
  • Spreading existing work around to as many households as possible
  • Rejuvenating the local economy
  • Attracting inward investment
  • Fostering community cohesion
  • Keeping local work for local people
  • Increasing general employability and skills
  • Buying support workers and service provision more cheaply
  • Driving sustainable development
  • Raising internet usage locally
  • Creating a profitable, agency business
  • Immediately helping people into full time jobs
  • Getting hard-to-help groups into work

Broadly, Aims 1 to 10 are realistic in the short term. But the business case is unlikely to stack up if you expect immediate results for aims 11 to 13. A marketplace can do those things for you, but only in the mid to long term.

The rest of this section offers broad business cases for specific entities that might launch a Slivers-of-Time marketplace.

  • Copyright Slivers of Time Ltd, 2008
  • "Slivers of Time", "Slivers", the clock device, "UltraFlexi" and "My Terms" are registered trademarks.
    The technology described is covered by multiple international patents pending.