Business Case: Business Improvement District

Any up and running BID should be able to find enough aggregated demand among members to get a Slivers-of-Time marketplace off the ground. Doing so will enable them to engage with local people. The scheduling efficiencies offered could particularly benefit SME members.

 Introduction to Business Improvement Districts.

The first step is to assess the buying power available for Slivers-of-Time within the BID. That will be made up of:

• Members' individual requirements: to what extent could the retailers, caterers and office based operations within the BID be expected to buy spare hours of local people each week if the pool of people was sufficiently reliable?
• Collective requirements: does the BID require street wardens? Ad hoc cleaners? One off events or promotion staff? See our guide to Slivers-of-Time v. job creation.

Then an agency will be needed to launch and run the market. They may, of course, be a member. They can consult our "How to launch" section. You may want the service branded as the BIDs.

Once approval is given and if the agency are keen, a tangible marketplace can be up and running within a couple of weeks.