Executive Summary (TBC)
An opportunity to profit from the growth of the sharing economy
The sharing economy has become part of the real economy in the last 20 years. Ronaker, a new asset
sharing platform is a business which will offer users the opportunity to temporarily hire assets from other
users on the platform (which can either be another individual or a business) at a much greater discount than
buying that asset for themselves.
We are now facing a pandemic with significant economic consequences for everyone on the planet. It’s
time to rethink, go green, and make the best and optimized use of our assets at all levels. In this situation,
Ronaker by making sharing easy, secure, and mutually beneficial, aimed to partially offset the losses
incurred by many individual households and businesses across the world.
The problem – a recognized opportunity
There are many productive assets widely using in industries, agriculture, and other sectors, including
machinery, instruments, and vehicles that are underutilized and can be shared. This wide range of assets
that are costly and subject to depreciation can be shared and optimally being used.
Consider a time-served electrician or mechanic who, over the years, has amassed, at his own expense, a
comprehensive toolkit which allows him to perform his job. He may only work for 200 days a year. There
are 165 days remaining in a year on which he cannot produce a return from these assets.
If another professional or a skilled, amateur needs an expensive tool for a few days, it makes much more
sense to rent it than to buy it. The person or company which owns this tool can claw back some of their
costs of investment by hiring it out.
In reality, there are businesses and households with a variety of underused/underutilized machinery,
vehicles, and instruments, which could be rented out on a daily basis. They can raise money and make a
return on their assets that is currently costing them money and create no value. That’s a sustainable and
scalable solution with mutual benefits and considerable value-added.
Ronaker will connect hirer with hiree by Android app, iOS app, and by the website. Users can find assets by
category, activity, and tag sorted by geographical proximity to the hiree.