Home topics technology Digital Small Business Tech Digital Some business owners supplement income by providing shareconomy services, MYOB finds James Harkness February 23, 2017 The number of SME operators who believe the sharing economy is having a positive impact on their business far outnumber those who believe it is detrimental, according to cloud accounting provider MYOB Over 1000 SME operators from across Australia were survey for the bi-annual MYOB Business Monitor, which found that the franchise sector was the most positive about the sharing economy, with 71% of franchisors and 41% of franchisees reporting a positive impact on their business. Across SME operators generally, nearly a fifth (18%) said the sharing economy was having a positive impact on their business, with only 7% reporting a negative impact. Meanwhile, close to three quarters (73%) had neither seen business disrupted or boosted by the sharing economy. According to Simon Raik-Allen, Chief Technical Advisor with MYOB, the sharing economy is an area of genuine growth and innovation in Australia. He told Dynamic Business that nearly one in three operators (31%) have participated in the sharing economy via Uber, Airbnb or a similar platform. “We found that 14% owners have supplemented their income by being a provider of services such as renting their home via Airbnb or working as an Uber driver,” he said. “Gen Y operators were much more likely than boomers or traditionalists to have used (51%) or provided services (31%) as part of the sharing economy, particularly compared to baby boomers