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Business Initiative

From Lock Up to Start Up

Published 31/01/2014 00:00:00

Here at ASC, we always like to praise businesses or initiatives which provide inspiration to other small businesses. Earlier this month, Steve O’Connell, the GLA Conservatives planning spokesman released a report entitled “From Lock Up to Start Up”

The report rightly highlights how tough it can be for small businesses, be it internet start-ups, micro businesses in light industry, or any company looking for offices, to be able to afford the rent on a premises.

And the solution he proposes might sound strange at first, but on reflection, it could be beneficial to many parties. The solution is that unused garages could be converted into workspaces. These workspaces could then be cheaply rented out to small businesses at a much lower rate, and offering more flexibility than larger offices and workspaces. The other benefit being that the garages are not sitting idle, are not vandalised and can benefit the community.

Steve is looking at piloting the scheme in London, and we at ASC will keep an eye on the scheme with interest and hope it can provide a useful solution to many small businesses.

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