Billionaire entrepreneur Richard Branson has announced a radical new plan which will transform the garden of his house in Surrey and possibly emerge as a disruptive force which could change the world's economy.
'I have decided that the might of the Virgin Group should raise its ambitions beyond global control of telecommunications markets and space travel and move into the embryonic shed business. And to that end I intend to build a shed in the garden of my house, and use it to store items such as my wheelbarrow and lawn mower. It is truly revolutionary, wept an emotional Branson.'
Industry analysts have identified that the global shed business could be worth billions particularly as the concept of shed ownership becomes embedded into India and China. 'Virginsheds.com could be one of the biggest IPOs of the year' said an excited Martin Green from global management consultants McKinsey & Co, adding that 'The market is still young and new entrants might incorporate new features such as cat flaps into the door or posssibly integrate battery powered burglar alarm systems and LED lighting into the building's fabric.'
Branson expects that a whole new line of business opportunities could arise from the shed revolution 'We are thinking of moving into shelving as we see the two businesses possessing synergies that could result in the development of a complex system of shed shelving that could be used to store garden snippers and a watering can.'