How Your Small Business Can Save Money By Bartering
We’ve told you about many new trends you should consider using as a business owner.
But sometimes trying an old – even ancient method – could help you experience a new level of success.
One of those ancient methods is bartering.
Check out this article called “BBB Small Business Advice: Save Money by Bartering” and learn more…
“The concept of bartering predates currency, however currency isn’t as easy to come by these days and some business owners are seeing the benefit in trading their goods or services, instead of dealing in cold hard cash. Better Business Bureau offers the following advice for small business owners on how they can benefit from bartering.
“According to Craigslist, a network of online classifieds, bartering ads have doubled in the past year. Craigslist attributes the increase to the declining economy. It is possible for individuals to barter just about any item or service on Craigslist; but bartering isn’t just for individuals. About 400,000 U.S. companies are doing business-to-business bartering, resulting in $3 billion to $4 billion in transactions annually, according to the International Reciprocal Trade Association.
“‘Going back to the basics with bartering can help a business owner cut down on personal and business operating costs in a tight economy,’ said Steve Cox, BBB spokesperson. ‘Whether you’re trading services or goods, bartering can help out your bottom line and even help generate new customers.’”
Photo by Tax Credits
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