I'll trade you this accounting advice if you give me that office remodel. I'll provide you with part-time controller services if you give me IT support.
With the present economic state it’s no surprise to hear that companies are seeking non-traditional means of distributing their own goods and services. Say you’re a consumer electronics retailers with extra inventory – there are now ways to unload stock and you don’t have to chalk up to a complete loss.
You can do so privately of course, in one case I am familiar with, a PR firm offered their publicity services to a Web design and Internet marketing firm in exchange for a new Web site. However, there are now official barter exchanges. Several Web sites, featured in a recent piece by Inc. magazine, promote online barter exchanges to encourage mutually beneficial trades for organizations.
It could be a good option for your small business. Be careful though, the piece warns that the systems that have been set up are far more effective when you are bartering with and for services than they are with actual goods.
It’s an option and trend that’s worth considering.
With the present economic state it’s no surprise to hear that companies are seeking non-traditional means of distributing their own goods and services. Say you’re a consumer electronics retailers with extra inventory – there are now ways to unload stock and you don’t have to chalk up to a complete loss.
You can do so privately of course, in one case I am familiar with, a PR firm offered their publicity services to a Web design and Internet marketing firm in exchange for a new Web site. However, there are now official barter exchanges. Several Web sites, featured in a recent piece by Inc. magazine, promote online barter exchanges to encourage mutually beneficial trades for organizations.
It could be a good option for your small business. Be careful though, the piece warns that the systems that have been set up are far more effective when you are bartering with and for services than they are with actual goods.
It’s an option and trend that’s worth considering.
Powered by Compendium
Comments for Is bartering a good idea?