|Topic Review (Newest First)|
|07-11-2013 09:10 AM|
|johnsonhendorson||Bartering can be a way for you to grow your business without spending a lot of money on traditional payment techniques. It is considered by many to be a powerful tool to increase your business growth.|
|05-30-2013 01:50 AM|
|reynoldbeckers||No doubt, bartering can be a cost-effective and efficient way to grow your business. If used correctly and smartly, it can help you boost your business even when you are perhaps under the debt.|
|04-19-2013 10:05 AM|
|Maid to Shine||
Barter is one of the best options to grow any business. We never pay for printing, graphics design, car wraps, cleaning supplies, and many other things.
|04-19-2013 05:39 AM|
|lemservices||i would not do it|
|03-12-2013 01:48 AM|
|naturaldry||yes use networking groups locally!|
|02-25-2013 07:45 AM|
|yourroofcleaner||We belong to a trade group that allows us to get our trucks wraped on barter, gutters on homes, CPA's, Tax professionals, lawyers, the list just goes on and on. Have been using it for over 7 years now and have found it to be a good way to do business. I only do a small portion of our total sales this way though.|
|02-12-2013 08:13 PM|
We've bartered for new flooring our house, auto repairs, even our dining room furniture, all taken out in in trade, or partial trade.
|02-12-2013 11:24 AM|
|tobycrabtree||Very well written. Way too many small business owners forget about that aspect when they spend the majority of their time just trying to deal with the day-to-day issues.|
|01-30-2013 11:40 AM|
It is good to use barter but it is only
effective when you have lack of financial force. Entrepreneur of a small firm
can take advantage of this facility but large firms still have other options to
take finance from other sources.
|01-24-2013 11:38 AM|
Bartering to grow your business
I'm sure many of you have been in a situation where you wanted to do something that you know would grow your business but maybe you didn't have the funds for. Perhaps it's during a slow season or you had an unexpected expense come your way. I've found that bartering is a good alternative to get what you want. Here are some ways that you can barter to grow your business.
Join a barter group: There are many barter groups you can join. We belong to a local Barter Business Exchange. We are getting business that we wouldn't normally have and can buy other services (oil changes, printing, adertising etc...) that we need. It's just another option to make it easier for people to do business with you.
Barter with other local businesses: Perhaps you can barter with someone that has something you are looking for. You may need their services and they may need yours but neither one has the cash. You can solve two problems with one solution. We have bartered for advertising, food, lawn care, auto repairs etc... I have even bartered my services towards the purchase of a new guitar.
Part money/Part barter: We have been able to work with people that are willing to pay for half of the job and barter for the rest. This made it easier for that person to do business with us and we were able to do everything they wanted in one trip, as opposed to additional trips. Just be sure that you have a clear understanding of the value of what you are bartering for, so that it's a fair trade.