Karen Morath of FlyingSolo asks, “Is it good to barter?” and concludes that barter, or as she also calls it “contra deals”, isn’t worth the trouble. Here’s part of her reasoning:
But that’s nothing compared with having to tell your would-be accountant that he or she needs to work for three hours at their [...]
Category Archives: Why Barter?
Yes, It Is Good to Barter
04-Sep-07Why Barter Aging Inventory?
03-Apr-06The Company Doctor Scott Clark explains that carrying stale inventory is a poor idea for several reasons.
These shortsighted business owners maintain this aging, stale inventory without taking into consideration the fact that value of their obsolete inventory is diminishing over time, while the carrying cost associated with maintaining that inventory keep accruing. Therefore, at [...]
Barter for Employee Bonuses
11-Feb-06Jane Partington, chair of the Wales-based Tenon Forum, a think-tank of entrepreneurs, suggests that barter, among other alternatives to cash bonuses, can help cash strapped businesses motivate employees.
“In some sectors, financial bonuses can be very motivating, while in other industries, alternative initiatives are often much more effective at maintaining morale.
“There’s a whole armoury of [...]
Bartering goods and services has many inherent advantages according to James Gielarowski, president of the Pittsburgh Trade Alliance. It provides an opportunity to shift inventory and improve cash flow.
Gielarowski said “trade has an inherent discount†when taking into account a product’s actual cost if it were obtained with cash. The company receiving goods or [...]
5 Tips to Save Money with Barter
25-Oct-05Entrepreneur Magazine offers 5 tips to help your business save money with barter.
Know the difference between direct barter and exchange barter.
Don’t believe the misconceptions.
Do your homework.
Realize that what you barter away has value to you.
Check out the many available barter resources.
Don’t believe the misconception that you’ll somehow get shady products or services in barter.
Source: Entrepreneur [...]
