Have you ever faced any of the following situations?
One: you need a lawyer but you don’t have the money to
Retainer Two: You have a warehouse full of
inventory that just doesn’t move. Three: Sales are
down and need more customers.
Each of the above problems could be alleviated by
barter
1. What is barter?
Barter is simply the exchange of goods or services
penniless.
For example, you give your accountant and his family
a meal at your restaurant in exchange for the
preparation of your income statement. This is a
barter transaction because no cash changes hands
between the two parties.
2. Barter improves liquidity and profits
Cash crunch is not an unusual situation for
whether companies or individuals. maybe you would
like to advertise in a particular publication, but only
I don’t have the money, have you thought about changing
something of value you have (a service or product)
for advertising you need?
Such a barter deal is mutually advantageous. Neither
part has to share with cash to obtain the desired goods
or services.
Bartering not only keeps the cash, but can also
really generate sales and profits. inventory turns
about faster. Service providers sell more than
their time than they would have insisted on cash.
3. Barter creates new customers
Notice, too, that both parties have just made a sale to
someone they normally wouldn’t have. you two only
got a new client.
If you are satisfied, your new client can refer you to many
more customers, including those who pay in cash. Maybe
your original barter customer can also start paying
cash in future transactions with you.
4. Barter exchanges
In addition to trading with individuals and
business, you might consider joining a barter
exchange.
Bartering is a business that facilitates the
exchange of goods and services among its members.
There are membership fees to join. He too
barter exchange charges a commission on transactions
made through him.
5. Fiscal aspects of barter
Barter transactions conducted by your business must be
reported for income tax purposes. Also sales tax
may apply to such transactions.
For increased liquidity and new clients, consider
barter your way to profit.
For more information on bartering, visit
http://www.yenommarketinginc.com/barter.html
[http://www.yenommarketinginc.com/bartering.html%0D%0A]
