Have you been thinking about joining a barter exchange and wonder if it’s right for you?
There are many benefits to a barter membership. You can get new customers, improve your cash flow, make business connections, and buy things without having to spend cash. However, barter isn’t for everyone. Here are 5 ways to know if barter is right for you:
- Do you have room for more clients in your schedule?
Want to fill more billable hours? If you are booked months in advance, now may not be the time for barter. However, if you have a service based business that is looking for more clients, barter is worth considering.
- Do you have excess capacity?
Do you have a hotel, bed & breakfast, timeshare or other rental space that is not fully booked? Barter is an excellent way to generate income from a resource that would otherwise go to waste. The same holds true for media – if you have a newspaper or radio show that could use more advertisers, barter could be the answer.
- Do you have excess inventory?
Are you a retailer, wholesaler or distributor with inventory you’d like to move? Maybe you have samples, seasonal items or slow moving stock. Barter is a great way to sell these items at regular retail prices instead of discounting.
- Do you have places to spend the barter dollars you earn?
If you are interested in joining a barter exchange, have a look at the other members in the system to see where you can spend your barter dollars. The size of the network is important, but it’s not the only consideration. Spend time with a barter representative who can show you what is available and how it can relate to your business and personal needs. Check out the variety of items available on barter and consider joining the hundreds of barter members who are saving thousands of dollars in cash.
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