5 Benefits of Barter Exchanges
By Kym Gordon Moore
Many new and startup business often have a plan of action, but lack sufficient financial resources to get off of the ground and operate successfully. When entrepreneurs and organizations lack the currency to acquire goods and/or services, bartering is an option that could benefit all parties involved. Barter exchange is a process in which trading, swapping or exchanging one commodity for another becomes a viable alternative for businesses or organizations that do not have the capital to operate as effectively and efficiently as they would like to.
In general, bartering services occurs between two people or businesses with the intention of trading goods or services that the other party wants or needs. In order for the barter system or gift economics to be successful, providing an exchange of commodities should be treated with the same type of approach and excellence that would be provided if money were involved. There are various degrees of engagement within the bartering system, which could require a small fee. Here are a few benefits on the practice of bartering: Continue reading…