subject: Barter Trade As An Option For Small Business Owners [print this page] For some small business owners, it is imperative that they find other means to market their products and services, especially now that most of them have diminished capital reserves due to difficulties in obtaining credit. Some have gone the creative route, using other online bartering as the way to purchase what they need and/or to get paid for what they are offering. Bartering is a fast growing trend now, especially since it is so easy to do bartering now through online barter sites.
New barter clubs are born in every state all the time, with the purpose of gathering people who are interested in using one of the oldest methods of trading goods and services. If you want to acquire something that your small business otherwise could not normally afford, try joining a barter group, preferably in your own area. You would have to check online what sites are available to you, however, if you want a wider scope of choices, you can simply use the Internet to join online barter trade sites.
Online barter trade sites are varied. There are some that only offer product trading or services trading only. However, there are also sites that allow you to trade products for services. For example, you could barter an old, but functional computer for a few courier services. Look around your office and check all the things that you no longer need, but can still be useful to other companies, and offer them in exchange for other products or services you need.
Bartering online can be quite profitable for you, as long as you know how to make the most of online bartering sites. Go through the terms of use of these websites, and check which one suits your needs, especially when it comes to the fees that they are charging. Some simply charge a one-time annual fee, some charge a monthly, recurring fee, and others only charge a percentage of the trade completed.
Go through the categories available on these sites, and check if any of what you can offer fits in. At the same time, also check if the products or services available would be useful to your small business.
Remember to be specific when you list the details of the products and services you are offering for barter. For example, if you are offering website creation services, cite the extent of your service, such as how many pages you are willing to make per website.
Be careful also to assign the right value for what you are offering. There are online bartering sites that offer "bucks" which you can use to put a dollar sign on every unit of what you are bartering. This makes it easier for other people to see if the barter trade is worth it.
by: Debbie DeSousa
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