With fewer paying customers, businesses are turning to trades to keep busy and reduce spending. Trade exchanges work like mini-economies, wherein members perform services and earn trade dollars. And if the trade dollars can be used for things that the company would pay for with cash – then it’s almost as good as cash. (BizSense… Read more »
James River Trade Exchange
Wanna Trade: bartering can help conserve cash
Most business owners have at least a few good yarns to tell about a trade gone screwy (possibly involving a goat, if you’re lucky). No hard statistics exist on the volume of bartered transactions because much of it is off the books. One accountant said it happens, “all the time.” Sometimes Scott Brown likes to… Read more »