Welcome to our blog about bartering
For centuries people exchanged goods and services off a barter system; it has only been recently that so much emphasis has been placed on monetary exchanges. If you know what people want then you can always negotiate a deal with them that favors both parties.
What exactly do I mean? Take for example a small start-up company that needs to hire a CPA to help with federal and state tax filings. That service could run a new company around $1,000 – $2,500. That might be a tough nut to swallow when you are just starting out. Instead of paying an accountant, offer to make an introduction to someone you know who they want as a client; provide some of your services for an equal value; let them use your vacation timeshare for a week; or even let them borrow your boat (if you have one). Transacting business with someone does not need to be done with cut and dry invoices.
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