Use Barter More Effectively

MerchantsBarter · 08-11-2009, 06:36 PM

It's been around since Man traded Brontosaurus bones for lion skins, and if the current fiscal policies of the US and the rest of the (supposed) civilized world continue to go crazy - I've never heard of printing money doing anything else other than create really bad inflation, have you? Like a buddy of mine once said, if you keep blowing up a baloon, it does just that: blows up!

Barter isn't just for businesses, although I have a good blog article here that's of possible interest to some of you: http://businessbarterblog.wordpress....ative-to-cash/

It's also something that anybody with talents, or too much stuff, can use very effectively in this bad (or any) economy. Why pay cash when you don't have to? I grew up in London, UK and bartered all the time, we're just not so used to it here in the US, but it's catching on fast.

Try it, it's a lot of fun, it's good for socialising, but don't go too crazy when you first start... keep it little and keep it with people you know and trust first (people have been ripped off in the past! That's why ethical barter companies like the one I work with got started.)

Looking forward to chatting with some of you very soon.

FinanciallySMART · 08-11-2009, 08:17 PM

Thank you for your article.

MerchantsBarter · 10-07-2009, 04:16 PM

Thanks for the comments!

Reading the headlines this week, we could see an even larger boost in business than we already have, if the world nations unplug from the dollar as the reserve currency and use a basket of currencies for oil trading.

If people haven't started to get frugal habits yet, pretty soon they'll actually be forced to by default!

I was laughed at four years ago when I got into barter. Told I was foolish back then when I talked and blogged about this recession. I don't hear any of them laughing now, though.

Thanks again!

trustno1 · 10-22-2009, 10:34 PM

One of my earliest business ventures was a stained glass studio. I regularly traded my original works for various interesting offers made by clients.

Dental work, building materials, vacation stays at time-shares, stereo/electronics just to name a few. My favorite was a barter with the owner of several pawn shops. He was building a new house and his wife loved stained glass. I traded my work for "dollar credits" I could spend on products in any of his stores. It was great! Stereo equipment, vacuum, fishing gear, electronic gadgets, camping equipment, tennis racquets were just a small list of the items I acquired. It was like a kid in a candy store. Lot's of fun.

You just have to be careful not to over-extend the concept to the point where you affect operating capital for your business. Real money is required by landlords, utilities and banks, as a general rule...lol

Of course, it goes without saying that you always have to cover the "sales taxes" and other tax issues involved with all of those transactions. Especially paying attention to how your bartering "partner" records the "transactions".

08-11-2009, 06:36 PM	#1
MerchantsBarter Junior Member Join Date: Aug 2009 Location: USA Posts: 21 Thanks: 17 Thanked 2 Times in 2 Posts Reputation: (12)	Use Barter More Effectively It's been around since Man traded Brontosaurus bones for lion skins, and if the current fiscal policies of the US and the rest of the (supposed) civilized world continue to go crazy - I've never heard of printing money doing anything else other than create really bad inflation, have you? Like a buddy of mine once said, if you keep blowing up a baloon, it does just that: blows up! Barter isn't just for businesses, although I have a good blog article here that's of possible interest to some of you: http://businessbarterblog.wordpress....ative-to-cash/ It's also something that anybody with talents, or too much stuff, can use very effectively in this bad (or any) economy. Why pay cash when you don't have to? I grew up in London, UK and bartered all the time, we're just not so used to it here in the US, but it's catching on fast. Try it, it's a lot of fun, it's good for socialising, but don't go too crazy when you first start... keep it little and keep it with people you know and trust first (people have been ripped off in the past! That's why ethical barter companies like the one I work with got started.) Looking forward to chatting with some of you very soon.

08-11-2009, 08:17 PM	#2
FinanciallySMART Member Join Date: Jul 2009 Location: Jamaica Posts: 88 Thanks: 0 Thanked 4 Times in 4 Posts Reputation: (14)	Thank you for your article. __________________ http://financiallysmartadvice.com http://www.financiallysmartonline.com,

10-22-2009, 10:34 PM	#4
trustno1 Senior Member Join Date: Jul 2009 Location: Rocky Mtns, Colorado, USA, Earth Posts: 266 Thanks: 0 Thanked 11 Times in 9 Posts Reputation: (26)	One of my earliest business ventures was a stained glass studio. I regularly traded my original works for various interesting offers made by clients. Dental work, building materials, vacation stays at time-shares, stereo/electronics just to name a few. My favorite was a barter with the owner of several pawn shops. He was building a new house and his wife loved stained glass. I traded my work for "dollar credits" I could spend on products in any of his stores. It was great! Stereo equipment, vacuum, fishing gear, electronic gadgets, camping equipment, tennis racquets were just a small list of the items I acquired. It was like a kid in a candy store. Lot's of fun. You just have to be careful not to over-extend the concept to the point where you affect operating capital for your business. Real money is required by landlords, utilities and banks, as a general rule...lol Of course, it goes without saying that you always have to cover the "sales taxes" and other tax issues involved with all of those transactions. Especially paying attention to how your bartering "partner" records the "transactions". __________________ "Think Less, Act More...Life is Short" Last edited by trustno1; 10-22-2009 at 10:39 PM. Reason: adding info

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10-07-2009, 04:16 PM	#3
MerchantsBarter Junior Member Join Date: Aug 2009 Location: USA Posts: 21 Thanks: 17 Thanked 2 Times in 2 Posts Reputation: (12)	Thanks for the comments! Reading the headlines this week, we could see an even larger boost in business than we already have, if the world nations unplug from the dollar as the reserve currency and use a basket of currencies for oil trading. If people haven't started to get frugal habits yet, pretty soon they'll actually be forced to by default! I was laughed at four years ago when I got into barter. Told I was foolish back then when I talked and blogged about this recession. I don't hear any of them laughing now, though. Thanks again!