July 9, 2009

No Cash, No Worries


Are you running low on your liquid capital but you still need to update your business? Have you considering Bartering? "Even in modern times, bartering remains a practical choice for small businesses. It's a cash preservation tool, something that's especially useful in a tough economy. It can also help move unsold inventory or put idled staff to work. Done right, bartering can even drive new cash business." stats Justin Martin from CNN Money.

For starter register with the International Reciprocal Trade Association (IRTA) and become one of the 250,000 small business who formally exchange their goods and services.

So the next time you need to fix equipment for your small business, instead of calling a service that will require cash, why not think of someone who is will to fix it in exchange for something you already have.

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