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Using Money You’ve Already Spent

Guest post by: Kathleen R. Smart

Article Overview: By using barter, you can use your current inventory or available time to get the things you need, without having to give up valuable cash. If you're like most businesses, you have a limited amount of money to spend. When you decide to order inventory or hire a new employee, you are tying up cash that you can't use elsewhere. What happens when another opportunity comes along, and you just don't have the cash to participate? By using barter, you can use your current inventory or available time to get the things you need, without having to give up valuable cash.

Using Money You’ve Already Spent

If you're like most businesses, you have a limited amount of money to spend. When you decide to order inventory or hire a new employee, you are tying up cash that you can't use elsewhere. What happens when another opportunity comes along, and you just don't have the cash to participate? By using barter, you can use your current inventory or available time to get the things you need, without having to give up valuable cash.

For example, a recent top selling book publisher was traveling through Atlanta, and needed some emergency printing done. He contacted our office for help, and we suggested that he transfer some of his book inventory into the National Trade Network, obtaining full credit for the retail value of his books.

He used that credit to pay for his printing on trade. Thus, he was able to invest his cash into his books, and then used the same money again by trading the books to purchase printing.

Any time a business owner has unused or idle inventory, empty space or unused time, it can be turned into a ready resource for barter. Exchange those things for business expenses or personal expenses! Why not use the money you have already spent?

Want to learn more about how you can use barter and trade to help your business's cash flow? Submit your comment or question below and the barter coach will be happy to answer it!

Consider eccess inventory that you might have on hand and those seasonal items. You can offer these through a reputable barter exchange and often get close to retail value for your sales instead of discounting the items often to 20% or even less on a cashout basis.

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Article Tags: barter, business marketing, money



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