NOVA
NEWS
Business Solutions E-zine
A free service brought to you by
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NOVA PLAZA The "Suite
Address" on the Internet for Businesses
May 15,
1998
Topic :
Bartering
The exchange of services and goods began before
money was even thought of. Today, bartering is still very active. It is a
wonderful way to help you keep your costs down in slow seasons. For businesses
just starting out, bartering is a great way to gain new business and build on
your client referral base.
I was surprised to see the statistic from the
International Reciprocal Trade Association reporting that over eight billion
(yes billion) dollars worth of trade transactions occur yearly in the
U.S. alone!
For tax purposes bartering is considered the same
as a cash transaction and should be recorded accordingly in your accounting
records.
You may be familiar with bartering on a one to one
basis. Such as baking some pot pies and trading these with the goat farmer down
the road because your child is allergic to cows milk (my mother did this)..or
building a website in exchange for business cards, brochures and other printed
literature. Everyone has a skill to trade.
The second form of bartering is through a barter
exchange service or broker. These work very well if you don't find the person
with the services you need or those that need your services or product. I found
some great resources online to find others to barter with.
This Month's Sponsor:
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National Association of Trade
Exchanges
This site offers fantastic statistics and
information on bartering in the U.S.
International Reciprocal
Trade Association:
You'll find an extensive international listing of
bartering and brokerage services available. This site has search by state and
country ability. Very nice for finding a local broker near
you
Bartering Fever E-zine:
When you sign up for this e-zine you are
given a free listing offering your services to help with both bartering and
selling your products or services. The e-zine comes via e-mail and lets
you know what others have to trade as well. Fantastic free
service.
Books On Bartering Services
and Products
Survival Bartering
Duncan Long
$8.00
How To Increase Your Income 25 Per Cent by
Bartering
Charles E. Youngblood Joan
Crowther
$19.95
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Please visit http://www.novaplaza.com Small Business
Community and "The Suite Address on the Internet." In our
Business Resource Library you will find answers to most any business related
question or inquiry. This is where I began my search to find all of the
above information.
Previous E-zine on ACCOUNTING
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