Tom McDowell’s Barter Blog

Barter is a resourceful process of transacting business without the use of cash. In organized barter, business members use what they have to buy what they need, with a barter exchange serving as the marketing agency, facilitator and a third party record-keeper.
How can a trade exchange be a marketing agency? All the members [...]

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Barter is a method of transacting business without the use of cash. Trading one thing for another. Sounds easy but you may be wondering how the IRS feels about barter. It’s wise to check out the requirements at www.IRS.gov.
Here’s a general insight to the consumer end of barter by a barter industry veteran. [...]

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Barter. Trade. Swap. Exchange. Just a few common words used to describe something we have all done since we were children. We’ve traded baseball cards, packed lunch items, Barbies, clothes, records, books, and even household chores! We wanted something and traded something we had for it. Everyone was happy. Why did you stop?
Barter is [...]

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Barter is a way of conducting business by utilizing trades instead of cash. It’s nothing new…. been around for centuries. Any savvy businessperson would always have a barter option available in their business plan. It’s the most elemental concept in business and I can’t stress enough how long it has been in practice.
Granted, we [...]

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A common misconception is that businesses only barter with local businesses. There’s no need to think so narrowly. It doesn’t matter where in the world you barter with as it is based on two parties wishing to exchange or barter goods or services. A factory in Ohio may barter with a company in Texas that [...]

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Where can business owners find companies to barter? Turn to your own account payable/receivables vendor lists. These vendors are already familiar with your needs and expectations. You are an established client and they wish to keep your business. Other potential barter opportunity…Your customers.
Barter is a lot like networking. When you need something, you think [...]

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