On this morning’s WJR Business Beat, Jeff talks about a thousand year old business model that’s back and hotter than ever: bartering!
If you’re in business and you’re focused on preserving cash, check out the business model of bartering. If you have a skill you can offer, say, graphic design work, you could barter that in exchange for much needed accounting services. And no cash changes hands when trading one service for another.
Hear more from Jeff on the magic of bartering:
Ron Whitney, president and CEO of the bartered trade group known as the International Reciprocal Trade Association (IRTA), estimates $12 to $14 billion in trades will take place this year.
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