Who uses barter?
Barter is a practice as old as mankind. It is a way for people to trade what they have or what they do for the other goods and services they need. In today’s economy, barter has reached such a level of sophistication and acceptance that most major Fortune 500 corporations engage in millions, even billions of dollars in barter yearly. You may be amazed to find that more than 60% of all businesses utilize barter to increase their business and their bottom line. Any business that is looking to move excess inventory, generate new sales, and conserve cash can benefit from New England Trade. 2. How does barter help your financial bottom line? Anytime you can pay for something you want with something you have (inventory, excess capacity) instead of writing a check, you have helped your bottom line. For example, a local restaurant owner was writing a check every month to pay for his exterminating service. Once he joined New England Trade the restaurant switched to an exterminator that is a mem
