This post originally appeared on startupnation.com/start-your-business
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.
StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here
Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.
The post WJR Business Beat with Jeff Sloan: Bartering in 2020 (Episode 29) appeared first on StartupNation.