LOCAL BARTER BUSINESS HELPS BUSINESSES
SURVIVE DURING ECONOMIC LEAN TIMES
Cash-strapped entrepreneurs are using barter system as alternative to cash
(Sarasota, FL) Across the United States businesses both large and small are adapting to the economic downturn by reducing costs and cutting back on cash outlays. Trade and barter is one growing trend. According to the U.S. Department of Commerce, more than 250,000 businesses nationwide use organized barter to supplement their monetary transactions. Barter News, the official journal of the reciprocal trade industry, estimates that it’s more likely that one million small businesses are involved in barter, with transactions approaching $20 billion annually.
