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Despite Economic Hardships Barter Gives Buying Power
For small businesses with sluggish sales or for under employed professionals with time on their hands, barter helps dispose of excess inventory and increases their work hours.
Though there are over 500 trade exchanges across America many South Bay business owners are not familiar with the concept of organized trade as a means of growing their business. To help bring this message to the area the South Bay Trade Exchange is holding a Business Builder Workshop Orientation for independent business owners
Wed. Sept, 19 10:30 a.m. at 1807 Manhattan Beach Blvd. Manhattan Beach, CA
In a tough economy, the use of bartering for products or services tends to grow. The increase of formal barter exchanges by businesses can help them grow and expand while the market is tight.
Says Steven Tadelis, a professor at the Haas School of Business, Cal Berkeley, said “Because of our lack of income and our inability to get long-term credit at reasonable rates, we can’t use the normal market,” he said. “By me offering a service that you accept, we are creating value.”
He added, “You might see people switching to barter because they just can’t get money.”
The South Bay Trade Exchange was founded in 2010 to provide an organized Trade network to local businesses, big and small. This alternative commerce is a boost to any businesses’ cash income. The Trade Exchange offers a hundreds of products and services locally and over 40,000 through the national network that are available without cash.
If you would like to join the South Bay Trade Exchange, or to schedule a meeting please Call: 310-592-3636