Whether you are expanding an existing business into a new market or opening a brand new business - learning how to leverage the best local barter exchange in the area can allow you to rapidly gain a foothold in the market. Part 1 of this blog will address proven businesses expanding into new markets.
As Canada's only national exchange with local offices across the country Tradebank is poised to come along side you in your launch strategy.
Unfortunately many small to midsize businesses go through periods where cash flow is tight. Sometimes it is just a seasonal dip, an unexpected expense, or a customer delaying payment on a large invoice. Other times it is more systemic to the business you are in, and a larger change needs to occur in order for you to advance. In either case, barter can help you find your way!
Unfortunately regardless of industry there are times where an accounts receivable is likely not going to be collectible. Utilizing Tradebank you can collect on this debt for less than the cost of third party collections - while also potentially improving your on going relationship with that customer.
When I first run into people who have never bartered before, or maybe have bartered, but never in a network setting, they often have an unfair or unrealistic expectation of how things will work. Probably the most common misconception of barter is people who think they can trade for free.
Tradebank is giving away a total of $15,000 Tradebank Dollars, with a grand prize of $10,000 going to the most deserving business in Canada. Tell us what your business would do with $10K to expand, and better serve your community. Our panel of judges will pick the top 3 most deserving business on August 19th!