How to Save Cash

How To Save Cash

The greatest benefit of using barter as a profit tool for your business comes when
you are ready to spend your barter credits and eliminate necessary cash
expenditures, thus conserving cash or finding better ways to use it.

If you find that you can realistically replace 10 to 15% of your business expenses
by using barter credits, you will be incredibly motivated to go out and generate the
amount needed to replace the 10 to 15% of cash expenditures. This will
automatically result in an immediate cash savings equivalent to 10 to 15% of your
business volume. This will give you the ability to either build a larger business, or
better yet, just make more money. If you want to do something special for your
employees, trade is a wonderful way to award special achievement incentives, or
take the crew to lunch.

It is important when you start trading to "think trade". Whenever you need to
purchase an item, consult your local trade directory to purchase an item, consult
your trade directory and see if the item is available. If it is not, your next step
should be to call your local Trade Director. Many times new members and new
items are not yet published in the directory, but are still available. The local offices
are staffed to meet your needs. They can not meet these needs without your calls
and inquiries. If the items is still not available, they will be able to tell you if they
can get if for you.

Aside from eliminating your expenses, you can also find ways to reduce your
overhead costs that directly relate to your clients. If you are in a service business
and find that you can order some items for your clients, such as printing,
typesetting, photography, messenger service, food and lodging expense, you can
still bill these services out just like you did before. This time, however, you get to
keep the cash because you paid for the service with your trade account. Barter
gives you so much flexibility when it comes to making those vital decisions that
make or break your business.

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