Friday, December 5, 2008
Barter Networks For Restaurant Cash Conservation
In these tough economic times all business are scrambling to find ways to conserve cash and restaurant and food business are no different . One often overlooked approach is to join a barter network . This is a business to business strategy and enables a restaurant owner to trade meals, catered events, etc. for barter dollars that can be used for printing, advertising, cleaning , professional services , and much more . If you cost of sales is 35% then you can accumulate barter dollars at a discount from your out of pocket expense. The other aspect of this is that it opens up a whole new market for you in that you will develop new customer relationships just by being a member of the network. I am a member of two very good barter networks with Genesis Trade Exchange ( http://www.genesis-trade.com/ ) and IMS ( International Monetary Systems ) Barter ( http://www.imsbarter.com/ ) .
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