4 Bartering Strategies That Secure Transactions
The barter system is excellent for creating value without spending cash. This useful trading method is filled with potential if you know how to navigate negotiations and position your offering in such a way that you attract the right trading partners. At Barter Network, we help facilitate the matchup of appropriate trading partners. However, here […]
Navigating Canadian Tax Laws for Barter Exchanges
According to the Canadian Revenue Agency (CRA), barter trade exchange in Canada is recognized as a legitimate economic transaction. Therefore, it’s taxable just as any other regular business transaction would be. Let’s take a look at what exactly the rules are and how they should be applied. As the “Seller” The general rule is that […]
Why the Bartering Craze Has Made a Comeback
With the global economy getting tougher, businesses worldwide have realized a dire need to reduce costs and minimize capital expenditure wherever possible to preserve cash flow. As a result, many businesses have decided to once again engage in the age-old practice of bartering. The barter trade solution not only helps businesses minimize spending real money […]
The Importance of Ensuring Fair and Equitable Barter Exchanges
Bartering has been a fundamental form of trade since ancient times and involves the exchange of goods and services without using currency. When it comes to trading, barter transactions can play a pivotal role in achieving value without the need for the exchange of cash. With the rise of digital bartering networks and platforms, such […]
Industries That Benefit From Bartering
Barter Network has forged successful alliances with numerous sectors of the economy and each of their individual subsectors, offering substantial advantages to all participants looking to barter in Toronto. Exchanging goods and services without needing to use traditional currency can help businesses maintain their cash flows and build value without needing to spend money. Here […]
4 Rules for Successful Bartering
Bartering is a fantastic way to create value without having to exchange cash. This age-old economic system is all about exchanging goods or services of equivalent perceived value without any money changing hands. Organizations such as Barter Network can help you iron out some of the challenges in terms of finding suitable bartering partners and […]
How Barting Contributes to Sustainability
Bartering sites are a great way to continue receiving and contributing value without the need for cash. It has numerous benefits aside from helping your business improve its cash flow, such as increasing your market reach and boosting your networks. One aspect of bartering that is often overlooked is the way it contributes to sustainability. […]
4 Ways That Barting Can Help Your Business
Before currency was invented, people around the world engaged in trading through bartering, which was the exchange of goods and services directly with one another without the need for money to change hands. The problem with this was that it was difficult to determine the true value of something, which money helped to outline a […]
Common Bartering Pitfalls and How to Avoid Them
When engaging in barter trade, there are several things that can become pitfalls for companies if they are not careful. Thankfully, groups like Barter Network Ltd. can help you avoid these pitfalls, which is just one of the many benefits of joining. While bartering can have many benefits, doing so without the assistance of a […]
Is Bartering Taxable?
On bartering sites like Barter Network, you can trade goods or services of equivalent but relative value without any money changing hands. In the past, this process was considered pretty straightforward. Both parties would simply engage in negotiations until they reached an agreement. Today, other forms of this exchange exist, such as Barter Network Ltd., […]
