Five Easy Things You Need To Do When Bartering Your Services Or Products Effectively

The definition of "Barter" is to exchange Goods or Services for equal Value.
It is important to perform these (5) five things when bartering below:

1) Before you make the decision to barter with an Individual or Business, know the background of this person or entity to the best of your ability.
Do not rush into an agreement without utilizing "due diligence" and "Do Not Appear Desperate".
Have a "Needed Value" in mind; A "Needed Value" is some currency, service or product you can not afford to purchase, but want to acquire or you ought to have in your possession.(E.g. If you want gasoline for your vehicle and you have a 10 Gallon Tank, the cost to fill-up that automobile is $2.00 per gallon at a total of $20.00 USD. Therefore, your "Needed Value" is $20.00 USD.)

2) Set a "Barter Value" for your services or products slightly above (No more than 10% higher) your "Needed Value",whereas, if you need to negotiate, you will fall no more than 10% to your "Needed Value" or right on mark.

An Example Of A Barter

(E.g. Let's say your "Barter Value" is 2 hours of Labor to clean an Office Building for $20.00 USD Dollars in gasoline to travel to a Conference in another County or Province. You offer the Owner your services starting at $22.00 for 1.8 hours of labor. If the Owner says, "No", you immediately ask professionally what they had in mind. If the Owners says, "$18.00 for 2.5 hours", you throw in an incentive and readjust your rate in 5% increments below your original offer with the maximum discount being 10% or until an agreement is reached that you can live with. Note: Do not sell yourself short, know the labor rates in your country, state, province, county or district.)

3) Once a verbal agreement has been discussed, go a step further and make the Barter a written contract. Most legally binding contracts possess a date, two signatures of the parties establishing the agreement, a statement explaining the implementation of the understanding of the exchange of goods or services and a disclaimer protecting yourself (or) business from any unforeseen circumstances that may occur.

4) Always, be polite, professional, on-time and very knowledgeable. If you are going to meet with the Individual or Company that you desire to create this form of venture with, be on time or at least (15) fifteen minutes ahead of schedule. Dress professional, be clean and well groomed.

5) Think positive at all times. Always have at least (5) five plans to pursue regarding your barter. If the person or business says "No" on the initial approach, ask politely for a reason why. Listen carefully to comprehend while making adjustments to your approach or business then, ask to follow-up with them in 1 to 2 weeks time. Follow-up as promised and re-negotiate your offering. Don't give up, give-in or give out if all fails; do not panic. Take a physical and mental break - relax. Find something to take your mind off your situation like giving back (Volunteering), then allow yourself to recover while going at it again.


Questions & Answers

1. Question to C. Henry: C. Henry, tell us how you know so much about bartering?

Answer from C. Henry: Since 1998, We (BIE, Inc) have slowly emerged. Once, I was laid off from a Major Telecommunications Company which caused me to loss just about everything. Now, I've always had my Business (BIE, Inc.) on the side just waiting for the right moment to grow into an International Communication Conglomerate. Well, anyway...I convinced Relatives to give me an old broke down Station Wagon in their Garage for free. I then bartered with a Mechanic to build a website in lieu of paying for some repairs to the Vehicle.


2. Question to C. Henry: C. Henry, would you barter stocks and bonds with someone for physical items like land or other property?

Answer from C. Henry: If the U.S. Securities Exchange Commission allow you to barter your stocks or bonds...I would definitely take that opportunity into consideration. But, before I say "Yes" or "No", I would check Federal, State, County and Local laws to see if bartering in that magnitude is even legally possible.


3. Question to C. Henry: C. Henry, did you have a written barter system concept to share with the U.S. Federal Government or World regarding bartering.

Answer from C. Henry: Yes.


So, what do you think? Is bartering goods and services one of the best ways to save the U.S. and World Economy, today? There's no welfare involved, no long term debt you can never repay, what's up?

Sign,

C. Henry Adams
Broadcasting Interest Enterprise, Inc.
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