How to Arrange a Barter Transaction
Maybe you are a hairdresser who needs website work. Perhaps you want to take martial arts classes at a place you noticed need a cleaning person. You could be a computer programmer in need of a new computer. If these scenarios are close to your situation and you do not have the money to get what you need, you should consider arranging a barter transaction.
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Instructions
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Approach the person who you think would be a good fit for a trade. Lets look at the hairdresser who badly needs a website to attract and engage her clients. She knows one of her regular clients creates websites. While she might be hesitant to look too needy, she will never know how much he client could use the trade offer if she doesn’t ask.
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Have a prospective offer already worked on in your mind. You cannot make an offer if you don’t know what you want and what you have to offer. Let’s take the computer programmer for instance. If he knows someone with a spare computer or who sells computers, he could offer then a certain amount of hours of programming work, or he could offer them a complete website. You need to look at how much your service is worth, and the value of what they want and try to make a trade that will benefit both sides.
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Prepare a simple contract stating what is being traded. It helps to eliminate any misunderstandings as well as have guidelines should there be any misunderstandings later. If the local martial arts instructor agrees that you will clean for them in exchange for classes, you need to spell out when you will clean and what you will be cleaning as well as how many lessons per week you will receive. You will find a sample barter contract at the resource link.
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Deliver what you have offered. Treat your barter customer just as you have treated a cash customer. Some people push barter customers aside in order to take customers who are paying cash. Remember they did you a favor by agreeing to barter in the first place, and you may want to barter with them again in the future.
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