Types of Barter:
Direct Barter :
Person to Person Trade-usually no money is involved.
Multiparty Barter :
This is the type of bartering that is done on a formal barter exchange. A member joins the exchange. They then trade their services and products with other members. Every time they trade they do a "transaction" and have to pay a small percentage of the transaction called a fee to the exchange.
Benefits of Barter:
- Increase sale
- Optimizing resources
- Improved cash flow
- High profits
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