Comments on: Should You Barter? http://www.walkinshawcoaching.com/2009/12/should-you-barter/ "Connect to Success!" Tue, 08 Dec 2009 13:12:34 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Zoe Tsoraklidis http://www.walkinshawcoaching.com/2009/12/should-you-barter/comment-page-1/#comment-1189 Zoe Tsoraklidis Wed, 02 Dec 2009 15:13:13 +0000 http://www.walkinshawcoaching.com/?p=1000#comment-1189 I often work with new or struggling holistic practitioners. With this group, bartering is quite the touchy subject. Many of them barter because: 1> they lack confidence as a business owner 2> believe that taking ANY opportunity to show what they can do, even if not paid in cash will earn them a referral 3> sub consciously do not believe in their ability to succeed with their business Under these circumstances, the points you make in section 1 & 2 are really important. Make sure you are bartering because it is a service you actually want, and be sure that the barter is for an equitable amount. Then be sure to follow your normal protocal as outline in section 3, and finally, be sure you're tracking it correctly because up here in Canada, your accountant will tell you that Revenue Canada wants their cut as well! I often work with new or struggling holistic practitioners. With this group, bartering is quite the touchy subject. Many of them barter because:
1> they lack confidence as a business owner
2> believe that taking ANY opportunity to show what they can do, even if not paid in cash will earn them a referral
3> sub consciously do not believe in their ability to succeed with their business

Under these circumstances, the points you make in section 1 & 2 are really important. Make sure you are bartering because it is a service you actually want, and be sure that the barter is for an equitable amount. Then be sure to follow your normal protocal as outline in section 3, and finally, be sure you’re tracking it correctly because up here in Canada, your accountant will tell you that Revenue Canada wants their cut as well!

]]> By: Brian http://www.walkinshawcoaching.com/2009/12/should-you-barter/comment-page-1/#comment-1188 Brian Wed, 02 Dec 2009 14:32:31 +0000 http://www.walkinshawcoaching.com/?p=1000#comment-1188 I agree with the point you make about bartering. You need to remember the IRS. From my own experience with bartering it has really helped my business during slow times. I have bartered my marketing skills for other goods and services on a site called http://barterquest.com I agree with the point you make about bartering. You need to remember the IRS. From my own experience with bartering it has really helped my business during slow times. I have bartered my marketing skills for other goods and services on a site called http://barterquest.com

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