Contra- Business deals without cash
As we move forward with the paradigm shifts the 21 century has brought to our business world contra is something that more and more businesses are learning the value of. A contra business deal is where I offer my product or service in exchange for your product or service. Similar to the common practice of barter.
It is through developing a large business network that companies can maximize the value of contra. It is especially prevelant amoung small businesses and new businesses. These strategic partnerships can save thousands of dollars in both cash and taxes and can pay off huge down the road.
Networking groups such as BNI are a reputable gold mine for these types of things. I really see strategic partnerships being the way of the future as specialization in business becomes more and more important.
Cheers,
CB
It is through developing a large business network that companies can maximize the value of contra. It is especially prevelant amoung small businesses and new businesses. These strategic partnerships can save thousands of dollars in both cash and taxes and can pay off huge down the road.
Networking groups such as BNI are a reputable gold mine for these types of things. I really see strategic partnerships being the way of the future as specialization in business becomes more and more important.
Cheers,
CB
posted by Chuck Brady at 9:50 PM
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