Trading Post

Barter is more than just a great way to exchange goods and services.
Magazine Contributor
2 min read

This story appears in the April 2000 issue of Subscribe »

Last year, freelance public relations consultant Virginia Randall received free dry cleaning in exchange for her professional expertise. While clean clothes certainly don't pay the bills, this kind of bartering arrangement does have its place among homebased entrepreneurs. In a classic bartering arrangement, professionals exchange goods and services in lieu of cash, just as Randall did with her local dry cleaners. This obviously isn't a recipe for getting rich or even staying solvent, but it is particularly helpful in those inevitable downtimes.

"There's nothing worse that meeting a new client and showing them a resume with big time lapses," Randall explains. "But bartering during slow times can really keep your work up-to-date and allow you to get products and services you don't have to pay cash for. It's also great PR for your business."

Obviously, you need to exercise discretion when entering into barter arrangements. Be sure you're dealing with clients who, in exchange for your services, will offer something equally valuable. In other words, you don't want to create a marketing plan for a local food retailer and receive a free turkey in return. And you don't want to let barter get in the way of attracting paying clients. Randall, who advises entrepreneurs to never let barter business take up more than 25 percent of their time, also stresses, "It's a good stop-gap but certainly not a mainstay."

For more information on bartering organizations around the United States, visit the National Association of Trade Exchanges at

Julia Miller is a Los Angeles-based writer who specializes in business and marketing. She can be reached at

More from Entrepreneur
Our Franchise Advisors are here to help you throughout the entire process of building your franchise organization!
  1. Schedule a FREE one-on-one session with a Franchise Advisor
  2. Choose one of our programs that matches your needs, budget, and timeline
  3. Launch your new franchise organization
Discover the franchise that’s right for you by answering some quick questions about
  • Which industry you’re interested in
  • Why you want to buy a franchise
  • What your financial needs are
  • Where you’re located
  • And more
Discover a better way to hire freelancers. From business to marketing, sales, finance, design, technology, and more, we have the freelancers you need to tackle your most important work and projects, on-demand.

Latest on Entrepreneur