Comments on: Bartering for a better bootstrapped business

By: barley

barley — Thu, 16 Oct 2008 10:42:41 +0000

What a great blog, interesting topics! I love reading this material.

By: Mike Smith

Mike Smith — Mon, 23 Jun 2008 17:28:28 +0000

Thanks for the comments everyone. I appreciate them.

@Daniel – thanks for the detailed comment and the link in your upcoming posts.

@Martha – Yeah, in the US it is taxable. I should have made a disclaimer in the article. Thanks for pointing that out.

By: Martha Retallick

Martha Retallick — Mon, 23 Jun 2008 15:54:24 +0000

Be careful with bartering. In the United States, the Internal Revenue Service holds barter income in the same regard as cash income. Which means that it’s taxable.

By: MarketingDeviant

MarketingDeviant — Tue, 27 May 2008 18:51:03 +0000

Bartering is great for startups! I said startups because when a small business starts to expand they will most likely tap the services of other companies that they bartered with!

By: Mike Huang

Mike Huang — Mon, 26 May 2008 05:34:08 +0000

I believe that bartering is a great way to experiment with things. Not everything involves money and bartering proves it to be true.

-Mike

By: Daniel Smith

Daniel Smith — Sat, 24 May 2008 01:32:55 +0000

Great article! In our line of business (publishing), we successfully use bartering (contra-trading) on a regular basis. If you can create value for the business without digging into cash flow, why not? We are currently having our entire network of websites (constructionnrgroup.com), which were built long before I ever joined the company, completely redone on the front and back ends, and all for a contra advertising trade to a local web dev company looking to break into the construction niche. Keep up the good work! I've bookmarked you for a link in an upcoming post either on my main blog, or my work-specific blog, Tracking Construction Trends. Cheers, Daniel Smith