Economy

April 5, 2010

Bartering helps small businesses survive recession

As small businesses see their lines of credit shrink and struggle to get loans, exchanging goods ends up being a way to afford extra services and make sure time and products don't go to waste. There are two types of bartering — making business deals on a case-by-case basis — and "modern" bartering through organized networks, which is what the International Reciprocal Trade Association measures to be a $10 billion to $12 billion industry globally.

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