Bartering: How to swap goods and services by barter

Because of internet and social media, bartering as a commercial means has become possible in the contemporary world. The following are some tips in engaging in barter:

Do a list of what you have to offer, such as your skills or talents; surplus goods (like garden produce, unwanted or used clothing, and pre-loved equipment); or services (e.g., computer repairing, house painting, or baby-sitting).

You may locate other barterers through some websites or social media pages.

You may also post notices in barber shops, coffee shops, or laundromats. Also search for and coordinate with organizations or groups that sponsor and organize barter.

Know about the value of the goods and services being swapped. Be ready to bargain.

It is important to be particular as to what you are offering and when and where you will deliver. Demand the same of the other swapper.

Some barter organizations and civic groups may involve fees. Participants may also be subject to sales and other taxes—for barter trade may be considered as ordinary purchase and sale of goods or services. (Read: 15 Helpful Tips to Become a Successful Young Entrepreneur)

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