Entrepreneurship
and startups go very well with barter trade. They go very well with
barter trade, because at the start, barter can help these fledgling
businesses save cash - at a time when they really need it the most.
Most of the time when you want to start a business you normally end up
using alot of your own savings and sometimes before a business can
actually make it pass its initial phases of breaking even, they
sometimes don't make it because of cashflow problems. Barter trade
helps businesses improve their cash flow, and provide much needed
assistance, when financial assistance is normally not readily
available. Banks are only willing ot extend loans to companies or
businesses when they have passed their 3rd year of operations or have shown signs of breaking even shortly. Prior to
that, it is normally not possible to get any loan from the bank -
without a personal guarantee or asset mortgaged as a
collateral.
By bartering, a startup can start spending and buying immediately
before they start selling. This is only possible if the exchange
(like Ozone) has an interest free barter over-draft facility. With this
interest-free over-draft facility, startups can spend immediately and
then pay back with their future barter sales. We advise startups to use
the over-draft carefully, spending only on business critical services
and products - like company registration, accounting systems, web
design and hosting, corporate identity design are just some examples.
Ozone has experience in helping and mentoring startups and fledgling entrepreneurs
achieve that dream of owning their own business. Through the use of
barter as a financial tool to finance purchases without
causing unnecessary out of pocket cash expenses by the new business.
Its not just about us that says barter is good for startups - see what
this article on
Entrepreneur.com
has to say about barter trade