Economies are in recession around the world. Either businesses have shut down or have started adopting lean measures to survive in present dire economic conditions.
Now, smaller businesses have started to adopt barter as a means of saving on cash. Firms are exchanging their stock for other fixed assets that they need for example doing a roof job and being paid by a redundant vehicle. Or doing the accounts of a doctor and getting your kidney removed.
This is a good liquidity safeguarding tool and may also help to increase sales turnover. This is because the idle stock bartered may create repeat sales in the future.
The internet has facilitated these exchanges to a very large extent and there are many websites that facilitate businesses wanting to exchange their goods for others.
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