Chicken Wings For Plumbing? No, It's Smarter Than That The Trading Post podcast

Chicken Wings for Plumbing? No, It's Smarter Than That

1M ago 25:08

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Trader Stu explores why restaurants should join barter groups as a strategic business move in today's challenging economic climate.
• Restaurants face rising costs, cautious consumer spending, and fierce competition for loyal customers
• Barter offers a creative way to overcome these challenges while preserving cash flow
• Trade unused inventory and empty tables for essential services like cleaning, marketing, and repairs
• Joining a barter group provides an instant business community and built-in clientele
• Barter can help increase foot traffic by introducing new customers to your restaurant
• Trade dollars can be used for employee perks and benefits without increasing payroll costs
• Marketing and advertising opportunities through barter help expand your reach affordably
• Barter credits act as an alternative currency during cash-tight periods
• Some barter networks offer credit lines for significant expenses with interest paid in trade dollars
If you're intrigued, reach out to your local barter network. If you're not in my area, contact me for a referral. Remember, sometimes the best currency isn't cash, it's community.
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Chapters

1. Introducing Restaurant Barter Benefits (00:00:00)

2. Why Join a Barter Group Now? (00:01:57)

3. Dollars and Cents: Financial Benefits (00:04:24)

4. Building Community and Business Relationships (00:08:59)

5. Employee Benefits Without Cash Outlay (00:16:05)

6. Marketing on Trade and Risk Management (00:21:23)

7. Getting Started and Final Thoughts (00:24:38)

35 episodes