As I write this, I am negotiating just such an agreement with a client. We are, luckily, in a position to provide each other with services that our businesses need. Set up properly, this will be a win for both of us.
So, here are the items I am keeping in mind as we prepare the paperwork.
- cost of services provided are the same for both of us - an equal trade
- the services being provided benefit both of us
- that we have consulted our respective accountants and lawyers to ensure proper documentation
How could bartering benefit your business?