describe the pros and cons of the barter system
Answers
Pros of bartering include:
Building a strong network of working relationships.
Mastering the creativity it takes to find, pitch, and close a barter.
No need for a large amount of cash on hand (possible exception: taxes due, consult your accountant).
Leveraging your unneeded property or simply using your skills and knowledge.
Growing business skills for use in freelance, at work, and any other situation where you may need to create and negotiate deals.
Often the simplest approach when you and another party can mutually solve each other’s needs with a trade-off.
Cons of bartering include:
You’re limited to your ability to find the right person/company to barter with.
Tax implications are less straightforward and could create complications with high-value barters.
Physical barters require being in person or trusting the other person to ship their product.
Fewer safeguards in place because bartering has no standard method for implementation.
Pros -
The pros and cons of something are its advantages and disadvantages, which you consider carefully so that you can make a sensible decision. They sat for hours debating the pros and cons of setting up their own firm. Motherhood has both its pros and cons.
Cons -
“Con” Or Convention, is a fandom entertainment event that brings together fans from the area and beyond to meet, greet and interact with other fans and professionals in the industry. Professionals can include comic book creators, celebrities, professional cosplayers, voice actors, animators and more!
Pros and cons -
the pros and cons of something are its advantages and disadvantages, which you consider carefully so that you can make a sensible decision
Motherhood has both its pros and cons.
They debated the pros and cons of setting up their own firm.
I want to weigh up the pros and cons before I decide whether to take the job.
We weighed up the pros and cons.
Exanple- These examples have been automatically selected and may contain sensitive content. Read more…
Her husband to be, Graham, had opted not to have a stag night and we were onto the relative pros and cons of this.
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