Restaurant Report

Free Newsletter - Subscribe Today

Restaurant Management
Restaurant Marketing
Restaurant Service
Restaurant Operations
Restaurant Accounting & Finance
Restaurant PR
Restaurant Design
Chef Talk
Online Store
Buyer's Guide
E-mail Newsletter
Advertising Info
About Us
Our Sister Site:

Follow Restaurant Report on Twitter

Restaurant Report on Facebook

Running Your Business:
Restaurants Super-sizing Profits by Bartering
By Karen Kelly

The basics of bartering have not changed much since 1626 when Peter Minuit bought Manhattan island from the local Indians for a load of cloth, beads, hatchets and other odds and ends.

What has changed, especially with restaurants, is that this cashless system of exchanging goods and services is converting empty tables into thousands, even millions of dollars in sales and purchases.

Scores of owners are thriving by bartering meals for the things they need to run their restaurants, and they're buying them with the "found money" of trade dollars while conserving cash.

The full version of this article is now available on Restaurant Report's membership site

Click here to go to the article page.

Copyright © 1997-2020 Restaurant Report LLC. All rights reserved.