subject: Doing Business Without Involving Money [print this page] Doing Business Without Involving Money Doing Business Without Involving Money
It may seem awkward or weird to consider two or more parties making transactions without involving money a form of business, because it is very hard to stipulate how transaction occurs without monetary exchange. However, it is definitely a form of business. Also, that kind of transaction roots from the earliest business operations of having something through exchanging goods or services for another. This is called the barter system, which persists even to date.
Barter system is perhaps the oldest form of business known to man. Here, someone can trade what he has or what he does for something that he needs or wants. For instance, one can trade his cow to a carpenter who then will help build his barn, which serves as payment in the form of service.
Barter system makes business without involving any form of money possible. To date, the world economies heavily rely on bullions such as platinum, gold, or silver, which determines the national wealth of a country. However, this system does not count human resources as a factor that determines national wealth. At barter system, manpower is one of the determining forces of national economy, which means, skills and services are on the same value as monetary materials.
Barter system, to date, has become a major facet of online marketing; taking its place in the business world again. As world economies falter, people are seeking for new solutions to decrease inflation and monetary devaluation rates. Reverting back to the old business traditions of bartering hold promises of alleviating the global market from downfall. Online bartering web sites, such as Gigats services, have becoming a norm in availing products and services.
Gigats is a virtual marketplace that provides people and businesses a place online where bargaining and trading services is possible and unhampered of any borders. With Gigats services, people can market and barter services on the Web. For example, one could offer graphic design services, in exchange for a web hosting service, etc.
Gigats services are quite promising, since Gigats provides a new set of means to avail necessities without spending money, while promoting interactivity and involvement among people at the same time. This could be an efficient solution to reduce the world economies from faltering further.
