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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.
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