If using C++ is an option for you (which your tags suggest), then you might consider using std::swap for swapping the characters. You might also want to use isspace to check for whitespace other than ' '.
You could also write it all in a single function:
void reverse_every_word(char* s)
{
char* front;
char* back;
while(*s != '\0')
{
// handle whitespace
while(*s != '\0' && isspace(*s))
s++;
// skip to the end of the current word
front = s;
while(*s != '\0' && !isspace(*s))
s++;
// reverse
back = s;s-1;
while (front < back)
std::swap(*front++, *back--);
}
}