How Barter Works
Barter companies use a standardized banking system. BarterLink substitutes cash with “Barter Bucks”, issued in the form of barter credits or a barter draft. Products or services are traded on a dollar-for-dollar basis with one “Barter Buck” equalling one U.S. dollar. If your product or service has a minimum mark-up of 25% bartering can help you save money.
Trading
After joining BarterLink, a member writes a trade offering. It is advisable that you review your business and pinpoint your areas of excess and consult with your Barter Trade Consultant to formulate your trade offering. This offering is posted within the BarterLink network and other trade networks for advertisement. Your offering is reviewed by 1000s of other businesses just like yours and those who are interested contact you directly. The trade is negotiated and made. They receive your good(s) and/or services. You receive credit that is spendable with any of the other businesses of your choice to meet your specified needs.
Why BarterLink Is Better
There are hundreds of commercial barter exchanges in Business-2-Business trade. BarterLink has designed its trade exchange network specifically to meet the needs of small and minority owned businesses. At BarterLink – we realize that trading for exclusive gifts can be great, but often trading for the products and services your business needs to survive is essential.
How can you get what you need for your business through your membership in a barter exchange group?
Create a checklist of your business needs. Think about ongoing business expenses or purchases such as office expenses, printing, professional fees, travel, auto repairs as as one-time purchases such as remodeling, equipment, advertising, etc. Then discuss with the barter exchange should be actively recruiting those businesses that will benefit your business growth on a continuing basis. Many barter exchanges will also give you additional credits for referring those businesses that you are currently spending cash with. It is important to note that more and more exchanges are members of global exchange networks that provide access to a regional or global marketplace.
| BarterLink Worldwide, Inc. serves as a third-party record keeper to facilitate trades between our member businesses. We use a standardized banking system to maintain all records of transactions produce monthly account statements, annual tax reporting forms and assure the integrity of each trade. We employ a staff of trained professionals that maximize your business and barter potential. Your personal Barter Trade Specialist also serves as an additional sales and marketing force for your business. You can also attend one or several of our training sessions, networking events and business expos. BarterLink will open your business to a whole new world of Business-2-Business trade. We guarantee to improve your existing business or we will gladly refund any fees changed for our services. |
