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WHY DOES BARTER WORK? |
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Barter companies use an industry standardized “banking system”.They work with a “barter dollar” currency. Other items for tender used in barter include Trade Draft and Scrip (which are akin to gift certificates). Members exchange their “barter dollars” in the form of checks for purchases with other member organizations. The barter company acts as a fully accountable 3rd party record keeper similar to a credit card company. Some barter companies issue a plastic card to act as a currency. Monthy barter “bank” statements, showing purchases made and cash fees owed, are sent to all members.
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| HOW DOES BARTER WORK? |
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Barter companies use an industry standardized “banking system”.They work with a “barter dollar” currency. Other items for tender used in barter include Trade Draft and Scrip (which are akin to gift certificates). Members exchange their “barter dollars” in the form of checks for purchases with other member organizations. The barter company acts as a fully accountable 3rd party record keeper similar to a credit card company. Some barter companies issue a plastic card to act as a currency. Monthy barter “bank” statements, showing purchases made and cash fees owed, are sent to all members.
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| WHO BARTERS? |
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The International Reciprocal Trade Association estimates that in 1998 over 470,000 companies actively participated in barter in the U.S. for a total of over $16 billion in annual sales. Over 65% of the corporations listed in the New York Stock Exchange are presently using barter to reduce surplus inventory, bolster sales, and ensure that production facilities run at capacity. The U.S. Department of Commerce estimates that 20 to 25% of world trade is now barter, and corporate barter is now a 20 billion dollar industry!
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| OPPORTUNITIES? |
BCI MEMBERS RECEIVE THE FOLLOWING OPPORTUNITIES:
Conserve cash – preserve cash-flow.
Strengthen cash reserves – use barter for the goods & services you need most.
Increase buying power – access to limitless goods & services to help you grow!
Increase customer base – add new clients that you probably would not have had.
Move access or surplus inventory –
Finance your business – new businesses can build credit through Barter Consultants International
Employee Incentives – travel, entertainment, gifts, perks & bonuses, and more...
Over 2,300 businesses businesses are currently trading with us! Join BCI to see why!
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