The old standards of the barter industry are sounding increasingly worn in my ears. This week’s example of a good video comes with a caveat: the production is nice, it’s good looking, but the content of the video makes me want to take a nap. It’s the same old schtick that just sounds like bla […]
The Bellevue-based bartering network BizXchange wants to increase its small number of nonprofit members by leveraging its network of business members. This year, BizXchange donated $20,000 in credits to its nonprofit members and then asked the 2,100 business members if they would consider doing the same. “We want to be able to allow more nonprofits […]
The Trade Banc, a leading supplier of software to the barter industry, announces a revenue sharing plan for all the exchangs using their barter software. Under this plan many exchanges will gain enough in revenue sharing to offset the cost of using the software. The first quarter of 2011 will also see the opening of […]
Green America,a not-for-profit membership organization founded to harness economic power—the strength of consumers, investors, businesses, and the marketplace—to create a socially just and environmentally sustainable society, has launched a business to business barter platform to help facilitate their mission. See the results at http://www.greenbusinessnetwork.org/green-america-exchange.html
I found a link to a site that offers free Quickbooks advice. It had this to say about recording a barter transaction. Recording of Barter ExchangesIf you have customers who are also vendors you may decide to trade some or all of your services / products in exchange for payment. To record such a barter […]
There are many ways barter can be used to renovate or restore a home. You can use barter to purchase building materials and hire contractors. Many suppliers such as tile, carpet and stone companies have huge excess inventories or items that have gone unsold. They would welcome the opportunity to get full value for the […]
Most businesses suffer from the issue of bad debts (accounts receivable that will most likely remain uncollectible and will be written off). These debts appear as an expense on the company’s income statement, thus reducing net income and most companies make a bad debt allowance since it is unlikely that all of their debtors will pay them in full.