In what seems to be an internal struggle turned ugly, Todd Gerry, SVP of Marketing at Tradebank and President of Tradebank International Franchising, has been arrested in Orange County, Florida on charges of 3rd degree Grand Theft. I have reached out to Tradebank for comment and received no response. In a video posted on YouTube, […]
One of our loyal reaers sent me a great link to a rather lengthy and in-depth view in to the world of counter trade. Check it out for yourself at http://allaboutcountertrade.blogspot.com/ Special thanks to Umar who sent it in.
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.