The newly resurrected BXI Trade Exchange has formed a strategic advisory board featuring some of the legends of the industry.. Initial board members include Alan Elias, Terry Brandfass and James Roohan in addition to the Company’s President Frank Dobrucki and Chairman Saul Yarmak. Alan Elias is regarded as one of the most successful and highly […]
People from around the region and beyond were invited to this fourth year of Barter Fest; which was held in the heart of Hewitt on Saturday, September 21, 2013. This year Barter Fest featured an open exchange of produce, arts, goods and services. Attendees were asked to be open to bartering for their desired items, […]
Debbie Lombardi, president, Barter Business Unlimited, received the International Reciprocal Trade Association’s (IRTA) “Legends Of Barter Award” this past weekend at the barter industry association’s 34th Annual International Convention in Las Vegas, NV. “I’ve been a barter industry professional for over 30 years now and I am still challenged each day by the changing business […]
At the annual Barter21 users meeting during the IRTA Convention, new features were rolled out for Barter21 software. Barter 21 provided a live demonstration of the features to attendees of the conference, and they are described below. Limit Items Purchased The Trading Floor will have the capability of limiting the number of items any one […]
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.