New internet barter exchange, BarterSphere.com, does not live up to the initial goodness I thought it would have. First, they made me listen to music when I went to the home page, which just makes me mad. Then, they asked for three dozen different pieces of information regarding my business, and a W-9 form. Pretty […]
In a video review today, I went through the Emerio Exchange.com site at length. See the video below for more details, but the gist of the experience is this: someone wanted to put up a barter website, bought a URL that had nothing to do with barter, and then put up a semi-functioning website with […]
VeggieTrader.com is a new online startup dedicated to the free spread of home grown produce. The idea is to trade what excess produce you may have for the produce that you want. According to the site, ” We believe a bonanza of fruits, vegetables, fresh herbs and more are found right in your own backyard—and […]
Our first video site review! Plan on seeing more of these in the future. Asset Fair is an exchange system for property, services, and debt. From their site: In today’s world of financial challenges, it makes sense to use the barter (cash-free) exchange system – the earliest form of trading – when looking to dispose […]
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.