I don’t remember how I was turned on to it, but there is a new “cash-free marketplace” in Australia called Share Shop. They call their currency Share Shop points and open membership to anyone that has any kind of “skills, talents, products, and services”. Check it out if you would like at http://shareshop.com/au
Another, let’s be perfectly honest, pathetic, internet barter start up surfaced this week. Nothing to report, except that their interface is terrible, their software is clunky, and they only have two items available for trade. Here’s hoping they develop something interesting in the future… http://www.tradersnetwork.biz
I was informed of another internet direct bartering website start up, My Trade Cart, a couple of days ago. While I wasn’t able to access the site in any meaningful way (the login I created never worked), I did like one of the features described in the press release I received. My Trade Cart is […]
I was turned on to a new direct-barter website, GoDigging.com, the other day. It seems to be in good company and we wish them well. From the founder of the company: Godigging.com is a solution to the worldwide economic crisis as it inspires to be the place where money or not even any other form […]
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. (more…)