There have been a recent rash of barter related videos showing up on YouTube this week. Instead of making them all separate I thought it would be easier for everyone to see them all in the same place. Have fun…
In a feature article Sasha Abramsky goes to great lengths to paint barter in a positive light, explaining repeatedly that barter is the medication for a sick economic period. Sasha also interviews industry veterans from the area: Jay Ross of the Barter Club and Fred Hammer of ITEX, While barter used to be seen as […]
WIS 10 in Columbia, South Carolina, reported on the activities of the Barter Company recently, along with some 50’s-esque video reminiscent of Leave It To Beaver that describes barter as a simple quid pro quo transaction. Indeed, the reporter actually says, “It might be a little dated, but when the times get tough, old tricks […]
Improved Financials to top Meeting Agenda -(www.FinancialNewsUSA.com)- 05/20/2009 - International Monetary Systems, Ltd. (OTCBB: INLM), a worldwide leader in business-to-business barter services, today announced that it has scheduled its annual shareholder meeting for Wednesday, June 17, 2009 at the Sheraton Milwaukee Brookfield Hotel. Shareholders of record on May 1, 2009 will be eligible to re-elect […]
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…)