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Local currencies cash in on recession
PITTSBORO, N.C. — The stimulus for this mill town turned artist’s colony arrived in the form of green bills bearing sketches of herons, turtles and trees. A few dozen local businesses banded together this spring to distribute the Plenty — a local currency intended to replace the dollar. Now 15,000 Plenties are in circulation here, used...If The Big Guys Do It; Why Wouldn’t You?
Please allow me to take you back to the 1984 Summer Olympics. Head of the U.S. Olympic Committee, Peter Ueberroth bartered the promotional value of his Olympic logo for a mass of products and services needed by his staff and athletes. United Airlines provided free transportation, Buick the use of 500 autos, Fuji Film 250,000...Businesses Bartering to Make Ends Meet
It’s an age old system that’s helping local businesses make ends meet in light of the credit crunch and tough economy. But as WFMZ’s Jaccii Farris explains, this barter system is also bringing some area businesses extra income. SHAWN CRESSMAN: We had a truck lose a transmission. It just died and it was not in my...How Merchants Barter Exchange Can Save Doctors Money
Healthcare is at the forefront of everybody’s minds these days; the news is filled with the slow progress of the proposed Healthcare Bill and whether it will actually make a difference or just cost us more money. In this testing and trying economy, with many businesses still feeling the pinch financially and not being adequately...Merchants Barter Exchange is a marketing agency too.
Barter is a resourceful process of transacting business without the use of cash. In organized barter, business members use what they have to buy what they need, with a barter exchange serving as the marketing agency, facilitator and a third party record-keeper. How can a trade exchange be a marketing agency? All the members...Reason #1 for a business to barter
Your ability to leverage your buying power is the most important (in my humble opinion) reason for you to understand how to use barter in your daily business practice. Let me give you some examples: A massage therapist has at least 20:1 buying power with trade (their only cost in the trade is approx. $2 per massage, which...More Stories About Parents Bartering Christmas
This in from Buffalo, New York: more parents attempting to barter Christmas. From the article: One father in Niagara Falls says he has a lot of stuff to barter, to get his two kids something nice for Christmas. He’s offering up a Garmin GPS, 10,000 baseball and football cards his dad gave him, and even his...In Lean Times, Restaurants Barter for Trade Services
Independent restaurants are turning to an old-fashioned method to fill tables—barter. As they struggle to keep customers and pay the monthly bills, restaurants are swapping food for services like oven-hood cleaning and pest control. Bartering helps restaurants fill seats, reassuring prospective customers who might be turned off by the sight of a vacant eatery. It also attracts... |
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