 |
|
|
||||||||||
|
||||||||||||
 |
||||||||||||
|
|
 |
|
|
STEPS TO A BARTER TRANSACTION! New to Bartering or Trading? This will explain just How Barter Works! Here are several examples of Barter or Trade Transactions! When a Company becomes a member of a Barter or Trade Exchange such as ABTEC they are offering their Products and Service for Sale to other ABTEC member companies. Their Company Listing is placed in a Directory of Products and Services were other members can look up and find products and services they need to purchase for their Business Needs and Wants! A Barter transaction works just like a Cash transaction! The only difference is that when you purchase or sell product or service you pay for the Product with a Barter Dollar instead of a Cash Dollar. When to Sell a product or service you except a Barter or Trade Dollar instead of a cash dollar and the Barter Dollar is deposited into your ABTEC Barter acccount. That Barter Dollar must be spent with a ABTEC Barter Member that will accept your Barter Dollars and Deposit them into their ABTEC Barter Account. A Barter Dollar is valued as one U.S. Dollar! A Barter Dollar is also referred to as a Trade Dollar, Trade Unit or Scrip Dollar! How Barter Works! “A Barter & Trade Exchange Company” (ABTEC) acts as a third party book-keeper much like a Clearing House or Bank and handles the deposits and withdrawals of Barter Dollars from Business member to Business members. Using ABTEC’s Online account management system, each member can access their Barter activity anytime, anywhere by logging into their account. Members can view Monthly statements that itemize their sales and purchases so you are always kept up to date. It works just like your bank account. ABTEC members like Printers, Restaurants, Hotels, Car Rental Agencies, Advertising media, retail stores, linen supply and Chemical Distributors, Electrical and Plumbing Contractors, Doctors, Dentists, Attorneys, Bakers etc. use Barter Dollars to purchase products and services from each other. Note: That if a shoe store wants to Trade a thousand pair of shoes in order to pay for a addition to his store, there is a good chance no one locally can use that many shoes however every member has employee’s who have kids who use shoes so it doesn’t take long to sell the shoes to pay for the addition. Doctors use restaurants, take trips, play golf and use printers. Hotels use chemicals, carpet cleaners, Plumbing contractors, advertising, linen supply and printers. Remember that the primary objectives of Barter are to CREATE NEW BUSINESS, INCREASE EXISTING BUSINESS, CONSERVE CASH AND LOWER YOUR OVERHEAD. The other Benefits of Bartering include, Conserving your Cash! Expand your Marketplace! Open up new Marketplaces! Conversion of Dead Inventory into Assets! Utilize Surplus Production Capacity. Increase your buying power. Expand your borrowing power. Collect bad debts. An example of Retail Barter Transactions - using a Restaurant for example, a Restaurant Needs Products and Services to run it’s Business. Products like Produce, Meat, Fish, Bread, wine and Services like carpet cleaning, electrical work, plumbing, pest control etc. The A Restaurant sells scrip or gift cards to Barter Members, who in turn use the scrip or gift card to eat in the restaurant. The Restaurant can use the Barter Dollars to purchase the above services instead of using cash. An example of a Corporate Barter Transaction - Let’s a Lamp Manufacturer that has quite a few Lamps that they are closing out and they can’t or won’t sell them to their distributors, because they will be coming out with a New Line of Lamps. The Lamp Manufacture being a Member of a Barter Organization, the Lamp Manufacturer offers the Lamps to the Barter organization by listing them in the special classified area for that all ABTEC members have access too plus a e-mail is sent to all interested members in the Internet, the lamps are easily sold. The Lamp Manufacturer then can use the Barter or Trade Dollars to purchase Advertising, Printing, Lamp shade material, parts, clay, molds etc. to expand the business and lower his overhead.
|
|