The benefits of joining a professional
barter group are numerous and range from a steady stream of new customers through to the ability to trade spare production
capacity, unsold time or stock with others in the group.
Barter is an economic tool that helps to build community wealth. It is
a way of meeting a business or individuals needs to get what they want, build wealth and gain assets through their own efforts. Because people are swapping their spare time or products with one another everyone
earns more money (barter euros). They get more products or services than they
could afford if they only used cash. If two businesses did a direct swap (eg
accounting services for advertising) both get something that benefits them and no one has to spend any cash. When a member buys something using “barter euros”, they know the purchase is being offset in
extra sales from excess stock or un-paid down-time. Businesses with time on their
hands can sell this and reduce their cash costs at the same time.
In times of financial hardship businesses or individuals can swap their services or stock and still get what they need. The more they trade the better off they become.
Businesses within our barter exchange can continue to buy and sell without the need for cash. Barter business increases during recessions and is one of the only recession-proof businesses around. You can sell your surplus at a non-discounted price.
People who barter with one another will find out more about each others business and, if the trade was successful,
often engage in future trading with the same business or individual resulting in everyone getting repeat business and saving
cash. Business owners become loyal to the group and always look to purchase from
other members in the group first.
Even though you may engage in direct exchange with someone you are still a reference point for cash paying customers.
If you are happy with the product or service provided by someone through barter then it is likely that you will recommend
them to other people who may need similar services.
Doctors, lawyers, accountants, artists etc become members of a barter exchange to sell their spare time. Being a member means that they can swap their talents for other people’s talent or products. A doctor might need legal contracts drawn up, an accountant might want to see a doctor,
a lawyer might want an accountant. As these businesses are swapping their spare
time everyone gets the benefit and everyone’s lifestyle and value of their business is increased.
Every member of Cashless Trading is given an interest free overdraft (O/D) facility in barter euros and you can use
these barter euros immediately to buy goods or services from any other member. The
O/D is repaid by people purchasing your goods and services. No interest will
be charged on this O/D facility. If you make use of this O/D facility first,
it can only increase cash flow.
Because everyone is buying from one another using barter euros they do not need to spend cash with businesses outside
of the group. Everyone gets repeat business.
In a cash situation, the purchaser has no guarantee when he buys something that this will result in additional sales
of his own product or service.
Members will buy from one another as they are saving cash. Members will
get new customers because businesses in the group are always looking for more people to trade with using barter.
You will receive an increase of market share.
You will be spending barter euros on things that you would normally have spent cash on.
You can earn barter euros selling your own products or services – this is new business that you may not have
got. You spend barter euros instead of cash.
If someone sells a service only (hair-dressing, advertising, accountancy, artist, beautician, carpenter) then they
are only selling their spare time for barter euros. If they sell this time to
other members of the group and then use those barter euros to buy from other members the cost of what they are buying is only
the cost of their spare time! Thus reducing its cash outlay for the things it
buys. In times of economic downturn sometimes we are forced into reducing our
rates – selling with barter euros helps prevent this.
You can sell your unsold stock or time to other barter members. This creates
more wealth. Barter is a inexpensive method of finance. You can sell less productive assets for valuable products or services.
Barter gives you a way of converting barter euros back into cash. Or you
can introduce a new product or service into the business without the need for cash.
Barter members are encouraged to pay each other immediately with barter euros.
As each member is extended an overdraft facility everyone can get paid on time.
