Barter Opportunity

Opportunity Summary

In the United States barter is a $6 billion industry. The majority of this business is done through local area barter exchanges scattered throughout the country.

Barter allows businesses to buy the goods and services they need - without spending cash. In a barter exchange the business members buy what they need and pay for it with what they have. The barter exchange is the third-party record keeper. The exchange helps the transactions to happen and creates a currency system so that trades do not have to be direct or one-to-one.

Bartering allows a business to make purchases it would otherwise not have been able to make if the business had to spend cash. If your company has excess inventory, extra time, space or services, barter is an excellent way to move those goods or services. Barter brings new customers and additional income that can be spent with other barter members to conserve cash.

A Barter Exchange serves as third-party record keeper - (similar to a bank recording system of debit credit). Barter exchanges use a currency called barter money or trade credits (1 trade credit = 1 peso). Businesses buy and sell in the network using barter money or trade credits .