Special
Corporate Barter Session Added To IRTA Convention
The special Corporate Barter Session at IRTA
will be hosted by BarterXchange Asia with a special lunch
discussion. The session will be held during the IRTA conference in
Savannah, Georgia, on Tuesday, September 11. It�s a well-known
challenge that each trade exchange has members/contacts that are
large and typically have difficulty in matching their purchasing
requirements with other members not of the same capacity.
The objective of this session is to establish
an international database of large organizations and multi-national
corporations willing to conduct individual barter transactions in
the range of US$20,000 to $500,000 or more. The database will not
provide direct contact information, it is a networking/matching tool
that will help facilitate putting corporate-sized deals together.
Pre-registration is required to attend the
session. Each attendee will need to submit three large traders that
meet the range mentioned. Contact
grace@barterxchange.com
for your registration form.
For information on the IRTA Convention go to
top of page, �Site Sponsors� for click through link.
BizX Honored By Inc.
Magazine�s 5,000 Fastest-Growing Companies
BizXchange announced it has been
honored as one of the Inc. 5,000, which is the first-ever list of
fastest-growing private companies in the United States. The Inc.
5,000, an extension of Inc. magazine's annual Inc. 500 list,
encompasses many businesses that are too big to grow at the pace
required to make the Inc. 500. Taken as a whole, these companies
represent the backbone of the U.S. economy.
The 2007 Inc. 5,000 list (http://www.inc.com/inc5000)
measures revenue growth from 2003 through 2006. To qualify,
companies were required to be U.S.-based, privately held,
independent (not subsidiaries or divisions of other companies), and
having at least $200,000 in revenue in 2003 and $2 million in 2006.
BizX views this award as evidence of
their commitment to serve, improve, and grow their members'
businesses. �The biggest factor in our growth is setting and
achieving goals,� revealed CEO Bob Bagga.
�We know that to help our members we
have to continuously bring them new sales and ways to offset
budgeted cash expenses by purchasing through BizX. Because we set
clear achievable goals each month, we create a clear understanding
for our members, staff and owners.�
For more information on BizXchange see
�Site Sponsors� at top of the page for click through link.
Microsoft Moves Deeper Into Online
Advertising
Microsoft is
investing further in online advertising by acquiring AdECN, Inc., an
ad exchange based near Santa Barbara (CA). Founded in 2003, AdECN
brings relevant technologies and domain expertise to the Microsoft
team.
AdECN's
real-time auction marketplace for buying and selling display
advertising is akin to that offered by Right Media, the company
Yahoo agreed to buy outright for more than $680 million in April.
Microsoft made
its desire to break into online adverting clear in May when it
placed a stunning bid to acquire aQuantive, which includes the ad
network Atlas, for $6 billion.
Also in May,
Microsoft said it was acquiring European mobile advertising company
ScreenTonic in a bid to expand its mobile expertise. ScreenTonic has
relationships with some of the largest mobile providers in Belgium,
France and the U.K. The firm currently markets an inventory of 80
million page impressions every month.
The acquisition
is expected to be completed in the first half of Microsoft's fiscal
year 2008. AdECN, which has approximately 30 employees, will
continue to operate from its California headquarters as part of
Microsoft's Online Services Business.
Business Partner Life-Insurance
Ensures Safety Net
Life insurance
on the partners in a business can be an effective way to ensure that
the business survives the partner�s death or disability, retirement
or withdrawal, and provides funds to the beneficiaries of the
partner.
There are two
approaches to who owns the policy, which may have a substantial
effect on the surviving partner/shareholder/member. However, the
effect on the beneficiaries of the purchase is the same...capital
gain accrues to the purchase of the interest in the business.
In the first
approach (stock retirement plans), the company would own the policy
and would then buy the deceased partner�s interest. Upon sale or
dissolution, the partners would pay tax on any profit without the
benefit of the increased basis.
In the second
approach (shareholder cross-purchase plans), the partners would own
the policy and would buy the deceased partner�s interest directly
from the beneficiaries. It should be noted that in neither approach
is the insurance premium a deductible expense.
Because
buy/sell agreements are not simple as they indicate how the business
will be valued, it should be in written form, and the use of
experienced attorneys is advised. Agreement on the approach to
valuation of the company is often revised as the business conditions
change.
If, as in some
cases, a partner(s) is uninsurable, a sinking fund approach could be
used. This is when money is set aside periodically in a reserve
account. The balance of this account would be a down payment on the
lump sum due upon the event.
Although the
loss of a partner can have a devastating effect on the business, as
well as the person�s family, life insurance can provide funds which
may help those affected by the tragic event.
Universal Law-Of-Reciprocity Key To Trade Exchange Success
Every trade
exchange owner in the world should not only be aware of the
law-of-reciprocity, but using it, in the operation of their
business.
Trade
exchange owners are invited to e-mail
bmeyer@barternews.com
for more information on how you can become �the exchange of choice�
in your area. When e-mailing Bob Meyer, put �Law of Reciprocity� in
the subject line.
Hotel
General Managers
Here�s
The Easiest $100,000 You�ll Ever
Bring To The Bottomline!
Collect
cash, as usual, from the guest accounts staying at your
facility that require the use of professional AV services.
And rather than shouldering your ongoing employee costs, or
your current vendor�s cash agreement for AV services,
here�s a much better alternative:
Work
with a proven national vendor (a sterling 25-year track
record) who will provide all of the AV services for your
hotel on a 100% TRADE BASIS! (Payment to be in the form of
hotel rooms and/or trade dollars.)
Your hotel�s annual AV billings must be a minimum of $200,000, and this
offer is available only in the continental United States.
For a
confidential introduction contact Bob Meyer via e-mail:
bmeyer@barternews.com.
(Please type in AV Services On Trade in the subject
line of your e-mail.)
Attention Trade Exchange Owners:
If your
member hotel(s) have a minimum of 10,000 sq. feet of meeting
space and annual billings of at least $200,000 for AV
services this is a great opportunity to earn substantial
cash service fees on the hundreds of thousands of trade
dollars your hotel member will be paying the vendor. Contact
Bob Meyer at the above e-mail. |
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The Growth and Use of Secondary Capital (New Money) Creates
Unprecedented Wealth In Today�s New Age Of Possibility
There are
many forms of secondary capital�which can be defined as any
financial instrument that measures and communicates value in a
common language. Would you like to see and learn more about the many
forms of secondary capital?
We have 70
free, informative and inspiring, articles for you in our �Secondary
Capital Section.� Check it out...
www.barternews.com/secondary_capital.htm.
Get
New Money-Making Ideas And Valuable Contacts!
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