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December 2, 2014
Written
by Bob Meyer, Editor of BarterNews
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From the desk of Bob Meyer...
12/02/2014
NATE's 31st Annual Convention Scheduled For Las
Vegas
The most popular venue for barter
conventions (for both of the commercial trade associations)
is Las Vegas; attendance figures over the years substantiate
this statement.
The NATE Board of Directors has
announced that their 2015 annual convention will convene May
3 thru 5, the iconic Golden Nugget in Las Vegas. More
information will be forthcoming, but mark your calendars now
for these dates.
Bartering On Craigslist
Like to trade direct locally? There's several
ways to generate and grow your list of potential trading
partners by consulting the Craigslist barter category.
Here's a link to quickly learn the six steps you'll want to
follow for exploring and engineering your deals:
www.BarterFanatic.com.
All
back issues of "From the Desk..." can be accessed by
clicking
here.
(Please feel
free to forward our newsletter to your friends and
colleagues. We have a "box" at the end of the
newsletter for your convenience.
See you next week...) |
NATE 4TH QUARTER SPECIAL
Pump
Up Your Trade Exchange -
Click here |
Time To Take Action On Profitable
Year End Strategies
At year-end it is important to review the many facets of your
business in order to ensure year-end profitability, recognize tax
concerns, and plan for the new year ahead.
Keep in mind that
barter revenues are taxable in the year they are earned. For your
convenience we have listed several ways in which barter might be
used for business expenses this past year. (Be sure to consult with
your tax accountant.)
Client gifts
From
fruit baskets, nuts and candies, to wreaths and holiday floral
arrangements, it's the perfect way to thank your clients for their
patronage.
Employee bonuses
Utilize
barter to reward hard-working employees. Give them gifts purchased
with trade dollars, or holiday bonuses where the assignment of trade
dollars can be used at their discretion.
Company
party
From banquet halls and catering services to
decorations, barter will enable you to host an event that is both
enjoyable and affordable.
Entertainment scrip
Give the gift that everyone will enjoy, scrip that is redeemable
at restaurants and hotels in your area.
Charitable
contributions
Barter income is taxable in the year it
is earned. You might consider making a tax-deductible contribution
of trade dollars to non-profit organizations that will accept your
trade dollar donation. You may also designate a charitable group of
your choice, and ask your trade broker to establish an account for
them.
BarterNews.com — World's Largest
Depository Of
Barter Information
Hundreds of valuable articles,
techniques, and strategies are found in the following various barter
categories:
Travel,
Media,
Trade Exchange
Corporate Barter,
Offset & Countertrade,
Secondary Capital,
Real Estate,
Community Barter,
Restaurant & Entertainment
(The Barter
Categories are found on the horizontal bar at the top - 3rd
button from right.)
Money-Making Reports Available From BarterNews
Statistics Prove Bartering Efforts
Valuable During Holidays
- 69% of small businesses will give gifts to customers and
clients.
- 53% of small businesses will host employee holiday
parties.51% of small businesses will give year-end bonuses.
Is Your Trade Exchange Missing Out On
Valuable New Business?
If
your barter company's listing on BarterNews.com isn't current, you
are definitely missing out on new business. The web site
BarterNews.com receives heavy traffic — with over 150,000 page-views
every month. Entrepreneurs and corporate executives check the
thousands of articles, the weekly "Tuesday
Report," and the "Contacts
Section" of our site. They use the latter to find barter
companies with which to do business.
Is your barter company's listing up-to-date?
To keep your listing current is very easy. See the links below to (A)
update any changes to your company's listing, such as new location,
phone number, web site or other information, and (B) if your company
has not been listed.
Here's how to get on board:
To
make changes to your listing
click here.
For
new listings
click here.
For Greater Profits Establish Solid
Relationships With Your Barter Suppliers
Good suppliers, like good customers, can last a lifetime. But like
good customers they involve a relationship, not just a series of
transactions. Relationships are valuable — they require
constant monitoring, feedback, communications and fine-tuning.
In the past few years, the trend toward cutting down on the number
of suppliers has been accelerating. But the fewer the suppliers you
work with, the more important the remaining ones become. What's
important when dealing with suppliers — whether on cash or a
trade basis — are ones you can trust.
To select
suppliers intelligently, you must have a clear understanding of your
own goals. Know what your standards are for price, quality,
reliability, and the need for peak performance at crunch times. Not
only do you need to trust your suppliers, but you also need
suppliers who trust you. So try to understand as much about their
operations as you do about your own.
-
Do you know your suppliers’ top management people?
-
Do they have depth in talent and experience?
-
Are they stable, or are they susceptible to turnover?
-
Is their vision of the future secure, or are they in flux —
waiting to be sold?
Your suppliers must not only be able to perform today, but in the
foreseeable future. Ask yourself if they have the capacity to grow
with you, both in volume and in technological capability.
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How Do You See Yourself?
Most entrepreneurial business owners see their "business
personalities" in distinct terms, according to the latest survey by
Open Small Business Network, American Express Company's
small-business unit.
When asked to choose, 34% of the owners
in the survey characterized themselves as managers, or big picture
people, who like making things run smoothly and improving how
employees work together. They enjoy the operational part of the
business.
Second, at 27%, came what the poll labeled the
heroes, or those who take to solving the difficult problems facing a
company. Next, at 16%, were the rainmakers who find new business,
while 11% of the owners see themselves as artists, more involved in
creating products than running the business
Only 4% of those
surveyed would characterize themselves as mavericks, or risk-takers,
those who sometimes take up projects for the sense of adventure
alone.
Owners were also asked what their No.1 pet-peeve was
regarding employees. Although the largest percentage (35%) didn’t
have any one pet peeve, for those who did, showing up late for work
and lack of initiative were at the top of the list.
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!
You can
obtain useful, informative ideas and contacts in every available
back-issue of BarterNews.
Every
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
We welcome your
comments, questions, and observations.
Copyright BarterNews 2014. Redistribution of BarterNews
content expressly prohibited without the prior written permission of BarterNews.
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