|
March 13, 2012 Written
by Bob Meyer, Editor of BarterNews
We
Want You To Know...When you sign up to receive the
FREE weekly Tuesday Report announcement your e-mail address
will never be sold, traded, or given to another party.
Please
Note: We receive e-mails from people who have signed up
for the Tuesday Report, and then tell us they’re not
receiving our weekly announcement. In most cases this is because
they’re blocking unwanted e-mails.
To
ensure that our weekly Tuesday Report e-mail announcement
reaches your mail box, we suggest you add
bmeyer@barternews.com
to your address book or safe sender list.
If you are a frequent visitor to our site we suggest
you hit the �refresh� button from time to time as we add information
to our site several times a week.
From the desk of Bob Meyer...
03/13/2012
American Consumers Improving Their Balance Sheets
Americans are reducing their debts and increasing their
incomes � either from working longer and saving, or by
investing in the financial markets. U.S. households� net
worth (the value of their homes, stocks and other
investments minus debts and other liabilities) rose $1.2
trillion to $58.5 trillion from October through December.
The increase came as the Dow Jones Industrial Average
rallied nearly 12%.
New
Game For Sellers Of Businesses
Looking to sell your business? Don�t expect to throw the
keys to the buyer, grab a check, and hit the exit. Today
you�ll be asked to help finance the sale (typically 50% to
80%) and be paid in installments over time.
Plus many buyers will want you to continue working at the
firm post sale, so they can more easily take over the
managerial role without disrupting employee or customer
relationships. The median sale price of a small business
sold last year was $155,000, 18% less than in 2008.
Most
Business Travelers Go It Alone
According to PhoCusWright research, some 30.7 million
Americans or roughly 13% of the adult population, took at
least one business trip last year. It was also noted that
70% of surveyed U.S. business travelers work for companies
that had no policies on booking channels or supplier usage.
Companies with managed travel programs were found most often
to have 5,000 or more employees.
Plastic Surgeon Will Barter For A Video
Dr. Michael Salzhauer,
leading Miami Plastic Surgeon at Bal Harbour PlasticSurgery
Associates, recently announced �A Nose Job Love Song
Giveaway.� Dr. Salzhauer�s contest involves creating your
own video about needing a nose job to the newly released
song �Nose Job Love� by the Groggers.
The contestant who
gets the most views on YouTube will win a free Rhinoplasty,
with free airfare to Miami and lodging.
For more information
contact Kathryn Kelly at (508) 643-8000.
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. . .) |
ITEX Posts
Second-Quarter Earnings For Fiscal 2012
ITEX Corporation (OTCBB:ITEX) has filed its Form 10-Q with the
Securities and Exchange Commission, announcing results for its
fiscal 2012 second-quarter ended January 31, 2012.
�Our two core business revenue streams, transaction fees and
association fees, both increased 2% in the quarter compared to the
same three month period last year, and increased 3% and 2%,
respectively, for the six month period ended January 31, 2012
compared to the same period last year.
�Operational income was 20% higher than last year�s second quarter,
and net income increased 65% for the six-month period ended January
31, 2012 compared to the same period last year, primarily due to the
divestiture of two corporate owned offices and an increase in
interest income. All in all a very good quarter and solid results
for the first two quarters of fiscal 2012,� stated Steven White,
Chairman and CEO.
Second
Quarter 2012 Highlights
�
Revenue of
$4.229 million compared to $4.417 million in the same period last
year.
�
Income
from operations of $283,000 compared to $235,000 in the same period
last year.
�
Cash at
end of period increased to $5.807 million from $5.386 million on
July 31, 2011.
�
Stockholder equity increased to $15.150 million from $14.758 million
on July 31, 2011.
�
Paid a
$0.04 per share quarterly cash dividend in December.
On
February 24, 2012, the Board of Directors of ITEX Corporation
declared a quarterly cash dividend of $.04 per share payable on
March 20, 2012, to stockholders of record as of the close of
business on March 9, 2012.
For
more information on ITEX Corporation
click here.
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.
The Barter Company
Welcomes Lynda Trotman As Media Director
The
Barter Company, now in its sixteenth-year of business and based in
Kennesaw (GA), has announced Lynda Trotman as the company�s new
Media Director. Trotman will be responsible for facilitating all
media buys and marketing/advertising for the company�s barter
clients.
She
joins The Barter Company team from Olympus Media LLC, located in
Alpharetta (GA). Olympus Media, one of the fastest growing billboard
companies in the country, was where Trotman served as National
Account Manager working with national and international advertising
agencies. It was also there that she worked closely with The Barter
Company, utilizing barter to help develop the national department
for Olympus Media.
Trotman comes to The Barter Company with almost 25 years of
experience in advertising and marketing which includes, advertising
sales in the OOH Industry, publishing (both national and lifestyle)
as well as product and business development. She also brings her
exceptional talents in market-need identification and market
penetration. Trotman served as sales manager for Grandesign
Advertising, a full service agency in Winter Park (FL). She was
responsible there for new business development as well as developing
strategic marketing, public relations, plus media and design
campaigns for the agency�s clients.
�I
am thrilled to be part of The Barter Company team. In my experience,
this company is one of the top trade exchanges in the nation,�
asserted Trotman. �My entire career has been spent in the
advertising/marketing industry, and I look forward to utilizing all
my expertise in working with the company�s barter clients to grow
their businesses using marketing through barter.�
Ric
Zampatti, The Barter Company CEO, states, �We are very proud and
excited to welcome Lynda to our team. Her advertising and marketing
background, plus the fact that she truly understands barter will be
invaluable to our clients.�
For
more info on The Barter Company, phone 770-591-4343 or
click here.
Leverage Your Cash Flow With
Barter
Every month various entities are tugging at
your sleeve for a cash payout: employees, suppliers, landlords, and
tax collectors to name a few. The fact is that if you don�t have
enough cash at a crucial point in the chain of demands, you�re in
deep water without a raft. Therefore, your company�s cash flow is
most vital. It represents the every day reality of your business �
the movement of money in and out of your company.
Cash flow is your company�s most valuable
asset, because without it you�re out of business. The goal of good
cash flow management ought to be obvious ... to have enough cash on
hand when you need it. It�s a simple concept, yet in practice it
really is not that simple.
The problem in analyzing your cash flow is that
it involves tomorrow, which is uncertain. That�s why it is so
important to learn how to leverage cash flow, deftly playing one
element against another, harnessing other people�s capital, and
saving cash by trading whenever possible.
The cash flow fundamental leverage rule, as
practiced through the centuries, is this: Get your customers to pay
you as soon as possible, preferably in advance. And at the same time
attempt getting your vendors to let you take your time paying them.
Vendors wishing to grow will often be patient just to get your
business.
Let�s face it, asking to be paid in advance for
sales and then paying vendors much later is not a piece-of-cake in
today�s competitive marketplace. Therefore, it�s imperative to
seriously focus on saving dollars and getting control of your
company�s many costs (expenses and purchases), because that�s where
the really big payoff is.
Of course sales dollars first must be used to
meet obligations such as rent, insurance, utilities, salaries, and
taxes. However, since dollars saved aren�t part of your income, they
go right to your bottomline where they can do the most good for your
business.
Money-Making Reports Available From BarterNews
(Advertisement)
How To Get More Sales In
Hyper-Competitive
Restaurant Industry
Our street-smart restaurant
marketing report shows proven ways to rapidly boost your
restaurant�s sales & profits.
More-->
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.
Give
A Gift To A Friend Or Associate.
If you know someone who might benefit from this newsletter, feel
free to forward it to them! (See the �box� at the end of the
newsletter for the forwarding service.)
We welcome your
comments, questions, and observations.
�
Copyright BarterNews 2012. Redistribution of BarterNews
content expressly prohibited without the prior written permission of BarterNews.
|
|
