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April 13, 2010

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer... 04/13/2010

Steak N Shake To Make Name Change

Texas investor Sardar Biglari is changing the name of his Indianapolis cheeseburger chain from Steak N Shake to Biglari Holding, Inc. Mr. Biglari has plans to diversify outside of the restaurant industry. You may remember that over a year ago Biglari fell short in a takeover effort to obtain ITEX — the nation’s largest barter company.

Trades Of The Month From 1999 ...

Salaries Traded For Stock

A handful of senior executives at Border’s Bookstore have traded their entire salaries and bonuses for stock options!

Airline Gates Exchanged

Continental Airlines has traded five of its terminal gates at LAX to United Airlines for several of their gates at Newark’s airport.

DreamWorks Secures Barter Deal With Wal-Mart

Instead of limiting itself to theater box offices, DreamWorks studio unveiled a novel marketing deal with Wal-Mart. Two movie ticket vouchers for their new movie Prince of Egypt will be included in Wal-Mart’s $20 gift packages with a storybook and CD of the movie songs.

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 Makes Company-Wide Computer Upgrades

ITEX, the largest trade network in the U.S., will provide new computers, software and monitors, for its franchise network and corporate offices to replace existing desktop systems.

Steven White, ITEX Chairman and CEO, explained, “Our continued success is due in part to our organization utilizing leading technology products and services. We are committed to providing our franchisees and corporate staff with the finest tools to be as productive and efficient as possible. Our PC infrastructure was standardized on Dell™ products and Microsoft™ software in late 2004, and we are timing our network-wide PC upgrade with the launch of Office 2010.”

Overview:

Software to include Microsoft Windows 7 and Office Small Business 2010, plus 180 Dell computer systems are expected to be purchased upon launch of Office 2010.

For more information 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.


Barter Industry Addresses North Carolina Bar Association

On April 15, representatives from the commercial barter industry will address the Ethics Committee of the North Carolina Bar Association regarding a proposal that would prohibit attorneys in that state from participating in barter exchanges. Industry leaders believe that such a negative stance, if adopted, could spread and cause problems for the entire commercial barter industry.

Ron Whitney, executive director of the International Reciprocal Trade Association (IRTA), will be arguing the matter in front of the Ethics Committee. Maurya Lane, founder and president of the Barter Business Exchange in Carey (NC), will accompany Whitney. Additionally, Gary Oshry, President of the National Association of Trade Exchanges (NATE), has written a letter to the North Carolina Bar in opposition to the proposed opinion.

* * ANNOUNCEMENT * *

25 Years Of BarterNews Issues Now In Digital Format

Welcome to the largest repository of barter contacts, strategies, and barter techniques in the world. All 64 issues of BarterNews now available in digital format at http://www.barternews-ezine.com.


·         International visitors look for BARTER CONTACTS in our Global Barter Section. If YOUR exchange isn’t listed see the forms on the lower left of the page. (Click here.)

·         Attention trade exchange owners...thousands of visitors every month visit our BARTER CONTACTS section on our web site where we have names & addresses of barter companies in the USA. If YOUR exchange isn’t listed, or the information is incorrect, you can correct the situation by using the forms to the lower left of the USA map. (Click here.) 

Click here www.barternewsblog.com.


Jack Schacht Moves Into New Business Venture

Chicago-based Jack Schacht formed Illinois Trade Association back in 1983, and built it into the largest independent trade exchange in the country. In September 2006 he sold the company to IMS Barter, cashing out for millions.

Now the tenacious entrepreneur has moved in another direction with a brainstorm that will provide nonprofit organizations the ability to have their own internet store complete with their nonprofit’s logo. The store will offer over 10,000 high quality products with genuine, verifiable discounts.

The nonprofit organization will earn 30% of the gross profit and they’ll be able to ask for an additional donation at checkout. There is no cost to the nonprofits for their store and the program requires no additional staff or volunteers to maintain it.

Schacht will be working with advisors — associates who will call and introduce nonprofits to this new program. The new venture is expected to be up and running on July 15, 2010.

For more information click here.


Money-Making Reports Available From BarterNews

Is It Time For Some Outsourcing Through Your Trade Exchange?

Is your company short on the talent to grow your business as fast as you’d like? Are you undercapitalized at the moment? Maybe it’s time to hire some full or part-time people by the hour, week or month, without committing to long-term employment. You not only gain flexibility but the contract workers will bring you a fresh perspective and some new ideas.

Contract workers are generally available to start work within 48 hours with little or no upfront costs. Now is the time, with the nascent recovery of the economy, to seize the initiative and secure that needed temporary talent. The first call for such talent should be to your trade exchange broker, who can steer you to various entities within the exchange to fulfill your needs and desires.


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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!

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.

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