April 20, 2004
by Bob Meyer, Editor of BarterNews
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Barter Joins Bentley Commerce's Global Network
Alliance Barter, founded in 1978 with a present membership of 2,500
members, has joined the Bentley Commerce (OTCBB:BLYC) internet-based
network and will begin using its VirtualBarter trade exchange management
The total of
independent trade exchanges associated with Bentley's Online Global
Trade Marketplace now numbers 46, an impressive amount since its
January 2004 startup.
CEO of Bentley, was enthusiastic: "We are delighted that Alliance
Barter has chosen to affiliate with us and use our VirtualBarter
software." Members of Alliance Barter will be able to trade
with a new base of buyers that now includes thousands of participating
members and 226 hotel, resort and B&B properties on its Hospitality
For more information:
www.bentleycommerce.com and www.alliancebarter.com.
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Accepts Invitation From OTCBB Market Leaders Program
Monetary Systems (OTCBB:INLM) announced that it will participate
in the "OTCBB Market Leaders" investor relations program.
The program is sponsored by the Wall-Street.com division of National
Corporate Services, a leading investor relations firm. (Other participants
can be viewed at their microcap web site: www.otcbbleaders.com.)
screened each company on the OTCBB to determine the top 15% which
were invited to appear in the program. All of the invited companies
are reporting to the SEC and are making an effort to comply with
applicable portions of Sarbanes-Oxley.
chose to participate," explained IMS CEO Don Mardak, "because
we wish to let the investment community know that we wholeheartedly
support recent efforts to embrace higher standards for public companies
and greater transparency for the investing community."
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Founder Of Domino's, Again Will Benefit From Long Ago Trade
originally founded Domino's Pizza in partnership with his college
roommate. But the long hours of the startup didn't suit his roommate,
who soon wanted out. Unable to come up with any cash to buy out
his partner, Monaghan traded on the only asset he had—bartering
his old Volkswagen for his partner's 50% interest.
What a trade
it's been! Monaghan sold most of the company to Bain Capital, pocketing
$400 million in 1998. However, he retained 27% and is about to reap
another windfall as Domino's is now planning to go public.
7,400 take-out and delivery stores including franchises, in the
United States and abroad. In 2003, the franchise stores posted sales
of about $3.8 billion, and the company-owned stores had $381 million
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
Entrepreneurs Overy Optimistic
A new study,
"Expected Costs of Startup Ventures" shows that people
in the planning stages of a new business believe a modest amount
of cash will be required for their startup, yet will generate high
income within a few years.
expect to spend an average of $6,000 to get started, and anticipate
earning $90,000 annually within five years. Team ventures expect
to spend $20,000, and have income of $125,000 each within five years.
will largely come from personal savings, with just 8% of solo entrepreneurs
and 16% of teams will seek bank loans. The two-year study with more
than 800 Americans was done by Blade Consulting of Vienna (VA) for
the U.S. Small Business Administration's Office of Advocacy.
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
- The world's
largest private currency, frequent flyer miles, now totals $200
billion (10 trillion miles at 2 cents each). For thoughtful and
intelligent advice on playing the increasingly complex frequent
flyer game check out: www.frequentflier.com.
- The number
of wealthy Asian-Americans has increased more than fivefold in
the past two years making them the fastest-growing group of affluent
investors, according to a study by Spectrem Group of Chicago.
the subjects in the study built their wealth as accountants,
physicians, dentists or technical specialists. (The study said
5% of the affluent Asian-Americans were business owners, compared
with 17% of the broader affluent population.)
the respondents earned their wealth recently, with very few
acquiring their money through inheritance. The study also showed
that they take greater risks (are very aggressive) with their
investments, and are twice as likely as other affluent investors
to trade online. So far they have shied away from using wealth
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average wedding costing over $22,000, sponsored weddings are
catching on. More and more, couples are willing to exchange
a bit of promotion along with their vows in exchange for various
goods and services. For more on the subject: www.sponsoredwedding.com.
world: United Parcel Service, hit hard by a shift in consumer
preferences toward less-expensive ground-delivery services,
is negotiating with Europe's Airbus to cancel more than $1.6
billion in orders for A300-600 aircraft.
of Economy.com says mortgage borrowing and mortgage refinancing
rose to $681 billion in 2003, up from $606 billion in 2002.
He believes there is still more refinancing possibilities as
about 50% of existing mortgages have rates high enough to refinance
successfully. And, according to Zandi, it's a key reason why
the economy will not fall apart even if job creation remains
Partners, a new service for creating agency transparency in
public relations and marketing project pricing, has launched
e-Quote. The web site is a quick, easy, and free method for
companies to obtain a quote for their marketing and PR planning.
For more information: www.ajrpartners.com/quote.htm.
has just returned from the Global American Countertrade Association
meeting in Portugal. He reports that the organization is placing
almost 95% emphasis on offset, and slowly abandoning classical
countertrade (structured trade, barter and counter-purchasing).
sees room for a new organization as an outgrowth, with bankers
and trading companies becoming involved. The March 31 - April
3 meeting had more than 200 in attendance, with a large number
of attendees from European firms.
is combining creativity with connectedness and business, as
they stage Global Entrepolis @ Singapore 2004. To be held October
11 - 15, it promises to be a unique marketplace specially designed
to facilitate networking for both small and large companies.
event, the Global-Asia Trading Exchange (July 19 - 23), will
be buyer-centric...connecting global buyers from the automotive,
electronics, precision engineering, and info-communication industries
to a targeted pool of pre-qualified suppliers in customized
one-to-one meetings. For more information: www.sif.org.sg.
seeing a rapid rate of investment in fixed assets, which ballooned
43% in the first three months of 2004. The building of greater
capacity is fueling demand for raw materials, driving up their
prices, and creating energy shortages and supply bottlenecks
that could induce inflation and create havoc for the economy.