May 26, 2015
by Bob Meyer, Editor of BarterNews
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NATE Hosted 31st Annual Convention In Las Vegas
The National Association of Trade Exchanges (NATE) held their 31st
annual convention at the Golden Nugget in Las Vegas, where trade
exchanges from both the U.S. and Canada attended. The convention
attendees consisted of trade exchange owners, brokers and sales
representatives from more than 25 exchanges.
Along with the
seminars and discussion panels, convention attendees had a lot of
other options this year. Many social events were planned as a way
for the different exchanges to get to know each other and learn what
each exchange has to offer in hard goods and in travel.
"Shark BANC Competition," consisting of strategies for promoting
BANC items to a panel of judges, was a big hit! Convention
registrants could attend a Cinco de Mayo celebration at the on-site
Cadillac Mexican Kitchen & Tequila Bar. Additionally, there was an
awards banquet held in the Pebble Beach Ballroom.
for this year's convention included Tradefirst (Diamond),
International Monetary Systems (Platinum), Saturn Barter Company
(Platinum), Local Trade Partners (Gold), The Barter Company
(Silver), New England Trade (Bronze), and Barter Business Exchange
(Bronze). Their generous contributions went toward the
planning, organizing and execution of convention events, such as the
Pebble Beach Ballroom awards banquet and the Great NATE Trade
In addition to the seminars moderated
by exchange owners and brokers, NATE guest speaker Cynthia
Vassilowitch gave a superb seminar on IRS issues. With nearly three
decades of experience with the IRS, Ms. Vassilowitch is a certified
public accountant (CPA), enrolled agent (EA) authorized by the US.
Treasury, and has her Masters in Taxation (MST).
year NATE had the largest CTB (certified trade broker) training
course ever taught, with 19 students in attendance. The program is
designed for individuals seeking to advance their barter broker
skills and knowledge in the barter industry. Of those, 16 passed
their respective test resulting in 8 CTB and 8 RTB certifications.
The 2015 elected officers to the NATE Board of Directors is
Anne Weiser, of International Barter Exchange —President
Ric Zampatti, of The Barter Company —Vice President
Gary Oshry, of New England Trade —Treasurer
Kim Ames, of TradeAmericanCard —Secretary
For more information on the recent NATE convention, go to
www.natebarter.com/conventions or contact Raye Hampton Fegan at
(617) 763-3311 or
BarterNews.com — World's Largest
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Trade Exchanges Are Powerful Allies
For Lowering Business Costs
Every dollar saved is magnified at the bottomline. Here are some
ways to save money:
- Do more business through your trade exchange. Every
barter purchase that replaces a cash purchase saves you money.
- Begin by negotiating better with your cash vendors. Ask a
simple question, "What else can you do for me?" And when you
give them "additional" business, do it on a trade basis.
- Focus on performing to the utmost for existing clients. It
costs only 20% as much to keep them happy and satisfied, as to
find and secure new clients.
Introduce incentive programs for greater productivity —
these are ones that pay off regularly. Then use barter to fund
these programs, whenever possible.
Is Your Trade Exchange Missing Out On
Valuable New Business?
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
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Section" of our site. They use the latter to find barter
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Is your barter company's listing up-to-date?
To keep your listing current is very easy. See the links below to (A)
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Here's how to get on board:
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“The reputation of 1,000
years may be determined by the conduct of one hour.”
—Old Japanese proverb
Without trust a good reputation cannot be
created, a leader cannot be effective, and a company cannot prosper
in the long run. Build your reputation upon a foundation that will
enable you to say, "trust me," and be able to back it up with
When in doubt, ask yourself the question that
should precede every business choice: "Would I be pleased and proud
if that action was on the front page of the newspaper tomorrow?"
Are You Working For A New Company?
Here's a simple — and humorous
— way to tell if you are working for a new
- If you really don't know what day
it is … you're probably working for a startup.
- If you know the number for pizza
delivery near your office by heart … you're
probably working for a startup.
- If you look forward to holidays
because you'll miss traffic and get to work ten minutes sooner
… you're probably working for a startup.
Someone once said that a startup
company runs like a casino: it's all about making money, it's
a huge gamble, and no matter what a startup never closes!
How To Get More Sales In
Our street-smart restaurant
marketing report shows proven ways to rapidly boost your
restaurant's sales & profits.
The Growth and Use of Secondary
Capital (New Money) Creates Unprecedented Wealth In Today's New Age
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...
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