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August 3, 2004

Written by Bob Meyer, Editor of BarterNews

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Barter Industry Research Underway...
Your Valuable Input Is Requested And
Can Remain Anonymous

The International Reciprocal Trade Association (IRTA) has launched their statistics gathering effort to determine valid and reliable barter industry statistics. This information is increasingly important as business communities, media, governments, and financial industries around the world continue to take notice of our industry.

IRTA is called upon regularly to give interested parties information about the barter industry such as size of the industry, average annual growth rate of barter, number of clients that engage in barter, etc. It is important that we produce valid and reliable information. To do so, we need your help!

You are not required to be an IRTA member, nor are you required to join IRTA in order to participate. Your response can remain anonymous if you choose. We simply ask every barter exchange owner to take a few minutes to provide answers to several short questions. Simply click on the following link to access a short questionnaire that, when completed by you, will provide the collective information we need to do this job on behalf of the industry:

www.esurveynation.com/irta/irta.htm?1096

IRTA has contracted with Lewis and Clark Research to collect the responses, analyze the data and produce a report of findings, so information about your specific company will be kept confidential. The questionnaire should take no more than 10 minutes to complete.

If you have any questions about this survey, please contact Krista Vardabash at 585-424-2940. For technical assistance with the survey, please contact help@readersurvey.com.

Thank you for your assistance in this important industry project. The time you spend in generating the information will be to your benefit and the benefit of the entire barter industry.


Get New Money-Making Ideas And Valuable Contacts!

You can obtain useful, informative ideas and contacts in every available back-issue of BarterNews.


Don Mardak Busy With Interviews & Acquisitions

Don Mardak, CEO of International Monetary Systems (OTCBB:INLM), was interviewed by three business web sites last week. He also announced the completion of another acquisition for Continental Trade Exchange...Barter Network Inc. in the Washington (DC) area.

Spreading the word and awareness through his interviews with wallstreetreporter.com, macreport.net, and wallst.net, Mardak explained how commercial barter expands profitability by bringing in new customers and helping utilize excess capacity and unsold time. The interviews can be heard by logging on to the various web sites.

Regarding the latest acquisition, Mardak declared, “Based upon BNI’s past performance, this transaction should add approximately 8% to our annual gross revenue. We are very enthusiastic about serving clients in the seventy-five mile radius of the nation’s capital, which represents the fourth or fifth largest market in America.”


The Secret Of Achieving More With Less

The September issue of The Competitive Edge newsletter has an exceptional article which focuses on how to achieve more with less!! Trade exchange owners, who sincerely want to help their clients achieve more, should provide them with this valuable information and powerful way of thinking! For more info on the monthly newsletter click here.


Re-employment Of Executives Drops Dramatically...
Could Barter Industry Be An Answer?

The Bureau of Labor Statistics reports that the re-employment of executives between the ages of 55 and 64 sank from 58.8% to 52.5%...the lowest rate since the early 1990s.

There is consequently an abundance of intellectual talent going to waste. And due to mergers and consolidation, as well as various industries where drastic downsizing has taken place, many of these jobs are lost forever.

This means that a whole generation of people could miss out the last ten years of income needed for their retirement, if they aren’t re-employed. Given the realities of today’s marketplace, and with so much talent and experience, these executives should expand their thinking and look into an exciting opportunity—the barter business!

Here’s my suggestion...consider the various niches the barter business offers. Take immediate action by planning to attend one or both of the national conventions happening in September:

The National Association of Trade Exchanges will meet in Las Vegas, Sept. 9 - Sept. 11 (www.nate.org).

The International Reciprocal Trade Association will convene in Cancun, Sept. 30 - Oct. 3 (www.irta.com).


Every barter company in the world is listed on our web site, click through to our Global List of Barter Companies.


BarterNews issue #62 is now available...Get yourself a copy now! Orders are shipped within two business days. (Click on Order Form.)


New Study Shows Ambition Knows No Gender

A majority of senior executives, both male and female, at Fortune 1000 companies want to become their employer’s chief executive. The survey by Catalyst, a New York research group, indicates women with children at home yearn to occupy the corner office as much as those without children.

The study of 948 officials at the vice president level and above, dispels the popular notion of why few women hold high-level business posts—because they supposedly don’t aim high enough.

In 2002, women accounted for only 15.7% of corporate-officer positions and 5.2% of top earners at Fortune 500 companies, a prior Catalyst study showed.

Even more telling, the vast majority of women in top jobs hold staff rather than line positions which oversee a business that earns money for their employer. And women occupy just 9.9% of line corporate-officer jobs, those that are most likely to lead to the very top.

Women also confront an additional and even more pervasive set of culturally related barriers—such as exclusion from informal networks, stereotyping, lack of role models, and inhospitable corporate culture—experienced by very few men, the report said.

To improve women’s chances of taking over the chief executive post, it was suggested that companies formalize career-development programs and give promising female executives more “stretch” assignments.


Did you know that your classified ad gets one full year exposure in the
Tuesday Report archives?!

For information on The Barter Marketplace click here.

The Barter Marketplace archives click here.


Here & There...

  • Ginger Lai, founder and president of ABC Barter, located in Alhambra (CA), reports they’ve recently exceeded $1 million in annual multi-directional trades. The company is projecting to more than double their trading volume in 2005.
  • Wealthy Americans showed the highest level of economic optimism in seven quarters, but their spending is stalling slightly amid concerns about Iraq, energy prices and a real-estate bubble, according to McDonald Financial Group’s latest Affluent Consumer Confidence Index.

    The Conference Board, a private research group based in New York, reported similar results. Their index of consumer confidence in U.S. business conditions is at the highest level since June 2002—a two year high.

  • Have you signed up to receive a summary via e-mail of the Tuesday Report every week? If not, go to the top of this issue (right hand corner) and sign up!

  • China entrepreneurs have been told by a top economic official that the government would “encourage, support, and guide” private companies by creating a level playing field for them. This means granting preferential treatment to private companies the same as state companies and repealing restrictive laws.

    The announcement came four months after the ruling party amended China’s constitution to protect private-property rights for the first time.

  • Bruce Hovis, founder of Jamaica Trade International, located in St. James, Jamaica, passed away earlier this year.

We welcome your comments, questions, and observations.
Copyright BarterNews 2004. Redistribution of BarterNews content expressly prohibited without the prior written permission of BarterNews.

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