August 14, 2012
by Bob Meyer, Editor of BarterNews
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From the desk of Bob Meyer...
Australia’s Bartercard South Gold Coast Has
The well-managed Bartercard South Gold Coast is led by
Andrew Federowsky, one of the founders of Bartercard and a
member of the International Reciprocal Trade Association’s
Barter Hall of Fame. The Australian trade exchange has a
most interesting Facebook page,
Hot-Dog Chain Founder Asks $25 Million For
John Galardi, founder of the hot dog chain Weinerschnitzel,
has his Snowmass (CO) ranch on the market for $25 million.
(Its location is about fifteen minutes from downtown Aspen.)
Galardi, who worked at Taco Bell before he went out on his
own, often appears in his company’s TV ads which promote 5
chili hot dogs for $5.
He is selling the 56-acre ranch which includes a
12,000-square-foot main house, a three-bedroom guest house,
along with a 7,000-square-foot equestrian facility with a
12-stall barn, because his children are grown.
Immigrants Favor Opening Up Small Businesses
Immigrants coming to America are more inclined to own small
businesses than native-born Americans. In doing so they’re
energizing local economies and reshaping communities.
Immigrants represent 13% of the population, but account for
19% of the country’s small businesses, according to the
nonpartisan Fiscal Policy Institute. Small businesses are
defined as companies with fewer than 100 employees.
New Technology: Experimental Camera Boasts
Scientists at Duke University have built an experimental
camera that allows the user — after a photo is taken — to
zoom in on the image in extraordinary detail. Although a
long way from becoming a salable product, the device, called
Aware-2, could fundamentally alter the way images are
captured and viewed.
The new camera collects more than 30 times as much picture
data as today’s best consumer digital devices. Existing
cameras can take photographs that have pixel counts in the
tens of millions. The Duke device produces a still or video
image with a billion pixels, that is five times as much
detail as can be seen by a person with 20/20 vision. The $25
million project is funded by the Defense Advanced Research
Small Business Suppliers Being Strong-Armed
By Larger Firms
Small businesses are waiting longer for commercial customers
to pay their bills, as many big companies continue to hoard
cash to bolster their own working capital. Many small
business owners say they’re seeing payments from larger
firms stretching from 30 days to 60, and even 90 days after
an invoice is issued. The longer wait is taking a toll on
the small businesses, which often have to borrow at costly
rates to fill their cash-flow gaps in between payments.
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See you next week. . .)
IMS Reports Second
International Monetary Systems (ITNM), a worldwide leader in
business-to-business barter services, has filed its second quarter
report on Form 10-Q.
Revenue increased 5.5% in the first two quarters of 2012, compared
to the same period in 2011.
Income from operations increased to $213,273 in the first half of
2012 compared to an operating loss of $(39,925) in the first half of
company has completed the sale of two franchise territories during
the year. They are not expected to have a material affect on the
results of operations for the next twelve months.
Return To Shareholders
During the six months ended June 30, 2012, 793,351 shares of IMS
stock have been repurchased under its stock buyback plan and stock
During the quarter ended June 30, 2012, IMS generated revenues of
$3,390,078, an increase of $56,939 or 1.7 %, compared to the second
quarter of 2011.
Operating expenses in the quarter were $3,188,978, an increase of
$38,251 or 1.2%, compared to the second quarter of 2011. This
expansion is primarily due to increased employee costs, including
staff costs in offices acquired in 2011, higher variable
compensation tied to higher revenue, and expansion of the company’s
generated operating income of $201,100 for the second quarter,
compared to $182,412 in 2011. After adjusting for interest and
income taxes, the net income for the quarter was $98,647 compared to
net income of $77,196 in the second quarter of 2011. Interest
expense has increased as the company services the increased debt
load taken on strategically to fund the stock buyback program
expanded in 2011.
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
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.
your barter company’s listing up-to-date?
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:
make changes to your listing
Announces Social Media Presence
ITEX Corporation (OTCBB:ITEX) has announced its presence on five of
the leading social media web sites, including Facebook, YouTube,
LinkedIn, Google+ and Twitter.
are very excited to leverage the power of social media to create and
enhance relationships with and for our members. ITEX has taken a
lead position in creating a world class social media presence,
designed to both engage our current members as well as to attract
new ones to our Trading Community,” stated Steven White, CEO.
“(Interested parties can) stay current on our activity, events and
updates, by following us on any of our new sites. We are easy to
search for; just type in (the word) ITEX at each social site or
visit our homepage at
for direct links. We will be rolling out exciting content that no
one will want to miss!”
This is the internet’s largest channel for reaching small business
owners aligned with specific interests that are expressed through
their Likes and Friends. The ITEX Facebook page is “member centric”
in that posted content is intended to enlighten readers why being a
member of ITEX is such an amazing opportunity as well as to share
Because it is a great way to send out snippets of information,
promotions or unique tidbits, Twitter helps to engage ITEX members.
The company is dedicated to making its Tweets useful, on a regular
basis, and fun!
This is a great channel for distributing video content that
expresses the value of ITEX, including its brokers and its members.
YouTube is particularly suited for in-depth tutorials and case
studies on business successes via the ITEX Trading Community.
Google+ is presently regarded as the “new” Facebook. The ITEX
Corporation is excited about the potential of this powerful
LinkedIn provides business professionals a space to promote
themselves and maintain their career network. ITEX’s LinkedIn page
currently has 445 followers and growing! Moving forward, content
will derive from Trading Community news and events.
more information on ITEX
Money-Making Reports Available From BarterNews
Dealing With Employee
Explain the company’s
absentee policy in full to all employees, and provide them with a
Have a special notebook
that you only use to record daily employee attendance records.
Observe which employees are late, which come early, and which are
absent. Keep a record of the reasons.
If you have problem
employees, meet with them in private to discuss it, and help them
find a solution.
4) Follow up.
If the behavior occurs
again, conduct another private meeting to find out why.
5) Take corrective
If the employee behavior
continues, start the corrective process — verbal warning, written
warning, suspension, and termination.
How To Get More Sales In
Our street-smart restaurant
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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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