Written by Bob Meyer, Editor of BarterNews

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(The following was provided to us by Bartercard.)

Bartercard Buys Entertainment Book

By Beckie Wright

Highlights:
 
→ BPS to acquire Entertainment Publications Australia and New Zealand, a leading business-to-consumer deals platform which produces the Entertainment Book and the Entertainment Digital Membership
 
→ Acquisition set to boost BPS' growth profile with FY17E pro forma revenue growth of 118% and FY17E pro forma EBITDA growth of 49%. Significant future growth potential with the combined BPS group benefiting from a network of 36,000 SMEs, 18,000 NFPs and 550,000 paying customers ("Members")
 
→ BPS successfully completes institutional placement, raising $27.5 million to fund the Entertainment acquisition and to provide growth/working capital
 
→ Institutional placement was significantly oversubscribed with strong demand received from institutional and sophisticated investors
 
→ All eligible BPS shareholders invited to participate in a non-underwritten Share Purchase Plan at the same price as the placement ($0.94 per share)
 
About BPS Technology Limited (ASX: BPS):
BPS Technology Limited is a leading provider of technology platforms and management systems in the Digital Payments space for Small to Medium Businesses (SMBs) in eight countries. Its technology platforms and systems help to drive customers to its SMB merchants. More than 24,000 SMBs transact in excess of 1.8m transactions worth $600m+ per annum using its various technology platforms. BPS earns fees on all transactions over the platforms via its subsidiaries Bartercard Bartercard, TESS and bucqi.
 
About Entertainment: 
Entertainment Publications is a business-to-consumer deals platform with an established model proven over 21 years of profitable operations. Entertainment provides restaurant and activity guides with special offers from more than 12,000 SMEs to consumers across Australia and New Zealand.
 
About Bartercard:
Bartercard operates the world’s largest trade exchange. It allows small to medium businesses to conduct business transactions without the use of cash. There are 50,000+ card holders in 8 countries currently. Transactions can be conducted online, via its mobile app, across more than 7,000 bank terminals and on bucqi terminals.
 
About bucqi:
Bucqi is a disruptive technology based around a loyalty platform designed for SMBs combined with a robust and innovative mobile payment app for both merchants and consumers. The payments platform has been two years in the making and has a number of patents pending. It allows consumers to easily pay for goods and services without taking out their wallet or swiping their credit card; they earn and redeem reward points via a wide range of participating suppliers. It has been launched in three regional cities in Queensland Australia and Wellington in New Zealand.

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(The Barter Categories are found on the horizontal bar at the top - 3rd button from right.) Build Your Wealth Using Barter While sad, but true, many people in the U.S. will earn over $1 million during their lifetime yet will have nothing to show for their efforts at retirement. Obviously the time to plan for the future is now, because no one wants to take a severe pay-cut when they retire.   One way to get an investment program going is to add one more debt to your stack of bills each month. Begin by writing a check to your savings account, or add a little money regularly to a money market fund.   Another way is through your trade exchange. As a trade exchange member, you can utilize the many investor services (for personal and professional use) of the accountants, attorneys, financial consultants, bookkeeping and tax services, estate planners, real estate brokers and others whenever you are building your wealth.   Then, by using your products or services as a medium of exchange, begin acquiring some of the investment opportunities available on barter — such as: Antiques Artwork Coins Real estate Collectibles 144 stock In order to make the most of your investment funds you will want to be conservative in the choices you make, so that you have a solid growth potential. Money-Making Reports Available From BarterNews/span> Think Barter & Grow Richer. (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. * * ANNOUNCEMENT * * We have packages of back issues still in print, approximately 30 issues in all. To order: Click here How To Get Maximum Deduction On Business Gifts Using trade dollars to secure business gifts certainly makes sense. After all, they build goodwill and valuable name recognition, which ultimately converts into increased sales. These gifts are tax-deductible too, so long as they're business related.   There is one catch however — the deduction for gifts is limited to $25 per year, for each recipient. Anything above that amount may not be deducted. Twenty-five dollars doesn't go very far these days, so the key to obtaining maximum deductions for business gifts is to choose, whenever practical, another category for the gift.   When possible expense your gifts as "entertainment" or "advertising," since these categories have no ceiling for legitimate deductions. Many giveaways legally fall into the advertising category. Such items include door prizes, handout and direct mail samples, awards for subscription sales, uniforms for a baseball team, and contest prizes.   If prizes or awards were given to employees, however, they usually would be tax-deductible as "compensation" expenses. And employee bonuses are almost uniformly considered to be compensation, regardless of whether they are incentive or seasonal. (For more specific information on this topic consult with your CPA.) (Advertisement)/span> How To Get More Sales In Hyper-Competitive Restaurant Industry Our street-smart restaurant marketing report shows proven ways to rapidly boost your restaurant's sales & profits. More--> 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. We welcome your comments, questions, and observations. Copyright BarterNews 2016. Redistribution of BarterNews content expressly prohibited without the prior written permission of BarterNews.