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December 2, 2014

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer... 12/02/2014

NATE's 31st Annual Convention Scheduled For Las Vegas
 
The most popular venue for barter conventions (for both of the commercial trade associations) is Las Vegas; attendance figures over the years substantiate this statement.
 
The NATE Board of Directors has announced that their 2015 annual convention will convene May 3 thru 5, the iconic Golden Nugget in Las Vegas. More information will be forthcoming, but mark your calendars now for these dates.
 
Bartering On Craigslist
 
Like to trade direct locally? There's several ways to generate and grow your list of potential trading partners by consulting the Craigslist barter category. Here's a link to quickly learn the six steps you'll want to follow for exploring and engineering your deals:  www.BarterFanatic.com.

All back issues of "From the Desk..." can be accessed by clicking here.

(Please feel free to forward our newsletter to your friends and colleagues. We have a "box" at the end of the newsletter for your convenience. See you next week...)


NATE 4TH QUARTER SPECIAL
Pump Up Your Trade Exchange - Click here


Time To Take Action On Profitable Year End Strategies

At year-end it is important to review the many facets of your business in order to ensure year-end profitability, recognize tax concerns, and plan for the new year ahead.
 
Keep in mind that barter revenues are taxable in the year they are earned. For your convenience we have listed several ways in which barter might be used for business expenses this past year. (Be sure to consult with your tax accountant.)
 
Client gifts
From fruit baskets, nuts and candies, to wreaths and holiday floral arrangements, it's the perfect way to thank your clients for their patronage.
 
Employee bonuses
Utilize barter to reward hard-working employees. Give them gifts purchased with trade dollars, or holiday bonuses where the assignment of trade dollars can be used at their discretion.
 
Company party
From banquet halls and catering services to decorations, barter will enable you to host an event that is both enjoyable and affordable.
 
Entertainment scrip
Give the gift that everyone will enjoy, scrip that is redeemable at restaurants and hotels in your area.
 
Charitable contributions
Barter income is taxable in the year it is earned. You might consider making a tax-deductible contribution of trade dollars to non-profit organizations that will accept your trade dollar donation. You may also designate a charitable group of your choice, and ask your trade broker to establish an account for them.


BarterNews.com — World's Largest Depository Of Barter Information

Hundreds of valuable articles, techniques, and strategies are found in the following various barter categories:


(The Barter Categories are found on the horizontal bar at the top - 3rd button from right.)

Money-Making Reports Available From BarterNews


Statistics Prove Bartering Efforts Valuable During Holidays

  • 69% of small businesses will give gifts to customers and clients.
  • 53% of small businesses will host employee holiday parties.51% of small businesses will give year-end bonuses.

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.


For Greater Profits Establish Solid Relationships With Your Barter Suppliers

Good suppliers, like good customers, can last a lifetime. But like good customers they involve a relationship, not just a series of transactions. Relationships are valuable — they require constant monitoring, feedback, communications and fine-tuning.
 
In the past few years, the trend toward cutting down on the number of suppliers has been accelerating. But the fewer the suppliers you work with, the more important the remaining ones become. What's important when dealing with suppliers — whether on cash or a trade basis — are ones you can trust.
 
To select suppliers intelligently, you must have a clear understanding of your own goals. Know what your standards are for price, quality, reliability, and the need for peak performance at crunch times. Not only do you need to trust your suppliers, but you also need suppliers who trust you. So try to understand as much about their operations as you do about your own.

  • Do you know your suppliers’ top management people?

  • Do they have depth in talent and experience?

  • Are they stable, or are they susceptible to turnover?

  • Is their vision of the future secure, or are they in flux — waiting to be sold?

Your suppliers must not only be able to perform today, but in the foreseeable future. Ask yourself if they have the capacity to grow with you, both in volume and in technological capability.



* * ANNOUNCEMENT * *

We have packages of back issues still in print, approximately 30 issues in all.
To order: Click here


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How Do You See Yourself?

Most entrepreneurial business owners see their "business personalities" in distinct terms, according to the latest survey by Open Small Business Network, American Express Company's small-business unit.
 
When asked to choose, 34% of the owners in the survey characterized themselves as managers, or big picture people, who like making things run smoothly and improving how employees work together. They enjoy the operational part of the business.
 
Second, at 27%, came what the poll labeled the heroes, or those who take to solving the difficult problems facing a company. Next, at 16%, were the rainmakers who find new business, while 11% of the owners see themselves as artists, more involved in creating products than running the business
 
Only 4% of those surveyed would characterize themselves as mavericks, or risk-takers, those who sometimes take up projects for the sense of adventure alone.

Owners were also asked what their No.1 pet-peeve was regarding employees. Although the largest percentage (35%) didn’t have any one pet peeve, for those who did, showing up late for work and lack of initiative were at the top of the list.


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 2014. Redistribution of BarterNews content expressly prohibited without the prior written permission of BarterNews.
 

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