Barter or Trade exchanges today have changed. Sure people still barter in day today purchases for better prices and so they should but as far as a bartering in business is concerned when using barter exchanges that use a bartercard type credit card that has changed!

Trade exchanges are just like any credit card today as in you can buy products and services just like any other credit card. Only bartercards don’t charge interest on the credit lines. Sure currently you can’t use a bartercard credit card everywhere but can you use Amex everywhere  or a BP petrol card at Caltex service station  or for that matter  David Jones card at Woollies. No

Then you have to ask yourself when was the last time your current credit card sent you business to help pay back the line of credit used. In short, standard credit cards charge interest on the lines of credit used and charge just to use the card as a merchant. Trade exchanges don’t!

Governments today treat a barter dollar or trade dollar as normal currency therefore normal taxes apply as it would when using cash. The reason the governments now treat trade currency the same, is that have realized the benefit of using the barter system as it stands today.

The barter system is now another tool that business owners of today are realising is a must have, this will allow them to not only grow and sustain their business but it now gives them other options and the ability to move end of line or idle stock at retail price, not discounted give away prices’!

As a business owner I recommend every business have a close look at a barter system near you and if you’re in Australia have a close look BBX by far the best operating exchange in Australia