Start a Barter Exchange
In the United States barter is a $6 billion industry. The majority of this business is done through local area barter exchanges scattered throughout the country.
Barter allows businesses to buy the goods and services they need - without spending cash. In a barter exchange the business members buy what they need and pay for it with what they have. The barter exchange is the third-party record keeper. The exchange helps the transactions to happen and creates a currency system so that trades do not have to be direct or one-to-one.
Bartering allows a business to make purchases it would otherwise not have been able to make if the business had to spend cash. If your company has excess inventory, extra time, space or services, barter is an excellent way to move those goods or services. Barter brings new customers and additional income that can be spent with other barter members to conserve cash.
A Barter Exchange serves as third-party record keeper - like a bank. Barter exchanges use a currency called barter or trade dollars. Businesses buy and sell in the network using barter or trade dollars.
In today’s economic climate, owning a barter exchange is a business that thrives because businesses still need goods and services - they just don’t have the cash available to purchase them.
By owning a barter exchange, you can build an excellent business while helping others survive and even thrive during these tough times.
BCL Soft, creators of Barter21 Exchange Software have created a system to help you get started as a barter exchange. We have features that allow you to pick and choose how much training you want.
As a new exchange, your set-up fee includes a new member manual for your exchange members and a training manual for you and your brokers. In addition you will have access to:
- Marketing materials
- Website training
- Phone support for basic questions
You can also choose additional, in-depth training with one of the industry’s premier trainers. All coaching is done on the phone, so there is no expensive travel. Your training will include -
- Details about how the barter economy works
- Get more trading between your members
- Follow-up and follow through
- Learn how to sign up new members
- Instruction on how to operate and manage a barter exchange.