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Member Services |
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Hotel / Travel |
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Barter Store |
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Information |
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Genesis Economic Development, FAQ |
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 | Benifits of Barter |
| | Q | What are the benefits of Bartering? |
| | A | Bartering helps you conserve your cash. You purchasing the goods and services your company needs with Trade Dollars earned buy selling excess time and inventory, instead of cash. You can trade what you have too much of for the things you don't have enough of. You can also use Trade Dollars as welcome employee bonuses or supplements to regular salaries. And you may even be able to use Trade Dollars to pay bills, negotiate purchases with non-member companies, or clear up past-due accounts receivable.
Barter or trade is a powerful tool that represents a solution for companies with available inventory or services. By accepting payment in trade dollars instead of cash, a business maximizes their efficiency by increasing inventory turnover or billable hours. Using the trade dollars earned, that company can purchase goods or services they want with trade dollars earned |
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