Cash conversion using barter
If you’ve mastered the art of barter, then you’ll understand the principles of “cash conversion”. Barter trading is all about creating wealth through the exchange of goods and services without …
Pay creditors using barter
Essentially, barter is the exchange of goods and services between two or more participants with the absence of money. Therefore it makes good sense to offer to pay all or …
Debt recovery using barter
Sometimes collecting cash for an overdue account can be a bit like extracting hens teeth. However, strategically applying some barter techniques and working proactively with the debtor can help to …
Barter transactions & taxation
Barter transactions are assessable and deductible for income tax purposes to the same extent as other cash or credit transactions. When an entity that is a member of a trade …
Recording barter transactions
Members of trade exchanges must keep records that record and explain all business transactions and other acts they engage in that are relevant to a particular sale importation, purchase, dealing …
Winning cash contracts
Business is becoming more and more competitive, especially in the global economy. Using barter, a business could be in a position to offer part payment in the form of goods …
Reward your employees using barter
Regardless of wages and salaries, every employee likes to feel appreciated. Bartering goods and services is a great way to share the love in an organisation and reward employees for …