BARTER: The cashless exchange of goods or services for other goods or services.
Before there was “CASH” people bartered with one another. It is the oldest form of currency. This is a practice still utilized today. Some issues with bartering is finding someone willing to barter, that person may not want what you have, or there is an unequal value in the trade. Who gets the better end of the deal? Thus, the value of a trade or barter exchange!
Organized barter Exchanges began back in the early 1900’s, when there was a shortage of cash. It all started with a doctor, carpenter, and a store owner. The carpenter could not pay his bill to the store, yet still had great need.
The doctor heard his story and asked if he would come do construction at his home. In exchange, the doctor would pay the bill the carpenter owed the store. And that was the birth of organized barter/trade exchange!
Cash is King! So we say “keep as much as you can”. Every business has unsold time, appointments, inventory, skills, even stuff, that can be used to get what you want or need without using your cash. A trade exchange like Trade Partner Exchange (TradeX) gives you access to hundreds of businesses willing to help you do just that. Another form of currency! The value of your unsold product or service just became your currency to buy from or sell to multiple businesses without using your cash.
TradeX removes the need for 1-on-1 bartering and gives you options to use your new Trade Dollar currency with hundreds of local members, as well as, over 2000 in our affiliate network. Just like your “CASH” bank, you do not have to purchase from the person who spends with you! You sell your product or service to a customer, you make a deposit, and you take those “CREDITS” and go to another merchant that accepts that currency.
The IRS recognizes Trade Dollars as Legal Tender since Trade Partner Exchange is a 3rd party record keeper of trade transactions… just like your local bank.
Preserve Cash! Win customers over from competitors! Maximize trade/barter. Trade Partner Exchange… a smart choice!