Now is the perfect time to start and run your own barter exchange… let me explain why.
- Lines of Credit – What does this have to do with a barter exchange? To the bold barter exchange owner, his business of barter can assist businesses and individuals in ways banks and the community can’t, namely in giving interest free lines of credit. When is the last time you borrowed money from a bank that was willing to give you a permanent 0% interest rate on a credit line? Businesses still need financing for expansion, just like in boom times, but right now banks aren’t lending much and if they were, you’d still need amazing credit, an 800 FICO score, and referrals from the governor and your local senator to get a loan. In a barter exchange, you get to decide who does and does not qualify for a loan, and you get to see the improvement in business and celebrate along side a new loyal customer.
- Take advantage of the down market – Sites like Craigslist and U-Exchange have seen a huge upswing in the number of postings in their barter sections. If you are the one to start a barter trade exchange, you are going to be entering a very undeveloped market. Doing direct trades on sites like Craigslist and U-Exchange are difficult. Using a barter exchange is easy. All businesses want to conquer new markets. With your help as their barter broker, you’ll guide them to make new sales and make purchases that will help them succeed.
- Take advantage of the current interest in barter – Like I said before, cash is tight. Thousands of businesses are turning to any other system besides cash to be able to continue to do business. Your barter exchange, if you start one, can be a vehicle to attract the businesses that are looking for somewhere to barter, and there are thousands of them.
- Take advantage of an under developed industry – Currently there are less than 500 barter exchanges in operation in the United States. Those exchanges are only doing business with less than 1% of the businesses in the US, combined. Clearly this is a growth industry. Your local area may have an exchange in it already, but they are probably only doing business with a couple of hundred businesses in the area, at most, so there is always room for more barter exchanges.
If you want more information about how you can start your own barter exchange, click the link at the top and get our free program.