Barter or trade is an excellent solution for companies with available inventory or services. By accepting payment in trade dollars instead of cash, a business maximizes efficiency by increasing inventory turnover or billable hours. Using trade dollars earned, that company could purchase goods or services they need- without paying cash.
Barter Increases Sales
BBU markets your company to hundreds of local businesses and thousands, nationally. These are potential customers, over and above your daily cash-paying customers. Your company will enjoy additional sales to highly motivated buyers looking for barter opportunities from within the trade network. Businesses pay for their purchases through the additional sales of their own product or service within the trade network.
Barter Means Added Profits
Barter provides new customers, which mean more sales and increased profits. Sellers in a trade network make barter sales that are in addition to their cash business; and those increased sales mean added profits.
Barter Saves Cash
Increase cash flow through more sales and lower costs–through barter! Pay for what you need with what you have and help preserve your working capital. When you use barter instead of cash to purchase needed products and services – you reduce your cash costs by paying for them with revenue generated by new barter sales. When you purchase something using BBU Trade Dollars, it will be paid for with new sales … sales that probably would not have happened without BBU.
Barter Moves Excess Inventory
Fills Production Downtime
Uses Idle Overhead
Every business owner faces the challenges of excess inventory, production downtime, and idle overhead. As a member of BBU, turn these to a profitable advantage! We match your product or service with businesses looking to purchase them on trade. It’s a win-win situation!
Barter Provides a Competitive Edge
BBU participants patronize your establishment over the competition, because your BBU affiliation is an incentive to do business with you. Barter attracts new customers to your business, without affecting the existing cash sales already being generated by your company.
Barter Means New Cash Sales
That’s not a misprint – yes, we said cash sales! If you perform a good job for a BBU client, they’ll refer their cash-paying friends, clients, family and associates to you. Growing your business will always be tied directly to referrals from your happy customers. BBU constantly strives to help improve your bottom line overall. When you are more successful, we are more successful.
Barter Makes Record-Keeping Easy
BBU uses state-of-the-art technology to track all of your barter sales and purchases with an easy-to-read, itemized monthly statement. Plus, the Member Website and 24/7 Auto Broker Line are available for transaction processing anytime that you want In a sense, BBU works much like a bank, providing control, record keeping, and administration for your barter activities. With BBU’s convenient clearinghouse concept, there’s no need to keep track of the dollars traded.
Barter Means No Bad Debts
BBU trading takes the hassle out of collections. When you make a barter sale to a BBU client, you call in advance for authorization to verify that your client (the buyer) has the Trade Dollars to pay for their purchase from you. Then, upon order completion or delivery, a simple signed transaction slip submitted to BBU will confirm the transfer of funds. It’s that simple.
Barter Expands Distribution Channels
BBU’s national affiliation with The BANC (Barter Association National Currency) provides a convenient way for local clients to trade with thousands of other businesses nationwide, expanding the possibilities for all involved. It opens the door to a broader range of products and services, as well as a greater marketing platform for your company.
Barter Provides Wholesale Buying Power
With barter, the real cost of the products you purchase on trade is actually the wholesale cost of your trade dollars earned. Making sales with built-in profits makes the cost of your purchases more economical on trade. When you join BBU, you open the door to a new, cash-free way of handling every day business and personal expenses!