Ask Bartercard Talk Trade Dollars

One question Ask Bartercard are often asked is, “Where can I spend my Bartercard dollars?” Trade dollars are like real cash. One trade dollar is equivalent to one New Zealand dollar. And there is no difference between cash and trade dollars when it comes to recording sales as income or purchases as an expense or asset. Trade dollars are exchanged between members to pay for goods and services. Let’s say, for example, you need to buy something for your business; you can use your trade dollars to pay for it when transacting with other members in the Bartercard community.

Trade dollars can benefit your business in numerous ways. Beyond the simple concept of exchanging good and services, Bartercard takes the barter system a notch higher by employing technology to provide businesses access to an expansive network of like-minded businesses. This allows businesses to exchange products and services and increase business sales by up to 10% within the first 12 months of being a member. Together with the help of experienced Account Specialists, Bartercard makes sure your business’ excess stock and downtime translate into increased sales.

This is the core of what Bartercard does. It delivers new customers to fill your business’ spare capacity. As a business transacting with trade dollars, you may wonder what ways you can maximise your use of them. The trade dollars you earn, on the other hand, can be used in a variety of ways. You could benefit from the services of other members, such as catering services, computer repairs, carpet cleaning, hotel bookings, and so much more. All of these also expand your network, and keep your cash stashed in the bank.

Bartercard provides plenty of opportunities for business to business networking. You can tap new markets, expand your network, reward your staff, and make sound financial investments without touching your cash bank, so to find out more about business networking please go to http://askbartercard.co.nz .