By Michael Sheppard, BizX Account Executive Just like any business purchase, making a barter purchase requires planning and strategy in order to get the most out of the barter network as possible. Having open lines of communication with your Account Executive and letting them know everything that is going on in your business and everything [...]
Uncollected debts are a stressor for many businesses. Companies depend on prompt collection of accounts receivable in order to maintain a successful business. But most companies expect there will eventually be uncollected debts that need to be written off. Uncollected debts affect the company’s bottom line and considerable action should be taken to collect these [...]
By Dino Mora, BizX Account Executive Purchasing advertising and marketing with barter is a savvy business decision. By purchasing marketing services, collateral and advertising space with barter, companies can save cash on their marketing budgets while generating new cash sales. The following example of a marketing purchase through a business barter exchange is one example [...]
Company or personal moves are a time-consuming and expensive task. Reasons for a company move or a personal move can vary greatly, from needing more space, needing less space or needing more amenities. But regardless, moving for any reason requires a lot of planning and often a lot of cash. Anyone who has ever had a personal [...]
By Heather Popa, Account Executive I love when members are able to take full advantage of the network and use barter as a part of their continuous business model. A locally renowned wine bar was looking to save cash to increase their bottom line, so they incorporated BizX into the business and found ways to [...]
This article was originally featured in the Entrepreneurs’ Organization Finance issue of their monthly magazine, Octane. See the original article and the rest of the publication here. By Bob Bagga If your business has underutilized capacity or inventory, a smart bartering strategy can help drive top-line growth and increase cash flow. I am proud to [...]
Finding leads to grow a business is often a daunting and time consuming task. Leads can be generated through marketing, advertising and PR initiatives, but prospects have to see and react to these campaigns. Many sales leads can be generated through cold-calling, but this requires a lot of time with a relatively low success rate. [...]
Some form of advertising is required by every business. Radio advertising is one of the most effective forms of advertising and when spots are purchased through a business trade exchange the same ad space can be purchased with minimal cash outlay. More than 90% of all consumers aged 12 and older listen to the radio [...]
We found an interesting fact on Barter News Weekly’s post Hospitality Industry Needs Barter Now More than Ever. According to HotelIndustryTrends.com, hotel room revenue fell 14 percent in 2009, across the world. This statistic was not surprising given the current state of the economy, but obviously not what hoteliers want to hear. These types of [...]
