Join Nubarter today!

Archive for the ‘Uncategorized’ Category

NuBarter Barter & Trade Exchange Boca, Delray, and Deerfield at BackStreet Grille Boca Raton

Tuesday, June 29th, 2010

NuBarter Sarasota-Bradenton After Hours 6/23/2010

Tuesday, June 29th, 2010

NuBarter Member, Tonia of Diva Dogs’ gives Testimonial

Thursday, May 20th, 2010

I’m Tonia – Owner of Diva Dogs, pet groomer on Habersham and 48th.

I’ve been a member of NuBarter since July 30, 2009.  I met Jacquie the second day I was open.  I didn’t yet have business cards and there were no customers in the salon.  Jacquie told me about NuBarter and I joined that week.  I’m sure glad I did because:

NuBarter has sent me 15 new repeat customers since I joined.  These are customers that would not have come to me if I was not a NuBarter member.

With the trade revenue I received, I went to a chiropractor, Dr. Domanski, that I absolutely love, I got a massage, a tune-up on my car, ate at Sweet Potatoes and Juarez, had my hair done at Hair Bar, took my kids on a Ghost tour and  bought candy at Savannah Sweets.

NuBarter gives me a wide exposure and free advertising online where I can put out special offers to attract new customers.

I love NuBarter and would recommend joining to anyone who wants their business to grow!!!

Nubarter is Officially Accepted Here!

Thursday, May 20th, 2010

NuBarter a Twist to an Old Idea

Wednesday, May 19th, 2010

Gary Field of NuBarter wins Small Business of the Year-Savannahnow.com

Sunday, May 16th, 2010

Small Business Chamber honors standouts at Savannah hotel

Small Business Chamber honors standouts at Avia hotel

Posted: May 14, 2010 – 12:18am

The Small Business Chamber recognized, from left, Lynn Fairbanks of WJCL/Fox 28 The Coastal Source.com; Jacquie Stein, accepting for Gary Field of NuBarter; Alice Jean, accepting for Kathy Sliz of Decorating Den Interiors; and Lisa Scarbrough of Coastal Pet Rescue. (Carl Elmore/Savannah Morning News)

ADVERTISEMENT

By Arlinda Smith Broady

Anyone can host an awards dinner in a hotel banquet hall, but when you’re used to doing things a little differently, why not throw a rooftop soiree instead?

It’s that kind of thinking that prompted the Small Business Chamber to have its first annual awards ceremony by the pool on the terrace at the Avia hotel.

“We didn’t want to do just another banquet,” said board member Carol Kirchner, owner of Smart Feet. “This is so much more conducive to networking and getting to know people.”

Guests enjoyed nontraditional banquet fare such as Asian-flavored chicken wings and pulled-pork sliders while taking in the late spring evening breeze.

But when it came to announcing the winners, the anticipation and excitement were just as evident as at any other awards ceremony.

– Small Business of the Year: Gary Field of NuBarter

– New and Emerging Small Business of the Year: Kathy Sliz, Interiors by Decorating Den

– Janice Gantt Memorial Small Business Champion of the Year: Lynn Fairbanks, WJCL/Fox28/The Coastal Source.com

– WJCL/Fox28/The Coastal Source.com Community Advocate of the Year: Lisa Scarbrough, Coastal Pet Rescue

The event was the last duty as president for Marcia Stinson, owner of Comfort Keepers. As she passed the reins to incoming president Jamey Espina, community liaison for Hospice Savannah, she thanked the members for their support.

“Thank you for placing your confidence in me,” she said as the partying recommenced.

NuBarter-Sarasota Sponsors Putting Contest for Venice Chamber

Wednesday, May 12th, 2010

The Venice Area Chamber of Commerce 13th Annual Golf Challenge was held at Pelican Point Country Club on Friday April 30th.  For the second year, NuBarter sponsored a putting contest and donated a two-night getaway for two (purchased with barter $ of course!) as the prize.  Golfers paid $10 to enter, with all proceeds going to the chamber.  This year the prize was 2 nights, including breakfast, at the Main Street Inn & Spa, Hilton Head Island.   Dinner for two at Island Bistro and a round of golf for two at Island West Golf Course.

The contest was scheduled to finish prior to the tournament shotgun start at 1pm., but we had so many contestants that we ended up staying all afternoon to accommodate everyone!  We had a lot of fun, a bit too much sun, but a great day.  In the picture are the Sarasota-Bradenton Area NuBarter team, and NuBarter’s National Sales Manager, Noreen Foley.

From left to right: Kevin Daly, Noreen Foley, Caroline Gosnell and Michael Feehley.

NuBarter is in the Top Five Finalists in the Forbes Boost Your Business Contest

Thursday, May 6th, 2010

FINALISTS

Gary FieldNuBarter, Inc.

Gary Field, President

Savannah, GA

http://www.nubarter.com

Executive Summary

NuBarter, “A new Twist on an Old Idea,” provides both individuals and companies with the ability to successfully buy and sell goods and services using trade credits. Established September 2006, NuBarter is on course to become one of the largest and most successful barter companies in the United States within the next 24 months. Members enjoy access to NuBarter’s online exchange listings and their local trade brokers to quickly solve their business or personal needs.

No Cash, No Problem. NuBarter has really reinvented an ancient custom in the Internet age, allowing businesses to utilize their excess capacity to barter products and services and greatly reduce their capital outlay from essential staples to desired luxuries.

We provide our customers with a trading platform and bookkeeping system allowing them to easily find and trade for the goods and services they need or desire.

NuBarter provides an alternative form of currency, allowing members access to credit otherwise not available in the market.

Through the combined efforts of exchanges like NuBarter that comprise the modern trade and barter industry, we are saving existing jobs and creating additional employment by lending credits to small and medium-size businesses. These loans provide significant capital for business that have lent to growth of the economy and added employment.

Value Proposition

Quite dramatically, NuBarter’s member companies are able to increase their business by 10% to 20% by embracing the barter process.

NuBarter itself is able to generate significant profits from members who pay a minimal 10% cash transactional charge when they make a barter purchase. NuBarter members also pay an initial membership fee of $395, and a recurring $15 monthly maintenance fee to maintain their membership status.

Our profit potential and growth is also driven by selling geographically based sales territories. These licensees manage and develop our new territories allowing corporate to focus on finding investors for additional new territories.

NuBarter is able to deliver to our customers unsurpassed customer service and a quality, efficient barter transaction. Our key focus on customer relations drives us to determine, through our sales representatives and licensees, our customers’ needs and desires, and act on them diligently, meeting and exceeding their expectations. NuBarter also has a core focus on technology as an enabler and delivers its services utilizing the latest in bartering Web site technology.

Size of the Potential Market

NuBarter’s goal, to help companies worldwide to operate at full capacity, allows us to compete in the $65 billion Worldwide Barter Industry. NuBarter’s potential marketplace is virtually unlimited with the worldwide GDP of $69.49 trillion. NuBarter has the opportunity to become a major influence in the world economy.

Bartering share of the total world market is increasing daily, as the true facilitator, the Internet, allows customers around the world the opportunity to use their excess capacity as a viable alternative to hard-to-find credit.

Competitive Summary

Our two key competitors are:

ITEX, the Membership Trading Community.

  • A leading nationwide bartering network across the U.S. and Canada.
  • Publicly traded company, based in Bellevue, Wash.
  • Over 24,000 bartering business members.
  • City-based franchise barter brokers in Alabama, Arizona, British Columbia, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, Montana, North Carolina, New Jersey, New Mexico, Nevada, New York, Ohio, Ontario, Oregon, Pennsylvania, Quebec, Tennessee, Texas, Utah, Virginia and Washington.
  • Retail and corporate barter.

International Monetary Systems (IMS)

  • Large full-service, membership-based trading network in business for 25 years.
  • Publicly traded company based in New Berlin, Wis.
  • Over 17,000 bartering business members.
  • Alaska, California, Colorado, Connecticut, Hawaii, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Nevada, New York, Ohio, Tennessee, Wisconsin.
  • Retail and corporate barter.

While NuBarter’s key focus is on delivering a high level of quality service to its own customers that will guarantee their repeat business, due to the nature of the industry, NuBarter also focuses on collaborating with its competitors through the structure and rigor of the International Reciprocal Trade Association (IRTA). This allows us to deliver to our customers a universal method to barter products and services across other companies’ barter networks.

Delivering Prize Impact

Our plan to use the Forbes “Boost Your Business 2009″ contest prize money is to expand our barter network into key target markets. We have carefully targeted key markets where we have identified ease of entry and high compatibility with our existing territories.

Our new key target markets are:
1. Atlanta and its suburbs.
2. Jacksonville, Fla., and its suburbs.
3. Tampa and St. Petersburg, Fla., and their suburbs.

In each of these markets, we are going to actively seek quality-driven individuals to license our new territories, and combine this with a targeted campaign to raise market awareness of our services in these geographical areas.

Our market awareness efforts will focus on:
1. Industry exhibitions, local business conventions and franchise trade shows.
2. Newly enhanced customer and prospect training and education processes.
3. Targeted online marketing and coordinated print marketing campaigns.

We will also improve customer experience and competitive advantage by implementing trade credit cards, which will allow our members to quickly process secure transactions using “swipe and go” technology among participating barter businesses.

NuBarter Savannah After Hours Crystal Beer Parlor 03/23/2010

Friday, April 30th, 2010

Powered by Cincopa WordPress pluginAnother great product from Cincopa Send Files. Cincopa video hosting solution for your website.

Risks Involved in Direct Bartering by Neha Gupta

Tuesday, March 16th, 2010

Like every business transaction barter exchange too has some risks involved with it. Before entering barter deals it’s important to analyze the risks involved along with the benefits for both parties.

Imbalance in trade: there is a possibility of imbalance between what you trade and what you get in exchange. As different products and services have different value units. Also, it is very difficult to measure value of services rendered. For example, one hour of plumbing work is not equal in value to one hour of secretarial or accounting work. Hence, absence of common measure of value or a medium of exchange can lead to imbalances in barter. Therefore, using a well established bartering system or network helps you minimize this risk. The values of the goods and services being bartered are determined by these organizations.

Problem of fraud: imagine you trade with a man to handle his tax books for a financial year and at the end of the year he will give your home a maker over in interiors. You did the work for him throughout the year but when the time came for him to fulfill his end of the trade he backed away. What will you do? Hence, to avoid such risks it becomes necessary to check the credentials of your barter partner. Also, always consider the need for a written contract underlining the terms of the barter contract.

Force majeure: these are referred to those major events which are always recognized as events of force and can arise from several causes, the two most common being either “acts of God or nature” like floods, earthquakes, hurricanes, snowstorms, severe winds, etc. or acts of government” like war, emergency, riots etc. In these situations, you might not be able to complete a barter contract and this in turn might lead to breech of contract. So for managing these risks insurance is important.

Terms and conditions: before entering a barter network go through its policies and procedures. Ensure that you are aware of its working. Before joining the club, ask about the policy regarding members who quit when they have a surplus of units. At one club, the management would give us one year in which to spend them.

Prepare for taxes, barter is not tax exempt: Many times people think that as they are bartering they are not liable to taxation. That is not the case. Bartering dollars are exactly the same as real dollars. Earn a dollar in a bartering system, and you’ll still have to pay taxes on that money in real dollars later. Plan accordingly! Otherwise you might become a tax defaulter.

Bartering can be a great way to market your business and gain new clients and trade for services you need for your business. However, there are pitfalls. Plan ahead, avoid the risks.

Brought to you by Neha Gupta
Marketing Department
Ormita Australia Limited
http://www.ormita.com.au