Nubarter News, Events, Testimonials, and Media

An excellent expo: Business event brings companies to the community

By Savannah Morning News
Created 2010-07-20 00:18
Linda Sickler
Business was booming at the Pooler Business and Consumer Expo. A large crowd turned out July 15 to see what companies in the area have to offer.

The expo was held at the Mighty Eighth Air Force Museum. Many vendors offered special deals during the expo, and some sponsored giveaways.

“We’ve had a nice, steady stream coming in,” said Karen Robertson of the Pooler Chamber of Commerce. “We even had some early arrivals who were here at 5:15 p.m.”

Robertson said the variety of vendors who participated was particularly thrilling. “It’s fabulous,” she said. “We’re sold out with vendors.

“This is only our second time to do this,” Robertson said. “The chamber did one last year, and there was one five or six years ago.

“As people heard about this one, interest has grown,” she said. “The comment we’re hearing most from vendors is that the numbers are up over last year.”

In all, 23 vendors turned out. “It’s everything from banking, healthcare to spas, real estate, travel, entertainment – a very good variety,” Robertson said.

The expo gave vendors a chance to advertise, and customers an opportunity to find products and services. “We’re talking to everyone about our services,” said Patty Anderson of the GeoVista Credit Union.

“We’re here to educate the public about Hospice Savannah,” said Sarah Copeland, community outreach coordinator for Hospice Savannah. “We cover five counties – Chatham, Effingham, Bryan, Liberty and Long.”

While most people are familiar with Hospice Savannah, they’re not aware of all the services it provides, Copeland said. “People are unfamiliar with Full Circle, which provides bereavement services,” she said. “It is open to anyone who has had a loss.”

Heather Parks of Holiday Inn was surprised at the number of people who came for the expo. “The hotel business is vital to our economy,” she said.

Jacquie Stein is a territory licensee/manager with NuBarter, a Savannah-based online bartering company, whose members trade goods and services for other businesses’ goods and services. NuBarter members barter their goods and services to increase sales, reduce cash expenditures and increase profits.

“We’re the largest trade exchange in the Southeast,” Stein said. “We bring added visibility and revenue to our members.”

Events such as the expo are important for businesspeople and community members to network, Stein said. “Every new contact in worthwhile,” she said. “We are trying to educate businesspeople on the benefits of bartering.”

Sarah Sherman of Savannah Commons Retirement Community said this was her company’s first event in Pooler and an opportunity to show the community what it has to offer. “We’re encouraging everyone to come over and take a look at us,” she said.

Sandy Downs of Beazer Homes is a member of the Pooler chamber. “This is the first time we’ve done this,” she said. “I’m really happy with the way everything is set up here.”

Beazer Homes builds houses that range in price from $130,000 to $180,000 and, despite the tough economy, the company is thriving. “All our homes are built with energy efficiency in mind,” Downs said.

Plans already are under way for another expo next year. “We want it to be bigger and better each year,” Robertson said. “We want our vendors to know they have the perfect opportunity to show people what they have.”

Contact:            Gary Field

FOR IMMEDIATE RELEASE
Tel: 912-233-0808
Cell Phone: 912-631-6808
eMail:  Gary@NuBarter.com

BARTER LEADERS MERGE TO OFFER MORE TRADE OPPORTUNITIES
Barter dollars go farther as NuBarter and Barter Brokers International join forces
(July 2010) Savannah, GA based NuBarter (www.NuBarter.com) and Charleston, SC based Barter Brokers International (www.BarterBrokers.com) announce that they will join forces creating the largest barter marketplace in the Southeast. Barter Brokers International, a 16 year veteran with offices in Mount Pleasant, SC, has a membership base throughout North and South Carolina. NuBarter, based in Savannah GA, has offices across Georgia, Florida, and South Carolina with members totaling over 2000 in a wide variety of industries.

“We are excited to leverage BBI’s longevity in the SC/NC region and look for the integration between the two marketplaces to be complete by early to mid August of this year” said Gary Field, CEO of NuBarter.

As for joining forces with NuBarter, Bill Bailey, President of BBI, is thrilled to be able to extend the NuBarter network to his existing client base.  “Over the past 16 years we have seen tremendous growth in the barter community. Our joint mission is to continue to provide an effective way to increase sales, reduce cash expenditures and increase profits for our members.”

About NuBarter:
Established in 2002, NuBarter assists businesses in attaining new cash customers, increasing cash flow and profitability, reducing cash expenditures and saving companies’ needed cash reserves. Unlike other barter companies, NuBarter monitors the fair market value of goods and services  to avoid potential pitfalls and monitors member accounts to assists in the formation of a barter strategy, including  their goals and objectives, to insure the success of their transactions. NuBarter was the 2009 runner up in Forbes Magazine’s, “Boost Your Business Contest” and the 2010 winner of the Savannah Small Business Chamber’s “Business of the Year”.

About Barter Brokers, International
Founded in 1994, BBI has representation in Charleston, Columbia, Savannah, Hilton Head Island, Myrtle Beach, Greenville, SC and Charlotte, NC. BBI is a well established trade exchange in The Carolinas. BBI helps its member companies enhance their businesses through exchange of products and services instead of making cash disbursements.

# # #

If you would like more information about this topic please call Gary at (912) 233-0808 or email Gary at Gary@NuBarter.com

Published: 28 Aug 2009 01:18:06 PST

Author: Rosalind Resnick

Q: Our sales have been slow for the past three months, and I’m worried that we won‘t have the cash we need to keep our home based catering business afloat. Any ideas?

A: If you don’t have the money to pay your suppliers, ask whether they’ll consider a barter deal instead. Barter, a noncash exchange of goods and services that dates back to the dawn of human existence, has seen a resurgence among cash-strapped small businesses that lack the cash or credit to pay for the supplies, advertising and other products and services they need to survive.

As a catering business that can offer food preparation and hospitality services, your company is in an excellent position to barter with a wide range of vendors–radio stations that sell the ad spots you need to attract new customers, attorneys and accountants who may be willing to swap their professional advice for help throwing parties and creating gift baskets, even a web designer who’s willing to host or update your site. Thanks to the internet, barter deals can be done online through exchanges such as International Monetary Systems and Itex, which promise to help you conserve cash and boost sales by letting members trade their excess inventory at full value to purchase computer equipment, T-shirts, caps, phones, printing services and even restaurant meals.

But barter has its limitations. Just about every landlord still wants his monthly rent in old-fashioned greenbacks–and your local utility probably won’t let you use cupcakes to pay the electric bill. There are also tax consequences to consider. Michael Goldberg, a CPA from Scarsdale, N.Y., who advises small and midsize businesses on tax planning and compliance, says it’s important to remember that barter transactions are considered sales and must be reported to the IRS on your federal tax return.

While it may be possible (though not legal) to barter your services with the company next door and not report it, you can’t get away with it when doing business through barter exchanges on the internet. “Barter clubs credit or debit members’ accounts based on goods and services provided and purchased,” Goldberg says, noting that most club members will get an IRS form 1099-B from the exchange showing the value of the credits to their account.

However, debits to members’ accounts can be tax-deductible if they are spent in connection with a trade or business. “IRS looks closely at barter transactions to confirm that they are reported properly,” Goldberg says. “A standard preliminary question in an IRS audit is whether there have been any barter transactions.”

06.04.2009 – A recent consumer survey revealed that three out of four Americans are planning a vacation trip this year despite the recession. People are modifying their vacations by looking for affordable destinations and by traveling to places that offer a great return on their investments, the poll revealed. NuBarter, a Savannah-based online bartering company becoming increasingly popular in this down economy is offering travelers a better way to enjoy their sizzling vacations – and keep their cash in their pockets. With the dollar doing much better internationally, families can now afford to plan foreign travel on a dime to destinations such as Acapulco, Turkey and other Western European countries.

Happy to paint a picture, Aaron Tillinger, owner of the NuBarter territory in Atlanta says, “We’re in the business of making lives easier. We’re happy to give families the opportunity for a summer of their dreams, in a down economy on barter!” He continues, “Picture this: three or four nights’ accommodations at a swanky international destination, beach chairs under the shade of umbrellas, memorable meals at an area restaurant with drinks included and a memory card full of decadent moments – most of it on barter.”

With over 1500 members, NuBarter offers global travel deals to exclusive resorts and hotels for families planning sensational vacations even in a recession. Studies show, bartering activity, a transaction that involves trading goods and services without exchanging money, rises dramatically during economic downturns. The worldwide organized barter exchange and trade industry has grown to a $16 billion a year industry and is used by thousands of businesses and individuals. NuBarter as a whole did just under $3 million in 2008 with expected revenue at $4 million this year.

Some destinations NuBarter members in the Atlanta area are enjoying are:
Bridge Hotel, Boca Raton, FL
California’s Mendocino Coast at Stevenswood Spa Resort
Vail Valley, Colorado
Corinthia Luxury Hotels, Turkey
The Buccaneer, St. Croix, US Virgin Islands
Rixos Hotels, Turkey
Waikiki and Maui Islands, Hawaii
Manzanillo, Mexico

Other international destinations include: Istanbul, Cyprus, France, Acapulco, The Mediterranean, Costa Rica and more.

Many destinations are luxury and 5-star resorts suitable for nice romantic getaways or perfect for a family vacation overlooking world renowned beaches and sparkling waters. These offers are only available to NuBarter members. To take advantage of these exclusive offers accessible only through NuBarter, please contact your NuBarter travel representative, Jenny Tillinger @ jenny@nubarter.com or via phone @ 770-855-5983.

All media inquiries should be directed to The Write Stylz Public Relations Firm at 404-573-1627 or via email at publicist[at]thewritestylzprfirm.com.

About NuBarter
NuBarter.com is a community of global businesses that barter their goods and services. We provide an effective way to increase sales, reduce cash expenditures and increase profits. Our experienced team of business professionals offers and innovative and proven approach to business. Visit us online at www.NuBarter.com for more information.