Every year BarterPay hosts a Cashless Marketplace in support of our Barterpay It Forward Foundation, which in turns helps charities across Canada. All Barterpay members are welcome to attend for free - we just ask that they make at least a T$40 donation to the foundation per person attending.
Unfortunately many small to midsize businesses go through periods where cash flow is tight. Sometimes it is just a seasonal dip, an unexpected expense, or a customer delaying payment on a large invoice. Other times it is more systemic to the business you are in, and a larger change needs to occur in order for you to advance. In either case, barter can help you find your way!
Unfortunately regardless of industry there are times where an accounts receivable is likely not going to be collectible. Utilizing BarterPay you can collect on this debt for less than the cost of third party collections - while also potentially improving your on going relationship with that customer.
One of the most valuable assets to a business are its employees. Keeping quality employees happy and with you for the long-term can result in dramatic savings for a business in terms of lower training costs and improve customer service.
Bartering for products and services for staff incentives or rewards can be a great way to keep your team together and motivated.
Barter has been around forever. From kids on the playground, to farmers, to business owners, at some point everyone has bartered or traded something. For the most part, it's pretty straight forward. You have something someone else wants, they have something you want. Done deal. But it's not always so simple.
You own a restaurant and you want new carpet, but the carpet store doesn't want a couple thousand dollars in gift certificates to your establishment.
What to do?