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.
Whether you are expanding an existing business into a new market or opening a brand new business - learning how to leverage the best local barter exchange in the area can allow you to rapidly gain a foothold in the market. Part 1 of this blog will address proven businesses expanding into new markets.
As Canada's only national exchange with local offices across the country Barterpay is poised to come along side you in your launch strategy.
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.