“We wanted to market to a new segment that wouldn’t have heard of us otherwise. The BizX community allowed us to do that.” - Adam Hitch, President of Geoteaming. BizX Member since May 2006.
Barter Trading
It is estimated that more than 450,000 businesses in the United States use organized barter trading to supplement their cash transactions and more than two-thirds of Fortune 500 companies participate in barter trade relationships. BizXchange provides an entirely new avenue for increasing your revenues and market share by building new commercial relationships and offering mutually beneficial trading of goods and services.
BizXchange members simply agree to accept an additional form of currency for payment. Members are free to purchase any product or service within the BizX network-they do not have to directly accept each other’s merchandise.
The BizX Code of Ethics and our adherence to international guidelines ensure that all BizX barter is conducted in an ethical and fair environment.
Business Trading Increases Purchasing Power
BizXchange acts as a third-party record keeper, just like a bank, providing monthly statements and current dollar balance. All barter trade transactions are recorded pursuant to trading procedures, policies, rules and regulations of BizXchange and the IRS. Unlike a bank, however, BizXchange connects you directly with other members. BizXchange brings your business new customers to purchase your products and services using BizX dollars. You can then use those BizX dollars to offset current business expenses by making purchases from other members without using money.
