“We could not have done all of these things without BizX.” - Henry Vortriede, owner of Montclair Bistro. BizX Member since August 2005.
Bartering
Barter Definition
Bartering is a medium in which goods or services are exchanged for other goods and/or services, without the use of money.
It is estimated that more than 450,000 businesses in the United States participate in bartering through a bartering club to supplement their cash transactions and more than two-thirds of Fortune 500 companies participate in bartering relationships. BizXchange provides an entirely new avenue for increasing your revenues and market share by building new commercial relationships and mutually beneficial exchange of goods and services.
BizXchange members are simply agreeing to accept bartering a for payment. Bartering companies are free to purchase any product or service within the BizX network using their bartering currency – they do not have to barter services directly.
The BizX Code of Ethics and our adherence to international guidelines ensure that all BizX barter trading is conducted in an ethical and fair environment for all members.
As a bartering company, 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 connect you directly with other members. BizXchange helps you earn barter currency by bartering services and goods for BizX dollars. You can then use those BizX dollars to offset current business expenses by purchasing products and services from other members without using valuable cash resources. Learn more about B2B bartering
