Corporate Barter
It is estimated that more than 450,000 businesses in the United States use organized barter to supplement their cash transactions and more than two-thirds of Fortune 500 companies participate in corporate barter relationships.
BizXchange allows firms to use their slow moving inventory or non-performing assets to offset the cash cost of products or services they need. It is estimated that barter accounts for over $16 billion dollars of the world's economy. In addition to the relief of distressed goods, corporate barter presents an innovative solution to financial problems and can greatly expand budgets.
Benefits of using BizXchange for corporate barter include:
- Generating new sales
- Improving cash flow
- Expanding into new markets
- Minimizing losses
- Eliminating storage costs for slow moving inventory
- Maximizing excess production
Who We Are
BizXchange is a membership-based association. Our members buy and sell products and services with other exchange members using BizX dollars, which are equivalent to U.S. dollars.
BizXchange acts as a third-party record keeper, just like a bank, providing monthly statements and current dollar balance. All transactions are recorded pursuant to trading procedures, policies, rules and regulations of BizXchange and the IRS.
Unlike a bank, however, we connect you directly with other members. BizXchange brings you new customers to purchase your products and services with 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 BizXchange or join now!
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