NEW YORK, April 19 /PRNewswire/ -- For more and more companies, large-scale barter
transactions are becoming an important part of the way they do business.
A few months later, Annette Riggs of Corporate Connect moved her barter exchange to the Barter21 software platform.
In late January of this year, LeeAnne Busman of Barter Consultants International asked BCL Soft to make several changes to the Barter21 platform in order to bring her exchange to Barter21.
Just in the first quarter of 2011, 22 Barter exchanges have started using or switched to Barter21 software.
BCL Soft owners Barry Cohen, Catherine Cohen and Luther Monson developed Barter21 with the needs of barter exchange owners and barter exchange members in mind.
Just as business expenses covered through barter are deductible to the same extent as cash, barter used as compensation is subject to personal taxes.
Accountants can advise clients to use barter to achieve specific business goals, including
Because barter purchases represent lower out-of-pocket cash costs, trade dollars often can be earned with little increase in overhead and without advertising or marketing expense.
A barter network keeps clients informed of new products and services available for barter.
As renegade economist Hazel Henderson puts it, "Local barter
systems and local currencies flourish when a country is managing its affairs inappropriately.