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This area of the website exists for you, our members. As this page grows, you can expect to see posts related to growing your business, expert interviews from other members and great ideas on how to use your ITEX dollars and bartering to achieve your business and personal goals.
How are Barter Transactions Taxed?
Bartering is the exchange of goods without money. The words “without money” might make you believe that barter transactions aren’t taxed. But in reality, barter transactions are taxed. During the 1970s, bartering started to become popular among businesses. It wasn’t...
What Are The Types Of Barter Systems?
Bartering can help you use your company’s funds in a better way. You can save a lot of company funds and increase your purchasing power if you barter some of your products or service. Monetary medium of exchange lets you exchange things with money, but once your...
Why are Some Businesses Today Using The Barter System?
The barter economy is massive. According to World Barter Organization, 20-25% of total trade happens as a barter exchange. It also reports that 65% of New York Stock Exchange-listed companies use barter as a trading method. Approximately 15 million individuals in...
Why did Money Replace The Barter System?
People's curiosity is immediately piqued by the term "money." Money is an essential element in everybody's life. We need it to buy a variety of items for our needs and wants. Likewise, to claim benefits like education, transportation, communication, health, delivery...
History of The Barter System?
As the world of commerce evolves and businesses strive to keep up with the ever-expanding menu of growing electronic payments, one method of payment between small firms has made a comeback called barter. You've bartered if you've ever swapped your commodity with any...
How is Using Money Related to Bartering
Barter is becoming more and more popular since it is a quick form of exchange. Barter developments become a fantastic alternative for exercising buying power as confidence in other countries or digital currencies starts to wane. Your barter offering may be seen by a...
What Are The Benefits Of A Trade Exchange?
The terms "exchange" and "trade" describe the very same activity—individuals who possess one item and desire another may freely replace or barter it with the other. The phrase "exchange" frequently emphasizes trades that take place within a particular nation or...
What is the difference between barter and exchange?
Entering the trading world seems very overwhelming. There are so many things you have never heard of and so many terms which feel like they mean the same. One such confusion is- Barter vs. Exchange. If you are new to trading and are figuring out what these terms mean...
How to Barter for Goods & Services
We have all been in a situation where we have had an item in our home that is simply too good to throw away, but we know we'll never use it again. It is in situations like these that bartering can help. By bartering, you can transform an old possession into something...
What advantages does money have over bartered goods
During the coronavirus pandemic, people all over the world have turned to trade, swapping, and bartering, whether to help the community, save up money, or just obtain tough-to-find cooking ingredients. When economic instability was imminent, and anxiety levels were...
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