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Unlocking Business Success: Your Guide to Bartering with TBT

Why use TBT barter?
There are many advantages to bartering, here is a quick list:
  • Additional market share
  • Competitive advantage over those who don’t
  • Move idle inventory
  • Utilize excess capacity
  • No bad debt
  • Tap into wholesale buying power
  • Improve Cash Flow
  • Build a new network of contacts

Barter works differently for all businesses depending on needs and use. One thing that is for sure is that barter can be a valuable tool for most businesses. We would love to talk to you about your business and come up with a custom gameplan on how barter can work for you. Click the join now at the top of the page to connect with on of our Barter Experts! We promise you will not regret it.

What are TBT barter’s fees?

If you already barter, you understand the benefits that barter can bring to your business. TBT Barter makes bartering more efficent, effective and way easier for business owners!

TBT has an amazing software that makes bartering more efficient for business owners. Instead of working to find the perfect trading partner, our software allows businesses to barter with once company but not have to go directly back to that company. So if your company barters $1000 worth of product to a limo company, you may not need exactly $1000 worth of limo services. With TBT Barter you would get $1000 in TBT Barter Dollars to spend with any of the other businesses in the network. Use your credits, for dental work, a vacation, to go out to eat, printing for your business…. The possibilities are endless!

Also with a TBT Barter membership, you get a dedicated Barter Broker for your account who will work with you to move our excess inventory (time, space, product, etc.) and in turn find you the products and services that you need and want for your business.

Think of us as your outsourced barter department for your company!!!!
I already barter. Why should I join TBT?

One-Time Activation Fee: $495

Brokerage Fee: 15% on all purchases

Monthly Account Maintenance Fee: $20 / T$20 per month

How does TBT promote my product or service?

There are 3 main ways that TBT Barter Promotes our our members products and services:

Through our website- When you join TBT Barter, you will get a login and password to your barter account. There you will see a directory of all TBT Barter businesses currently in the network. You will also have the opportunity to create and post a listing about your business and the products and services that you offer!

Email Blasts – TBT Barter send’s out 2-3 email blasts a week containing new members that joined as well as members that have asked to be promoted and are looking for barter business!

Your Broker- Your Broker is the most important person in being successful with TBT Barter. If you let them know you have something to sell, they will work on moving it for you. On the flip side, when you would like to purchase something, using your broker is the best way to get it done. Our most successful barter members are in contact with thier broker very often!!!

Are there any tax advantages to bartering?

At TBT Barter, income generated through bartering is handled identically to cash income. There are no tax benefits or drawbacks associated with bartering. It’s important to view trading as a means of marketing rather than a tax strategy. At the end of each year, TBT Barter issues a 1099B form to your company, detailing all sales transactions conducted through TBT Barter. Just like cash income, business expenses incurred through trading, which are typically tax deductible, remain deductible when purchased through barter.

How should I price my products and services?

At TBT Barter, prices offered to barter clients mirror those quoted to customers paying with cash. We believe business owners are savvy consumers who understand value. Bartering is merely another form of payment, akin to using a credit card or cash. If your prices are too steep, clients, regardless of payment method, may opt not to make a purchase.

How I get TBT Trade dollars in my account?

Upon making a sale, it’s imperative to obtain authorization, which can be done through three avenues: contacting our office directly, authorizing via our website, or utilizing our mobile app, accessible for both iPhone and Android users. Subsequently, the trade dollars from the transaction will be promptly transferred into your account.

Do I need to buy from the people I sell to?

One key benefit of TBT Barter is the flexibility it offers, allowing members to utilize trade dollars with any other participating member. This grants you the freedom to acquire what you need while engaging in competitive shopping. We actively encourage members to seek out the best value, just as they would when making cash purchases.

I need to buy now, is a credit line available?

Certain members with good credit standing have the opportunity to procure goods and services within the TBT Barter exchange beyond the balance available in their trade account. Depending on your business’s scale and nature, you may be eligible for a ‘line of credit.’ This comes with no interest or additional fees, presenting yet another valuable advantage of our system. The understanding is simple: you commit to earning back those dollars by actively selling to fellow barter members. Extending credit serves as a beneficial tool, fostering increased trading activity across the entire exchange, to the benefit of all members.

Does TBT Barter have products and services nationally?

Absolutely! While TBT Barter primarily operates as a local barter company, serving the tri-state area, we are also a proud member of IRTA (International Reciprocal Trade Association). Through IRTA, we are connected with hundreds of other barter companies nationwide, providing TBT Barter with access to thousands of diverse businesses across the country.

Does TBT Barter have products and services nationally?

Absolutely! While TBT Barter primarily operates as a local barter company, serving the tri-state area, we are also a proud member of IRTA (International Reciprocal Trade Association). Through IRTA, we are connected with hundreds of other barter companies nationwide, providing TBT Barter with access to thousands of diverse businesses across the country.

I own a franchise, can I engage in bartering through TBT Barter?

Yes, franchise owners can participate in bartering through TBT Barter. It’s essential to ensure that barter sales are included in your revenue calculations when determining franchise royalties.