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Welcome to Bartercard Welcome to Bartercard 0800 840 6333 www.bartercard.co.uk [email protected] Who we are... Bartercard has a mission to create value and opportunity from the unrealised potential in the business of each and every Bartercard member around the world. Chris Kirby Managing Director Chris started out as a member of Bartercard in June 2010 aer owning his own Design Agency. His experience using Bartercard was so successful he bought his rst Bartercard Area Franchise in 2012. Today he is the proud Co-Owner and Managing Director of Bartercard UK. “Bartercard is a simple barter system that converts slow moving stock, downtime, spare capacity or vacant seats into extra sales”. Marios Psyllides Financial Director Marios has been working as an accountant for almost 40 years, qualied in 1996, and been at Bartercard for the last 7 years. He joined as Financial Controller when the company was still owned by BPS Technology, and is now the Financial Director and co-owner of Bartercard UK aer they purchased the territory from Australia in 2019. Introduction & get to know | Value & opportunity What is Bartercard? Bartercard is a business network made up of thousands of members around the world. It is designed to assist businesses to improve cash ow and reduce cash expenses through the use of modern bartering. Gone are the days of swapping a cow for a pig or a chicken for a goat. The power of modern day bartering is that you can conserve cash and reduce expenses by using our digital currency, known as a trade pound, to swap your products or services indirectly with any business within the Bartercard network. What is Bartercard? | Business network Can your business aord to miss out on new customers? How Bartercard provides growth opportunities for thousands of global cardholders… Guaranteed new customers Bartercard promotes your company to thousands of local, national and international businesses who are all potential customers. Every new customer brought to you by Bartercard brings new income on top of what you’re already receiving, which will help increase your prot margins. Free up cash ow Bartercard gives you the freedom to accept trade pounds to attract new customers and increase your sales. Use this additional income to pay for what you need, saving you valuable cash for other business or personal expenses and investments. Interest free line of credit Bartercard provides you with an interest free line of credit, creating an additional source of funding for you to invest in the growth of your business, Thus allowing you to do things that may not have been possible because of cash ow pressures. Can your business aord to miss out on new customers? | What we oer Break into new markets nationally & internationally What is important to your business today? Bartercard worldwide oce locations Australia, New Zealand, England, Scotland, Wales, Northern Ireland, Ireland, Portugal, USA, Thailand, UAE, Cyprus, South Africa, Israel and France with new International Licence enquiries daily. 75 oces 15 countries Break into new markets | Worldwide oce locations Increase your businesses bottom line prots! Bartercard’s member list is skyrocketing... Bartercard is a business marketplace with 55,000 Today cardholders who barter-trade over £425 million pounds each year. 1991 55,000 £425 million card holders trade volume Since the launch of Bartercard in 1991, it has revolutionised the way businesses manage cash ow. Increase your businesses bottom line prots | Member list is skyrocketing 6 benets for your business... Could any of these benets help your business? We would love the opportunity to help you to achieve your business and lifestyle goals. More customers. Purchasing discount. Reduce cash expenses. Sell excess stock. Utilise business downtime. Interest free line of credit. 6 benets for your business | Could any of these benets help your business? Bartercard increases cashow & prot... Before With Bartercard... Bartercard... SPARE CAPACITY SPARE CAPACITY INCREASED SALES PROFIT PROFIT EXPENSES PAID Increase Cashow & Prot | Before Bartercard & with Bartercard A local business tool that guarantees extra business... Some large fortune 500 companies barter... Coca Cola • Penetrate foreign markets • Toothpicks for forklis Pepsi • Market Leader in Russia • Syrup for Vodka Panasonic • Recession solution • Bonuses paid in product Virgin • Empty seats on ights for hotel rooms for cabin crew and sta • Cash converted hotel rooms General Motors • Sri Lanka Tea for Locomotives • Cash Converted Fortune 500 Companies | Verbal Contract Have you ever bartered before? Would you rather pay your supplier with your own product / service or with cash? Have you ever bartered before? | Trading story Modern barter trading example... A restaurateur goes to a printer and says I would like to get my annual printing done and would like to pay you in meals. The printer says I would normally charge £10,000 for a job that size. However, he quickly realizes that’s a lot of meals and would take years to redeem. So, as a direct barter, this transaction would not take place. However, if they were both members of Bartercard and we acted as a third-party record keeper, this transaction could immediately take place. You see as soon as any business joins Bartercard they receive an interest free line of credit between T£1,000 and T£20,000 Trade Pounds. Because of the line of credit the restaurateur’s rst transaction could be a purchase. Put simply: The printers account would be credited with T£10,000 and the restaurateurs account would be debited T£10,000 this means is the restaurateur now owes T£10,000 worth of meals to the Bartercard network not to the printer. So, over a period of time brand new customers (Bartercard members) will come in and reduce his debit balance. For example: A solicitor might take a customer to lunch, an electrician treats his family to dinner, a retailer books a sta function... and the restaurateur has achieved his goal of paying his printing bill with meals. Which is what he wanted to do in the rst place. Let’s have a look at the printer for a moment. The printer has picked up a brand new customer and has been paid T£10,000 straight away. He can now spend his Trade Pounds whenever and wherever he likes within the network, instead of spending cash. The printer may spend his Trade Pounds on: Courier deliveries, legal expenses, advertising and equipment maintenance. These would be normal business cash expenses. If he could use his trade pounds to pay for these cash expenses, he would keep more cash in his business, while the printer has conserved his cash and picked up a new customer. Purchasing discount... Cash paying Bartercard paying customer customer Let’s now look at the cost eectiveness of doing business this way. Most businesses have spare capacity from time to time, don’t they? In this example, the round circles represent the restaurant tables and the people represent the restaurant’s normal cash paying customers. As you can see the restaurant has some spare capacity in empty tables. Being part of Bartercard creates new customers and helps ll up some of the empty tables. As these new customers represent only incremental business, the xed costs of the restaurant should remain the same. However, the restaurant still has the product replacement cost, i.e. the cost of the food and drinks. With this example, the industry standard for product replacement for restaurants is around 35 pence in the Pound. This means for every £100 meal the product replacement cost would be £35. So what will it eectively cost the restaurant in cash to pay for the £10,000 printing bill? If the product replacement cost is £35 for every £100 meal. Then £10,000 worth of meals would only cost the restaurant £3,500 cash. Which means by paying with meals he has saved £6,500 cash, giving the restaurant a 65% purchasing discount whenever they spend using their Bartercard. Modern barter trading example | Purchasing discount Would your business like to generate more sales? BUSINESS EXPENSES FOR BARTERCARD TO HELP OFFSET C = Current / P = Potential C/P Amount Review date C = Current / P = Potential C/P Amount Review date ADVERTISING & MARKETING Budget £ MAINTENANCE & CONTRACTORS Budget £ Radio Cleaning contractors / supplies Television Window cleaning Newspapers Carpet cleaning Magazines & catalogues Pest control Yellow & white pages Landscaping / indoor plants Social media marketing Lawn & garden maintenance Search engine optimisation/ Rubbish removal / skip hire marketing Alarm monitoring / security patrol Adwords, banner advertising Electrical / cabling Database management Plumbing / drainage Email marketing / direct mail Carpentry / cabinet building Telemarketing Air conditioning / heating Web design & development Refrigeration service & equipment Multimedia production Painting / decorating Displays / exhibitions / functions Corporate gifts / promotional Lighting Photography Signage PROFESSIONAL SERVICES Budget £ Sponsorship Accountant / bookkeeper Business surveys Lawyer / solicitor Graphic design Financial planner Business cards / brochures Debt collector Business consultant / coaching BUSINESS ADMINISTRATION Budget £ External admin / secretarial services Stationery / consumables Public relations Marketing consultant Equipment rental Architect Landline / mobile contracts Engineer / engineering First aid supplies COMM & TECHNOLOGY Budget £ Water cooler & amenities Computers & consumables Computer repairs Web hosting/ network services Dry cleaning / laundry services Network maintenance Cleaning
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