Tom McDowell’s Barter Blog

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Entries from May 2008

Any Geographic Limitations on Barter Clients?

May 19th, 2008 · No Comments

Other than restaurants, do you set any geographic limitations on the numbers of businesses in any one category that you’ll allow membership to?
We do watch the geographic areas of our clients to some extent. For instance, you don’t want a service station on each corner. Otherwise, you’ve taken these people who already compete with each [...]

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Tags: Q and A

What normally happens to a client and their trade balance once they quit the exchange?

May 6th, 2008 · No Comments

Those who quit with a positive balance are rare. Mostly, the exchange is owed money when this situation arises. Our contract carries a provision so that anyone who does quit with a positive balance must agree to spend his or her dollars within a pre-determined timeframe. At this point those dollars would become income to [...]

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Tags: Q and A