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Cash is NOT King during COVID-19.

COVID-19 has created a cash crisis for many small business owners. Less cash is coming in.  The domino effect amplifies.  Less cash is going out.  But what if cash was NOT the only currency? 

Responding to that cash crunch, New England Trade, Inc. (NET), based in Malden, MA and the leading barter exchange in the New England region, announced that they are offering free memberships – traditionally a $295 membership fee – and no monthly fees for six months to any business that joins. Qualified new members will also be granted a minimum $1,000 line of credit.

“We know businesses are hurting.  Now is the time to embrace innovative methods to keep the momentum going,” noted Gary Oshry, President of New England Trade, Inc.  He explained, “Our barter network of over 1,000 participating businesses allows members to accrue a balance by providing a service and then applying that balance towards the purchase of any of the hundreds of good and services within the network.”

New England Trade members include professional services (accounting, legal, business coaching), health care professionals (dental, counseling, chiropractic, physical therapy, optometry, acupuncture), marketing services (website development, graphic design, video, printing), wellness (health clubs, massage therapy) food service (restaurants and catering), accommodations (hotels, condos), recreation (rentals for autos, bikes, kayaks, paddleboards) and much more.

New England Trade has won numerous awards from the National Association of Trade Exchanges (NATE), International Reciprocal Trade Association (IRTA) and Barter Association National Currency (BANC.  The organization has received recognition for its members state-of-the-art software, sophisticated website and mobile app, and Swipe Technology to make trading faster and easier than ever, and the assistance of full-time brokers available to promote each business and fulfill needs while saving cash.

Since 1980, New England Trade’s mission has been to increase their client’s sales and conserve their cash flow, facilitate trade among clients in an efficient, easy-to-use, cost-effective way, and improve their business outlook while enhancing members lifestyles.

About New England Trade, Inc.

A barter exchange is a third-party record keeper, providing members with monthly statements of their barter transactions. New England Trade, Inc. members are simply agreeing to accept an alternate form of currency as payment, providing you with an additional distribution network to grow your business. Members are able to purchase any product or service within the New England Trade, Inc. network through their trade account — products or services do not have to be directly exchanged.  For more information, visit www.NewEnglandTrade.com or call (781) 388-9200.

Cash is NOT King during COVID-19.Read More

Barter Holiday Expo encourages Cape Cod businesses to trade up.

I’ll trade you quahogs for carpentry work. Better yet, my neighbor will provide the wood and your brother the chef can make chowder for all of us.

Cape Codders have been bartering even before the American Revolution.

What? Cash in on great holiday gifts without cash?
New England Trade, the region’s oldest and largest barter and trade organization, will holds it’s a Holiday Barter Expo on Monday, December 10, 5:30 – 9 p.m. at the Hyannis Golf Club, 1840 Iyannough Road #2, Route 132, Hyannis, MA 02601.

There is no cost to participate in the event. Potential new businesses that call prior to the expo will be given discounted membership to New England Trade and complimentary VIP Tickets to the expo. For additional information about the Barter Expo, visit www.newenglandtrade.com or call (781) 388-9200.
This year as the economy gets tighter and companies are cutting back on corporate gifts, employee incentives, and new customer incentives, many New England Trade members are bartering for their holiday shopping. Companies are also utilizing barter to move excess merchandise or sell additional service capacity.

Participants can browse a wide range of gift ideas and services. Among the available items will be such holiday shopping essentials as jewelry and watches, electronics, gift baskets, exercise equipment, clothing, sunglasses, ski lift tickets, restaurant gift certificates, vacation lodging, chocolate and candies, candles, and more.

“This Barter Expo will open the eyes and minds of the business community,” note Ken Meharg, CEO of New England Trade. “Our guests are always astounded by the range of products and services available through barter.”

Gary Oshry, President of New England Trade added, “Public acceptance of barter has grown enormously in recent years. This event is sure to be fun and gives business owners a sense of the cash flow enhancer a trade organization can offer.”

TRADING UP IN NEW ENGLAND
Since, 1980, New England Trade has helped thousands of businesses gain a competitive edge by using barter. Barter is a creative way to increase sales and decrease cash expenses. Restaurants, auto services, travel, retail stores, and professional business services such as accounting, legal and advertising/marketing are a sampling of the numerous clients who do business with New England Trade and each other.

With a new, fully functional online “Marketplace” e-commerce platform, New England Trade has added a new dimension to both their reach and convenience for members. Now members can click and choose a wide range of goods and services, from travel reservations to gift certificates to auto care to professional services and more.

Worldwide, more than $600-billion is traded annually by small firms and giant companies alike. Nearly one-third of all U.S. businesses are involved in some kind of barter and more than 65 percent of the corporations listed on the New York Stock Exchange use barter to reduce surplus inventory and bolster sales.
New England Trade, located at 926 Eastern Avenue in Malden, Mass, has more than 1,000 members throughout the region. In business for three decades, it is the largest independent barter organization in New England. The company is a founding member of the National Association of Trade Exchanges, New England Trade manages more than $10-million in sales annually and has a staff of 7 people. The company is a long-standing member of the Malden Chamber of Commerce.

For additional information about the Barter Expo, visit www.newenglandtrade.com or call (781) 388-9200.

Barter Holiday Expo encourages Cape Cod businesses to trade up.Read More

A new “face” on Facebook…New England Trade launches Facebook page.

MALDEN, MASSACHUSETTS and HYANNIS, MASSACHUSETTS…

New England Trade, a bartering organization serving Massachusetts businesses for the past three decades, recently announced the launch of the company’s Facebook page, http://www.Facebook.com/Bartering.

“When it comes to barter, word-of-mouth has always been the most common way to stay in touch with what was going on. Nowadays, word-of-mouth has expanded to social media like Facebook,” said Ken Meharg, CEO of Malden, Mass.-based New England Trade. “Having a presence on Facebook gives us another vehicle to inform our members and attract new members with the variation on traditional bartering that New England Trade and our sister organization Cape Cod Trade employ.”

The practice of bartering has been around since the days of the caveman (e.g. a plumber does some work for a CPA, who in turn does the plumber’s taxes). In a bartering organization like New England Trade, members have access to the products and services of all the members. So, the plumber can do work for the CPA on barter, but can then choose to “spend” the bartering dollars he’s accrued on another product or service offered by other members. Like use of an ocean-side condo for a week.

As a New England Trade member, there is some exchange of cash involved with barter. A 7.5 percent transaction fee goes to New England Trade and members are responsible for paying taxes on the barter dollars they earn. In what’s still a struggling economy for many businesses, a bartering organization makes it possible to attract new customers and acquire the goods and services a business needs.

“Our system of bartering works because as business owners and as ordinary people, there are certain things we need. For example, the restaurant owner who needs cleaning services and billboard advertising and even dental work,” said Meharg. “ By offering gift certificates to his establishment, he can accrue the bartering dollars to get those items with a fraction of money out of pocket.” said Meharg.

Adds Meharg, “We anticipate our Facebook page as being a resource for our members to post on new products or services they are offering, provide testimonials for fellow members and, in general, just stay plugged in to what’s going on with our organization.”

For more information on New England Trade, please visit www.newenglandtrade.com.

Trading up in New England
Since 1980, New England Trade has helped thousands of businesses gain a competitive edge by expanding their revenue and reach with barter. Restaurants, auto services, travel, retail stores, and professional business services such as accounting, legal and advertising/marketing are a sampling of the numerous clients who do business with New England Trade and each other. Maintaining offices at 926 Eastern Avenue in Malden, Mass., as well as 100 West Main Street in Hyannis for its Cape Cod branch (www.CapeCodTrade.com), New England Trade has become the largest barter organization in New England. The company is a founding member of the National Association of Trade Exchanges and a member of the International Reciprocal Trade Association, New England Trade manages more than $5-million in sales annually and has a staff of 10 people. New England Trade is operated by experienced, Certified Trade Brokers who know how to make barter work for business. The company is a long-standing member of the Malden Chamber of Commerce.

For additional information about New England Trade, please visit http://www.NewEnglandTrade.com or call 781-388-9200.

A new “face” on Facebook…New England Trade launches Facebook page.Read More

Taking the Cash Crunch out of Christmas. New England Trade offers regional businesses a “barter” alternative to stuffing their stockings. Expo and Auction on December 2 at Danversport Yacht Club showcases over 25 booths.

DANVERS AND MALDEN, MASSACHUSETTS…

 

This may be a cash-strapped Christmas for some. Others are taking an alternative route. What if you could trade or “barter” for gifts and goodies?

 

New England Trade, the largest bartering organization serving Massachusetts businesses for the past three decades, is hosting its Lucky 13th Annual Trade Expo and Auction on Wednesday, December 2, from 6 p.m. to 10 p.m. at the Danversport Yacht Club, 161 Elliott Street, Danvers, Mass. More than 25 booths will feature gift baskets, restaurant gift certificates, clothing, toys for children of all ages, electronics and more.

 

The business public is welcome to attend. New England Trade membership is NOT required.

However businesses who aren’t members of New England Trade must pre-register as a guest in advance. Registration can be made by phone 781-388-9200 or by e-mail barter@newenglandtrade.com.

 

“This Christmas event is a great way to check off many of the items on your Christmas list and keep cash in your wallet,” said Ken Meharg, CEO of New England Trade. “These are difficult economic times and businesses that have extra inventory or service time are taking advantage of the age old concept of barter. They are ‘trading’ those extra goods or time for something within our barter system and everyone wins.”

 

The practice of bartering has been around since the days of the caveman. For example a plumber does some work for a CPA, who in turn does the plumber’s taxes. In a bartering organization, members have access to the products and services of all the members. So, the plumber can do work for the CPA on barter, but can then choose to “spend” the bartering dollars he’s accrued on another product or service offered by other members. Like use of an ocean-side condo for a week.

 

For more information on New England Trade, please visit www.newenglandtrade.com.

Trading up in New England
Since 1980, New England Trade has helped thousands of businesses gain a competitive edge by expanding their revenue and reach with barter. Restaurants, auto services, travel, retail stores, and professional business services such as accounting, legal and advertising/marketing are a sampling of the numerous clients who do business with New England Trade and each other. Maintaining offices at 926 Eastern Avenue in Malden, Mass., as well as 100 West Main Street in Hyannis for its Cape Cod branch (www.CapeCodTrade.com), New England Trade has become the largest barter organization in New England. The company is a founding member of the National Association of Trade Exchanges and a member of the International Reciprocal Trade Association, New England Trade manages more than $5-million in sales annually and has a staff of 10 people. New England Trade is operated by experienced, Certified Trade Brokers who know how to make barter work for business. The company is a long-standing member of the Malden Chamber of Commerce.
For additional information about New England Trade, please visit http://www.NewEnglandTrade.com or call 781-388-9200.

Taking the Cash Crunch out of Christmas. New England Trade offers regional businesses a “barter” alternative to stuffing their stockings. Expo and Auction on December 2 at Danversport Yacht Club showcases over 25 booths.Read More

Will work for food…New England Trade launches restaurant division

MALDEN, MASSACHUSETTS…

With the economy in its current state, you might think eating out would be off the table for many small business owners. Conversely, you might think a restaurant’s plans to upgrade systems, replace carpeting or embark on a billboard advertising campaign might have to be put on hold just to keep up with necessary services like pest control. To meet the needs of both the small business owner and restaurants, New England Trade, a bartering organization serving Massachusetts businesses for the past three decades, has set up a special restaurant division.

“We have a large number of restaurants as members. These members put up gift certificates to their establishments in exchange for the services they need to run their organizations, things like upkeep of their facility, pest control, new menus, advertising, etc. We also have members who like to use their barter dollars on restaurant gift certificates to use for themselves or incentive programs for their staff or customers. The new restaurant division helps pair the members from both sides of the equation,” said Ken Meharg, CEO of New England Trade.

The practice of bartering has been around since the days of the caveman (e.g. a plumber does some work for a CPA, who in turn does the plumber’s taxes). In a bartering organization, members have access to the products and services of all the members. So, the plumber can do work for the CPA on barter, but can then choose to “spend” the bartering dollars he’s accrued on another product or service offered by other members. Like use of an ocean-side condo for a week.

There is some exchange of cash involved with barter. A 7.5 percent transaction fee goes to the bartering organization and members are responsible for paying taxes on the “barter dollars they earn. Still, for the most part, a bartering organization makes a meal out possible for many small business owners without dramatically impacting their cash flow.

For the restaurant owner, barter provides a tremendous means to attracting new business for a relatively small investment. An example of this is the New England Trade member and restaurant owner who offered $20,000 in gift cards. While those cards represent $20,000 to fellow members, the actual cost to the restaurant owner is much less. After all, the restaurant owner is probably ordering the same amount of food and beverage and keeping the same amount of staff on regardless of the gift certificates.

The bottom line in this example is that the restaurant owner was able to purchase $20,000 in billboard advertising space while attracting $20,000 worth of potential new business without spending much more than usual.

“In today’s economy, the biggest problem restaurants are facing is empty seats. By trading gift certificates for barter dollars, restaurant owners can bring in new customers, who, if they enjoy their experience, could become repeat, cash-paying customers. Short of word-of-mouth referrals, there’s really no more cost-effective way to attract new business,” said Meharg.

For more information on New England Trade, please visit www.newenglandtrade.com.

Trading up in New England
Since, 1980, New England Trade has helped thousands of businesses gain a competitive edge by expanding their revenue and reach with barter. Restaurants, auto services, travel, retail stores, and professional business services such as accounting, legal and advertising/marketing are a sampling of the numerous clients who do business with New England Trade and each other. Maintaining offices at 926 Eastern Avenue in Malden, Mass., as well as 100 West Main Street in Hyannis for its Cape Cod branch (www.CapeCodTrade.com), New England Trade has become the largest barter organization in New England. The company is a founding member of the National Association of Trade Exchanges and a member of the International Reciprocal Trade Association, New England Trade manages more than $5-million in sales annually and has a staff of 10 people. New England Trade is operated by experienced, Certified Trade Brokers who know how to make barter work for business. The company is a long-standing member of the Malden Chamber of Commerce.

For additional information about New England Trade, please visit http://www.NewEnglandTrade.com or call 781-388-9200.

Will work for food…New England Trade launches restaurant divisionRead More

Cash takes a holiday…New England Trade launches travel division

MALDEN, MASSACHUSETTS…

With the economy in its current state, you might think a summer vacation would be off the table for many small businesses. Thanks to bartering organizations like New England Trade, a summer getaway is still a viable option without laying out serious cash. In fact, trading products and services for vacation getaways, condo rentals and other travel-related services has become so popular, New England Trade has set up a special travel division to accommodate the demand.

“We have a large number of members in the travel industry–hotels, time shares, ski lodges, boat rentals, travel agents, etc. These members put up gift certificates to their establishments in exchange for the services they need to run their organizations, things like upkeep of their facility, IT and advertising. Conversely, many of our members are looking to use their barter dollars to get away. The new travel division helps pair the members from both sides of the equation,” said Ken Meharg, CEO of New England Trade.

The practice of bartering has been around since the days of the caveman (e.g. a plumber does some work for a CPA, who in turn does the plumber’s taxes). In a bartering organization, members have access to the products and services of all the members. So, the plumber can do work for the CPA on barter, but can then choose to “spend” the bartering dollars he’s accrued on another product or service offered by other members. Like use of an ocean-side condo for a week.

There is some exchange of cash involved with barter. A 7.5 percent transaction fee goes to the bartering organization and members are responsible for paying taxes on the “barter dollars they earn. Still, for the most part, a bartering organization makes a vacation possible for many small business owners without dramatically impacting their cash flow.

“In today’s economy, many people are cutting back on vacations. By trading gift certificates for stays at their establishments, our hospitality business members are filling rooms and booking reservations. That helps keeps your staff busy and provides an opportunity to create new business, which hopefully leads to return business and strong word-of-mouth referrals,” said Meharg.

For more information on New England Trade, please visit www.newenglandtrade.com.

Trading up in New England
since, 1980, New England Trade has helped thousands of businesses gain a competitive edge by expanding their revenue and reach with barter. Restaurants, auto services, travel, retail stores, and professional business services such as accounting, legal and advertising/marketing are a sampling of the numerous clients who do business with New England Trade and each other. Maintaining offices at 926 Eastern Avenue in Malden, Mass., as well as 100 West Main Street in Hyannis for its Cape Cod branch (www.CapeCodTrade.com), New England Trade has become the largest barter organization in New England. The company is a founding member of the National Association of Trade Exchanges and a member of the International Reciprocal Trade Association, New England Trade manages more than $5-million in sales annually and has a staff of 10 people. New England Trade is operated by experienced, Certified Trade Brokers who know how to make barter work for business. The company is a long-standing member of the Malden Chamber of Commerce.
For additional information about New England Trade, please visit http://www.NewEnglandTrade.com or call 781-388-9200.

Cash takes a holiday…New England Trade launches travel divisionRead More