Spend Less, Barter More: How to Use Barter To Cut Your Cash Spending By 50% Starting Today Michael Senoff

ISBN:

Published: July 22nd 2011

Kindle Edition

21 pages


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Spend Less, Barter More: How to Use Barter To Cut Your Cash Spending By 50% Starting Today  by  Michael Senoff

Spend Less, Barter More: How to Use Barter To Cut Your Cash Spending By 50% Starting Today by Michael Senoff
July 22nd 2011 | Kindle Edition | PDF, EPUB, FB2, DjVu, AUDIO, mp3, ZIP | 21 pages | ISBN: | 5.13 Mb

This consultation is an update to my product, the Secret Loophole dealing with trade and barter. I admit trade and barter, as well as the “secret loophole,” can appear confusing at first. A gentleman named Marcello had purchased the Secret LoopholeMoreThis consultation is an update to my product, the Secret Loophole dealing with trade and barter.

I admit trade and barter, as well as the “secret loophole,” can appear confusing at first. A gentleman named Marcello had purchased the Secret Loophole package and called me for clarification. This was a wonderful opportunity create this update with clear explanations of dealing with trade organizations using easy-to-understand examples.Using Marcello’s own business need for radio advertising as an example, listen as I explain how he can buy that radio advertising time at, for example, 20 cents on the dollar.

He first needs to find a member of a trade organization such as ITEX who is sitting on many trade dollars that he is willing to sell at 20 cents on the dollar.Before closing the deal with the trade dollar seller, Marcello would need to find another ITEX member who sells radio advertising time.

Let’s say that the radio advertiser sells radio spots at $100 each. One hundred radio spots would cost Marcello $10,000.Now that Marcello has found what he wants to buy (radio spots), he would contact the seller of the trade dollars again and arrange to purchase $10,000 worth of trade dollars for $2,000 – which is 20 cents on the dollar. He would arrange to have the seller of the trade dollars deposit those trade dollars into the ITEX account of the radio advertiser on his behalf. Voila! Marcello can now advertise his product one hundred times through the radio advertiser.Marcello and I also discuss purchasing trade dollars at a discount and then re-selling those trade dollars to private parties for profit.

Marcello could find a company selling radio spots willing to sell $10,000 worth of trade dollars for $2,000. Then, doing a little research, find a company (not in the trade organization) and sell them the $10,000 worth of trade dollars for, say, $5,000. The buyer could beat his competition at half the price that his competitor is paying.The key here is to have the buyer pay Marcello first, before he buys the trade dollars so that he doesn’t have to use a dime of his own money.You’ll also get some tips on how the IRS considers these types of transactions and how you can write off anything that the IRS considers income.

I hope that this audio will clarify any questions that you may have had but contact me if you have any other questions.



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