Bartercard - Business Services Franchise
Finance Requirements
- Franchise Fee
- £55,000
Available Areas
Selected franchise opportunities throughout the UK
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Be Part of the Barter Boom
With over 55,000 businesses worldwide, Bartercard International (BCI) is the world's largest Trade Exchange and is internationally recognised as the leader in its field.
The Bartercard Trading Programme enables
businesses to trade in goods and services without the need for
cash. It allows organisations to grow and diversify whilst saving
on their outlay and thus helping control cash-flow. This age-old
form of business has been brought into the 21st century by
Bartercard's unique methods of accountability, support and
security.
Established in Australia in 1991 and in the UK in 1996, Bartercard has seen unprecedented levels of growth in membership and trade volume. It now facilitates trading of more than US$2 billion per year world wide. By concentrating on the largest single sector of the business market - small to medium sized enterprises - Bartercard UK has proved that this form of trading is a vital part of the new economy
Bartercard is a founding member of the International Reciprocal Trade Association (IRTA) which provides the industry with direction and guidelines. Bartercard UK is also a member of the British Franchise Association (BFA).
How Bartercard Works
The Bartercard principle is quite simple. It is a fast growing membership based trading organisations who have agreed to trade with one another by using Bartercard system. Bartercard members buy and sell products and services in the same way as they would in a cash transaction - the difference being, instead of cash, the medium of exchange is the Trade Pound (T£). Acting as a 'clearing house', Bartercard offers an accounting and administrative facility which records the debits and credits of all members. Once Bartercard members make contact with each other and establish they can do business they can then commence a transaction.
For example, a printer purchases T£500 worth of services from a garage. The printer's account is then debited by T£500, whilst the garage receives a T£500 credit. The garage does not have to buy from the printer, but can use it's Trade Pounds to purchase from any Bartercard member - so giving access to a vast array of goods and services.
This flexibility is what makes Bartercard such an attractive proposition to businesses that wish to grow and conserve cash at the same time.
How the transaction works
A Bartercard transaction is similar to a
credit card transaction. The purchaser simply provides their card
details and the seller then completes a transaction voucher. This
is authorised and the seller gives a copy to
Bartercard. Once received by Bartercard the
relevant accounts are credited and debited accordingly.
Most importantly - as a franchisee you will receive an income stream from the transactions relevant to your franchise.
Becoming a Bartercard Franchisee
Operating a Bartercard Franchise gives you the opportunity to participate in barter trade - the most dynamic economy in the world today.
A Bartercard franchise offers an excellent opportunity for you to start your own business, but safe in the knowledge that you'll have the backing of a successful business concept, innovative marketing programmes and the support of our experienced team.
Bartercard has helped business people in many countries set up their own successful franchises. Indeed, many franchisees have established multi-territory businesses.
The benefits to Bartercard franchisees
- Exclusive territory for development
- Excellent earning potential
- Comprehensive training and support programme
- Franchisee kit; including information technology (both hardware and software), support materials, stationery and templates.
- Full administrative support
- On-line credit and company searches
- Advertising and promotional activity
- Access to national and international trade opportunities
- Ongoing sales and trading support
- Business income scalable
I
ncome Streams
Franchisees receive income from three main sources:
- Commission on new members joining the scheme
- Commission on trading by brokerage members
- Capital growth of your business
We know that the commission structure of Bartercard offers franchisees the opportunity to receive a high return in comparison with other franchise organisations.
Training
As a franchisee you will receive full training to cover:
- Sales training - We will pay travel, accommodation and training expenses for yourself and up to four of your sales people.
- Trading
- Administration
- Business and marketing plans
- Financial planning
- On-going sales and trading training materials
- Annual franchisee conference
- 'Train The Trainer' training
- Recruitment training
The Economist Magazine claims that
by 2010, 50% of world trade will be done through barter, and
according to The International Reciprocal Trade Exchange (IRTA) the
official barter volume grows three times as fast as the cash
trade.
This is a unique opportunity to join this worldwide boom industry
– an industry that performs as well in recession as it does
in periods of economic growth – and build a substantial
business.
