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Member information pack for the Ormita Commerce Network. How to trade using the Ormita Commerce Network B2B barter platform. Call Ormita today to find out how we can help your business grow.
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Information on becoming a national licensee or joint venture partner of the Ormita Commerce Network. Discusses the benefits of barter and offset trade in a broader sense and the particular benefits of using Ormita to act as a facilitator for these types of transactions. See the Ormita website at www.ormita.com. Licensee and franchisee enquiries are available for those interested in barter, offset trade, reciprocal trade, counter-trade, community currencies etc. If you ever thought of owning your own barter exchange franchise this is your chance - Visit www.ormita.com or www.ormitacorporate.com
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Barter and Income Tax A guide for businesses engaged in barter transactions There isn't any doubt that starting a business and managing its day-to-day operations can be a costly endeavor. Quite often, business owners find that the company's budget simply doesn't stretch as far as they might have hoped, leading to diminished success and financial woes. There is, however, a way that businesses can drastically cut operational costs and allow for their companies to thrive. By bartering, either with other business and individuals, or via an indirect barter exchange network, companies can receive the goods and services that they need without having to spend cash. In order to get a better idea of just how bartering can be beneficial, let's take a closer look at the two most common types of bartering: direct and indirect barter. This free book explains how to deal with income tax from barter transactions, how to correctly record barter transactions and how to ensure that bartering has no negative effect on your end of year tax bill. Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. Bartering: -Allows a business to swap / exchange their own product or service for things they need -Reduces the cash outlay of the business -Every purchase is matched with a new sale -Purchase of international advertising, trade shows, translation, legal and accounting services etc -More sales result in more customer feedback and less cost for “give-away” samples Barter Provides a Mechanism to Improve the Balance Sheet -Goods acquired using barter are still counted as an increase in the assets of the business. -Bank capital guarantees reduce available lines of credit - barter capital does not. -Allows the organisation to meet assets and/or equity ratios for other (cash) subsidies and loans. -Lets a business obtain future international lines of credit guaranteed by countertrading operations. http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com http://www.barterforequity.com ------------------ This book does not constitute legal, financial, taxation or accounting advice of any sort. Readers are requested to seek professional advice from their own accountants, tax attorneys or other professionals. Ormita will not be held liable, under any circumstances, for any errors or omissions in this document. The contents of this book are copyright © 2013 Ormita Commerce Network Limited (“Ormita”). You may freely distribute copies of this publication provided that you do not alter the layout or design in any way including, but not limited to, removing the Ormita logo from this document.
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The Ormita Commerce Network provides businesses with the opportunity to increase their customer numbers, open new markets, access alternative (interest-free) finance and generate client referrals. Ormita is a closed network of businesses that prefer to buy from one another. Income earned from sales made to other businesses must be spent within the group. When you spend with your current suppliers there is often no guarantee that they, or others they do business with, will ever buy something back from you. These are “one-way” transactions because every cent you spend is money that you may never receive back. When you make purchases from others within the Ormita network, your trading relationships are based on reciprocity and mutual support. As a member of Ormita you are working with others to build a better, and fairer, business environment. If your business is not at 100% capacity all of the time then you have an opportunity to increase your revenue and reduce your current cash costs.
Ormita : Member Overview
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Ormita: Ormita Commerce Network business to business barter exchange presentation. Contact us today to see how we can help your business save cash and attract new clients. http://www.ormita.com
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Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. -Allows a business to swap / exchange their own product or service for things they need -Reduces the cash outlay of the business -Every purchase is matched with a new sale -Purchase of international advertising, trade shows, translation, legal and accounting services etc -More sales result in more customer feedback and less cost for “give-away” samples Barter Provides a Mechanism to Improve the Balance Sheet -Goods acquired using barter are still counted as an increase in the assets of the business. -Bank capital guarantees reduce available lines of credit - barter capital does not. -Allows the organisation to meet assets and/or equity ratios for other (cash) subsidies and loans. -Lets a business obtain future international lines of credit guaranteed by countertrading operations. The use of networks such as Ormita can help countries to build solid industrial bases, by balancing purchases of foreign goods and services against domestic exports in a simple, but creative manner; while addressing World Bank and IMF concerns of “bilateralism” and anti-competitive behaviour. This form of trade finance has a multiplier effect as it increases overall purchasing power which helps to reduce unemployment, recover potentially depreciating (or lost) value and helps a country’s development. "International Trade Flows Facing The Global Credit Crunch: The Multilateral Barter Trade System". University of Turin, Italy. Faculty of Economics. March 2012 “Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.” "Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011. http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com http://www.barterforequity.com
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Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. Barter for Travel & Tourism Sector Recovers lost revenue -Turns previously unsold rooms into needed products and services -Takes customers away from competing brands or locations Improves profitability -Allows a business owner to “bank” previously unsold room space for later use. -Helps maintain advertising budgets regardless of cash sales Turns unsold rooms into a source of referrals for new cash sales -Referrals create more credibility than advertising alone -Travellers often view referral information online -Builds consumer trust and may lead to additional cash business http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com
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Barter and Income Tax A guide for businesses engaged in barter transactions There isn't any doubt that starting a business and managing its day-to-day operations can be a costly endeavor. Quite often, business owners find that the company's budget simply doesn't stretch as far as they might have hoped, leading to diminished success and financial woes. There is, however, a way that businesses can drastically cut operational costs and allow for their companies to thrive. By bartering, either with other business and individuals, or via an indirect barter exchange network, companies can receive the goods and services that they need without having to spend cash. In order to get a better idea of just how bartering can be beneficial, let's take a closer look at the two most common types of bartering: direct and indirect barter. This free book explains how to deal with income tax from barter transactions, how to correctly record barter transactions and how to ensure that bartering has no negative effect on your end of year tax bill. Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. Bartering: -Allows a business to swap / exchange their own product or service for things they need -Reduces the cash outlay of the business -Every purchase is matched with a new sale -Purchase of international advertising, trade shows, translation, legal and accounting services etc -More sales result in more customer feedback and less cost for “give-away” samples Barter Provides a Mechanism to Improve the Balance Sheet -Goods acquired using barter are still counted as an increase in the assets of the business. -Bank capital guarantees reduce available lines of credit - barter capital does not. -Allows the organisation to meet assets and/or equity ratios for other (cash) subsidies and loans. -Lets a business obtain future international lines of credit guaranteed by countertrading operations. http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com http://www.barterforequity.com ------------------ This book does not constitute legal, financial, taxation or accounting advice of any sort. Readers are requested to seek professional advice from their own accountants, tax attorneys or other professionals. Ormita will not be held liable, under any circumstances, for any errors or omissions in this document. The contents of this book are copyright © 2013 Ormita Commerce Network Limited (“Ormita”). You may freely distribute copies of this publication provided that you do not alter the layout or design in any way including, but not limited to, removing the Ormita logo from this document.
Barter and Income Tax: How to handle tax if you do barter exchange transactions
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Daniel Evans
The Ormita Commerce Network provides businesses with the opportunity to increase their customer numbers, open new markets, access alternative (interest-free) finance and generate client referrals. Ormita is a closed network of businesses that prefer to buy from one another. Income earned from sales made to other businesses must be spent within the group. When you spend with your current suppliers there is often no guarantee that they, or others they do business with, will ever buy something back from you. These are “one-way” transactions because every cent you spend is money that you may never receive back. When you make purchases from others within the Ormita network, your trading relationships are based on reciprocity and mutual support. As a member of Ormita you are working with others to build a better, and fairer, business environment. If your business is not at 100% capacity all of the time then you have an opportunity to increase your revenue and reduce your current cash costs.
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Daniel Evans
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Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. -Allows a business to swap / exchange their own product or service for things they need -Reduces the cash outlay of the business -Every purchase is matched with a new sale -Purchase of international advertising, trade shows, translation, legal and accounting services etc -More sales result in more customer feedback and less cost for “give-away” samples Barter Provides a Mechanism to Improve the Balance Sheet -Goods acquired using barter are still counted as an increase in the assets of the business. -Bank capital guarantees reduce available lines of credit - barter capital does not. -Allows the organisation to meet assets and/or equity ratios for other (cash) subsidies and loans. -Lets a business obtain future international lines of credit guaranteed by countertrading operations. The use of networks such as Ormita can help countries to build solid industrial bases, by balancing purchases of foreign goods and services against domestic exports in a simple, but creative manner; while addressing World Bank and IMF concerns of “bilateralism” and anti-competitive behaviour. This form of trade finance has a multiplier effect as it increases overall purchasing power which helps to reduce unemployment, recover potentially depreciating (or lost) value and helps a country’s development. "International Trade Flows Facing The Global Credit Crunch: The Multilateral Barter Trade System". University of Turin, Italy. Faculty of Economics. March 2012 “Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.” "Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011. http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com http://www.barterforequity.com
About the Ormita Commerce Network Barter Exchange Platform
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Selina Markham
Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. Barter for Travel & Tourism Sector Recovers lost revenue -Turns previously unsold rooms into needed products and services -Takes customers away from competing brands or locations Improves profitability -Allows a business owner to “bank” previously unsold room space for later use. -Helps maintain advertising budgets regardless of cash sales Turns unsold rooms into a source of referrals for new cash sales -Referrals create more credibility than advertising alone -Travellers often view referral information online -Builds consumer trust and may lead to additional cash business http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com
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The Ormita Commerce Network Corporate Profile and other corporate information about the business. Discusses the benefits of barter and offset trade in a broader sense and the particular benefits of using Ormita to act as a facilitator for these types of transactions. See the Ormita website at www.ormita.com. Licensee and franchisee enquiries are available for those interested in barter, offset trade, reciprocal trade, counter-trade, community currencies etc. If you ever thought of owning your own barter exchange franchise this is your chance - Visit www.ormita.com or www.ormitacorporate.com
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Selina Markham
Ormita provides goods and services for airline companies on a 100% barter basis against new sales! Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. Brings New Customers Ormita brings new customers to a business, without affecting the existing cash sales already being generated by the company. This may result in more “word-of-mouth” referrals, an increased work-portfolio, more recommendations, improved organizational skills, higher visibility and more cash sales. Improves Cash-flow There are two ways to increase cash flow – reduce costs and create additional sales. Ormita does both! Ormita provides business owners the opportunity to acquire what they need with what they have and allows them to preserve their working capital for other needs. ------------- “In situations where tourism businesses need to save money there is the possibility to exchange their surplus for needed goods and services - like marketing - and thereby gain leverage in purchasing power. The gross margin becomes a form of discount on purchases when bartering that make less cash needed for operating the company. To make this systemic a commercial barter exchange may be used - also on an international level - which creates the opportunity to exchange multilaterally with other members within the same network. During the Great Depression in the 30's businesses used this system in Switzerland in order to maintain trade despite the lack of legal tender on the markets.” "Commercial Barter and Local Currencies in The Context of Tourism". Karlstad Business School, Sweden. June 2012 “Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.” "Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011. http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com http://www.barterforequity.com
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Promote your airline with international advertising, corporate gifts and products and services available on 100% barter today. Ormita offers a range of products and services to airlines all on 100% barter. Trade your excess seat or freight capacity for essential media buys worldwide. Visit the Ormita Commerce Network to find out more about products and services available on barter : http://www.barterforadvertising.com http://www.ormita.com http://www.barterforequity.com http://www.governmentbarter.com http://www.barterforprinting.com
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Barter for Advertising with Ormita! The Ormita Commerce Network is the world's largest multilateral barter exchange network. Ormita brings new customers to a business, without affecting the existing cash sales already being generated by the company. This may result in more “word-of-mouth” referrals, an increased work-portfolio, more recommendations, improved organizational skills, higher visibility and more cash sales. Ormita offers a way for businesses to supplement their existing income through the process of trading their excess capacity or slow moving inventory for things they need. Regardless of the amount of money in the economy a business owner can still make acquisitions, create more brand awareness, fund marketing campaigns, reward customers, improve staff moral and enhance their lifestyle by trading what they have for what they need. Bartering for your advertising and essential media campaigns via the Ormita Commerce Network Barter Exchange System. Ormita can put together an advertising and marketing campaign to suit your needs and you pay for it with 100% barter! What better way to use your surplus time or space to attract new cash paying customers? http://www.barterforadvertising.com
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In-kind giving" refers to contributions of goods and services that are of value to a non-profit organization. Businesses do it, corporations do it, and so do individual donors. This document discusses how in-kind donations can help non-profits meet their goals and provide a new revenue stream to the organisation without any manual handling of the goods or services donated. Unsold production time, empty rooms, unfilled advertising space, vacant appointment time, depreciating inventory, mislabelled stock, end-of-line items, last seasons merchandise, entry tickets and idle assets all have potential value which could be harnessed by your organization. See www.ormita.com for more information about how the Ormita Commerce Network can help your non-profit organisation (free of charge) facilitate its in-kind donations.
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At barterforce we take passion in saving businesses money by assisting them in trading their unbilled work hours and idle inventory for the goods and services they need. Our members gain new clients and earn barterdollars that are used to purchase goods and services that would usually require cash. Increase your sales and market share while reducing inventory, and minimize cash outlay for everyday business expenses. Leverage what you have to get what you need! Grow your business while saving money We provide you with an alternate distribution network by using barterdollars instead of cash to handle your transactions. Charge full retail value for goods and services in barterdollars instead of selling them for reduced cash rates or having them go unsold. We are committed to helping businesses of all sizes grow and achieve financial success. We combine technology, a community of businesses, and direct marketing channels to increase your customer base, grow sales, boost profit and improve cash flow.
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Barter for Airlines
Barter for airlines (nx power lite) 5
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Ormita Introduction and Workflow (ENG)
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The Ormita Commerce Network India presents new members for March 2014. You can save cash by trading through multilateral barter with the Ormita Commerce Network. Contact us to find out more. http://www.ormita.in
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The Ormita Commerce Network can bring your media company new clients while reducing your existing cash outlay. We do this through the process of multilateral barter. You can buy goods and services from any of our members and use that credit to spend with any different member in the network. Contact us to find out more today.
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Dare Magazine Article on Barter
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Ormita Commerce Network Barter Exchange www.ormita.com Global Barter Exchange Network. Barter Franchises and Licenses Available. Unsold appointment time, empty hotel rooms, unsold venue passes, unfilled advertising space, rapidly depreciating stock, end-of-line items or oversupplied products all represent lost revenue which otherwise will never be recovered. These unproductive or unsold assets are known as "dead capital" and there is an estimated 9.3 trillion dollars of it world-wide. It is Ormita’s mission to transform this otherwise lost profit into new income, investments and other benefits. Ormita works directly with Government Ministries, State Owned Enterprises, Fortune 500 Companies, Stock Exchange Listed Companies and a handful of carefully selected private corporations in 54 countries. The Ormita Commerce Network, its licensees, and subsidiaries operate under the master brand name ‘Ormita’ or ‘Ormita Barter’. We are the world’s largest multi-national barter network as measured by international transaction volume, country footprint and service offerings, and believed to be the second largest barter network in the world after the WIR Bank, (formerly known as the Swiss Economic Circle / Wirtschaftsring-Genossenschaft or WIR). We provide regular barter related information and offerings to more than 210,000 business and public sector clients through personnel operating in Australia, Canada, China, Egypt, Germany, Greece, Hong Kong, India, Indonesia, Iran, Italy, Macau, Mexico, New Zealand, Pakistan, Poland, South Africa, Sweden, Turkey, United Kingdom, United States of America and Zambia. For more information, please visit ormita.com. Barter Exchange Franchises www.ormita.com Barter Exchange Software www.ormita.com Barter Franchises www.ormita.com Barter Exchange www.ormita.com
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Micro Drain Product on Barter via the Ormita Commerce Network. Buy goods and services without paying cash using Ormita. Visit www.ormita.com
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An overview of barter and cashless trade from the Ormita Commerce Network
Barter and Trading
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Property on barter with the Ormita Commerce Network
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Ormita Singapore: New Members ending 7 March 2014. Ormita Commerce Network
Ormita Singapore: New Members ending 7 March 2014. Ormita Commerce Network
Ormita South Africa: the Ormita Commerce Network
Ormita South Africa: the Ormita Commerce Network
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Ormita: 21st March 2014 - New Members India
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Conference Package Barter - Ormita Commerce Network
Conference Package Barter - Ormita Commerce Network
Ormita UK - New Members til 28 Feb 2014
Ormita UK - New Members til 28 Feb 2014
Ormita South Africa - New Members 14 March 2014
Ormita South Africa - New Members 14 March 2014
Ormita Italy - Hotels on Barter 2014
Ormita Italy - Hotels on Barter 2014
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Ormita Daily Report 28 march 2014
Ormita Italy Media on Barter
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USA Media New Jan 2012
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Ormita Opportunity Summary
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What Is A
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What Ormita Provides
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