What is Barter?
Quite simply, barter is the ability to purchase goods and services by paying with your own goods and services. 

Why Barter?
Every business needs products and services from other businesses. Like most businesses, you are probably accustomed to paying cash for these products and services. By participating in the Wise Exchange you can trade your products, skills and services for your business needs. Large and small businesses across the nation trade their goods and services every day, saving cash. Organized trade is the opportunity for a business to pay overhead with the wholesale value of its products or services, rather than with retail cash income.

How Does a Trade Exchange Operate?
The Wise Exchange plays an integral part in arranging trades with its member businesses. Our primary responsibility is to solicit select businesses that have proven themselves reputable in the business community. They must operate with total honesty and have a reputation that is above reproach. These businesses must also have products or services that meet the specific or anticipated needs of our existing clients. We also assume the responsibility of assisting these businesses in promoting their goods and services within the trade community. Wise Exchange members, together, form a network to trade their goods and services to improve their competitive edge and promote each other.

How Are Prices Set in Barter?
Prices quoted to Wise Exchange members are the same as prices quoted to cash paying customers. Business owners are educated shoppers. Barter is simply a mode of payment - just like a credit card or cash.

Are There Tax Advantages?
There are no tax advantages or disadvantages to bartering. Cash purchases that are typically tax deductible as business expenses are also tax deductible when purchased on trade. The Wise Exchange provides each of its member businesses with a 1099B at the end of the year. The Wise Exchange acts as a third party record keeper.

Are There Any Fees?
Typically a trade exchange will charge cash fees ranging from 10% to 15% of the trade transaction. As a participant in the Wise advertising program all fees are paid in trade; there are NO cash fees. See our Terms and Conditions for complete details.

How Do I Make a Trade?
No need to call a local trade exchange broker to ask for permission to request and complete a trade. Just Find – Click – Trade… Find your trading partner on-line, Click to request the trade, and the Trade is completed. Of course if you need to, you can contact one of our “Trade Advisors” for help.

Is Trade Scrip Available?
“Scrip” – which is like a Gift Certificate that can be used for any purchase in a store -- is available for the majority of the Wise Exchange members. Just visit your Trading Partner’s store; select what you want to purchase; give the scrip to the cashier to redeem, and walk out with your merchandise. 

How do I start Trading?
You will receive an orientation on how to use our on-line trading website. Wise will provide a “credit” into your account when you start, and you can use this credit to trade as you build up your own trade credits. The size of the “credit” depends on your business history and, over time, your trading history with Wise.

How Do I Join The Wise Exchange?
Simply Contact Us and we will help you get started.