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Bartercard Wins Business Tool of the Year


Bartercard, the worlds leading and largest trade exchange has been awarded “Business Tool of the Year” by one of the principal business publications, Business Britain magazine. This is a national, bi-monthly publication targeted at decision makers in business and it covers topics which are relevant to its readership, including areas that will assist in the future development of business. As an organisation formed 16 years ago in Australia, Bartercard is now an international business, which trades over $1.3 billion in reciprocal trade a year.

 This innovative business took an age old idea of barter and added a modern twist. Their method of exchange, using Trade Pounds, allows businesses worldwide to optimize their profitability and deal successfully with cash flow challenges.  In a battle that saw Bartercard beat off some tough competition, this award was well and truly deserved. Business Britain thoroughly looked into ways in which companies can improve efficiency and productivity, as well as maintain financial stability, through the introduction of a variety of business tools.  And, after all the research, Bartercard was deemed the leading provider in this category.

 In order to be named “Business Tool of The Year” Bartercard had to meet some rigorous criterion. The publication’s investigative journalism team had to assess the ease of implementation of the tool, additional services offered, customer relations, product demand and potential success for the future, financial viability and marketing promotion.  As a business that is based on good relations and is growing rapidly, it’s hardly surprising that Bartercard met each criterion with flying colours.  And it’s not as if they had the chance to fake it; none of the nominees were informed that the research and selection process was taking place. What the journalists experienced in their research was a true reflection of how the organisation conducts itself and its business on a daily basis.

Shane Dougall, General Manager of Bartercard said “We’re delighted to receive such an award. It’s always important to raise our profile. The more people who know about us, the more businesses we will have the opportunity to work with and help to turn their spare capacity into profit.

But more than this, the acknowledgement of Bartercard from a leading publication such as Business Britain helps to reinforce the credibility of trade through goods and services, which has always been viewed with a high degree of skepticism. This award demonstrates that finally people are beginning to see just how many avenues this form of exchange can open up for any business.”

As a business that is going from strength to strength, don’t be surprised to see a lot more of awards heading into Bartercard’s trophy cabinet in the future.

 
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