An association of businesses formed for the purpose of trading with one another, using mutual credit to keep account.
Typically the lead business will run the exchange, performing a brokering services and providing (or renting) an online marketplace for members to meet their reciprocal needs and register their transactions.
Also known as business barter Thousands of trade exchanges exist, some independent and some belonging to regional or global networks.
There are numerous benefits to business bartering, some of which include, large referral network of businesses/services, easing cash flows problems/saving cash, filling empty time slots (professionals, stylists, etc.
), filling empty hotel rooms, unloading excess inventory, using trade to attract cash customers (advertising), gaining access to a directory of other member businesses, from which they can purchase and sell dollar for dollar.