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IRTA Has Banner Year: Exceeds Goals in all Categories PDF Print E-mail
Written by Administrator   
Thursday, 17 December 2009 00:00

2009 has proved to be a banner year for The International Reciprocal Trade Association (IRTA) according to IRTA Executive Director Ron Whitney. “We have surpassed all of the goals that were set for 2009 in the categories of New IRTA Members and Universal Currency Membership and transaction volume.”


Last Updated on Thursday, 17 December 2009 13:31
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IRTA 2009 Legends of Barter Convention: Nostalgic and Educational, An Unqualified Success PDF Print E-mail
Written by Administrator   
Wednesday, 07 October 2009 00:00

"I want to thank you again for putting on a great conference in Dallas. I saw a lot of relationships being made, and a lot of business getting done. Not only for me, but for just about everyone else that attended."  Barry Cohen, BCL Soft


Last Updated on Thursday, 17 December 2009 13:32
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IRTA Doubles Membership in 23 Months PDF Print E-mail
Written by Administrator   
Wednesday, 30 September 2009 00:00

 

During the 2007 IRTA Convention the IRTA Global Board of Directors set the ambitious goal of doubling the IRTA Membership within the next 24 months.  

 

Recently released figures show that the goal was achieved and that over the past 23 months IRTA, the International Reciprocal Trade Association has doubled its worldwide membership rolls.

 

According to IRTA Global Board President David Wallach “this considerable membership increase is due to several factors, primarily it was the focused efforts of IRTA’s Executive Director, Ron Whitney.  The resurgence and visibility of the Modern Trade and Barter industry due to current economic conditions, and a spike in the number of barter exchange start-ups also played a part.”

 

 “I just did what I was brought in to do; membership growth was a major goal of the board.  Commented Whitney, “I was very fortunate to be able to do a membership drive during an economic climate where interest in our industry is on an upswing.”

 

New IRTA members include start-ups, mature exchanges and industry support groups from around the world.  New members are applying for a variety of reasons, including providing their companies with vital up to date industry government legislative news, association with standards and ethics, opportunities to forge relationships with peers and the chance to support the industries growth and viability within the marketplace.

 

Many of the new IRTA Members will attend the Historic 30th 2009 Annual IRTA Legends of Barter Convention to be held at the Magnolia Hotel Oct.1-3 in Dallas Texas.  Registrations for the Convention are at a historical high.  “This will be one amazing Convention", said IRTA member and UC Committee Chairman, Scott Whitmer President of Florida Barter, “it’s our 30th Anniversary and we have many of the most distinguished legends in the industry attending, along with a host of enthusiastic new comers to the industry, it is a good mix of the old, the new and everything in between – that’s what the modern IRTA is, a home and important resource for everyone in the industry.” The mission of IRTA is to provide all Industry Members with an ethically based global organization, dedicated to the advancement of Modern Trade and Barter and other Alternative Capital Systems, through the use of education, self regulation, and high standards.

 

 

 

 

 

Last Updated on Monday, 18 January 2010 13:31
 
IRTA Letter to USA Today PDF Print E-mail
Written by Administrator   
Thursday, 13 August 2009 00:00
Modern Trade & Barter Can Aid Economic Recovery
Letter to USA Today - March 4, 2009

USA TODAY's article "For Work That Will Cost one Laptop" was primarily focused on bartering between individuals. One-to-one bartering, or "ancient barter," was man's first method of commerce and is still widely practiced today. It does not significantly contribute to the gross domestic product, as stated in the article (News, Thursday).


Even so, business-to-business barter transactions generate $12 billion annually through the modern trade-and-barter industry.

Last year, more than 250,000 businesses in the U.S. used this process to earn additional revenue and profits. These companies are considered third-party record keepers pursuant to the Tax Equity and Fiscal Responsibility Act of 1982 and as such are required to make IRS 1099-B filings  for the barter transactions. Clearly, the organized barter industry is hardly an "underground economy," and it does indeed contribute to the nation's GDP.

With the current economic conditions, businesses are searching for innovative ways to capitalize and earn additional revenue, and they are finding these benefits by utilizing the services provided by the modern trade-and-barter industry. The industry is experiencing a major increase in barter transactions and applications for membership.

In our view, the industry is poised to provide a significant element in the economic recovery by supplying business capital that will lead to job creation and increases in production and consumption.

Ron D. Whitney
Executive Director, IRTA
524 Middle Street
Portsmouth, VA 23704
PH: 757-393-2292
FAX: 757-257-4014
Last Updated on Monday, 18 January 2010 13:16
 
July 2009 Newsletter PDF Print E-mail
Written by Administrator   
Friday, 17 July 2009 00:00

Click Here to view the July 2009 Newsletter

Last Updated on Thursday, 17 December 2009 14:09
 
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