1-       What is BB-Barters?
The BB Barters system operates as a ‘Trade Exchange’ and wants to transform the traditional bartering into a modern business tool. Using the online technology and a backed cryptocurrency, we have created a flexible, secure and fully accountable way for businesses to trade their goods and services with other businesses world-wide. 
BB-barters facilitates and monitors the purchases (Debits) and sales (Credits) undertaken by members. These transactions are recorded electronically and its members will receive a monthly statement that summarises their transactions. Members can transact using the App and do their online transactions. In addition, the system promotes member businesses, and maintains and updates the members directory.
The vision for the BB- Barters community is to be the leading global market place where businesses connect and trade their goods and services.
2-       What businesses does BB-Barters work for?
BB Barters can work for any company that has the capacity to take on additional business. There are many case studies and trading tips available for members to study to see how BB-Barters can work for them.
3-       What type of businesses are BB-Barters members?
BBB-Barters is building a strong membership base across the world.  There are over 600 categories of businesses from a to z .
BB-Barters welcomes all industries and all businesses. Check out our member category listing to understand what businesses are in BB-Barters.
4-       What can I sell through BB-Barters?
You can sell almost anything through BB-Barters. Besides your own products and services there is nothing stopping you from selling something from home or even buying from a manufacturer or wholesaler at cost and then on-sell through BB-Barters. Your trading is only limited to the efforts you are willing to put in to be successful.
5-       How can I take advantage of using BB-barters?
There are many different ways to use BB-Barters to build your business and improve your lifestyle. Upon joining you will have access to many video tutorials and case studies on unique and creative ways to solve common business challenges. A dedicated Account Manager will also be available for you to discuss the many options that best suit your business and lifestyle needs.
6-       How does a transaction work?
A BB-Barters transaction is similar to a normal transaction but without intermediaries, and in the case of sales, you will receive cryptocurrency tokens, that can be exchange into cash.
Members can earn tokens for goods and services they sell, and this value is recorded electronically in their wallets. Members can use their wallet to spend their credit balance on goods and/or services from any other member. The flexibility of the system is that you don’t have to purchase from the same business that purchases from you; you can spend locally, nationally and internationally; You can sell now and buy later.
7-       Can I use BB-Barters business account for personal expenses?
Yes, if your business pays for some of your personal expenses, and you save money on expenses, then it makes sense to use BB Barters for this.
You can pay with tokens as a director’s dividends, drawings or loan. As a tip there is no Fringe Benefit Tax applicable if you deposit cash into your business and draw out the equivalent amount of tokens in exchange. There is further explanation of this on how to incorporate tokens into your payroll system in our creative business tips available for members. However, we always suggest members speak to their accountant regarding how best to implement these strategies into their business.
8-       Can I limit the amount of trading I do?
Yes, you can limit the amount of trading you do. We suggest that the members trade up to 10% to 15% of their total business turnover. We understand there are times when you may be operating at full capacity for a period or seasonally at your peak. Working with your Account Manager you’ll work out a plan for the amount of trading that best suits you and your business. You can start slowly and as you work with us to bring on more suppliers of your choice you can increase the amount of trade you do.
9-       What if none of my suppliers are in the BB-Barters system?
When you join, a comprehensive business analysis is conducted with the view to identify potential suppliers already available in our network. If there are insufficient suppliers available to suit your business requirements then BB-barters will work with you to bring on additional new suppliers to satisfy your needs. Many of our top trading members have successfully improved their business profitability by being proactive in their recommendation and referral of new suppliers to provide them with the products and services they need to run a successful business.
10-   How can I convert my tokens into cash?
The tokens can be trade for other crypto currency or by purchasing products or services with your tokens, you have already saved cash and kept that cash in your business. You can also buy items with your tokens and then on-sell them for regular cash, therefore converting tokens to cash. For example, a restaurant purchases wine on the system and then sells within the restaurant for cash.
11-       Can I charge part cash and part trade?
BB-Barters is a trading system. Upon joining, each member periodically trades by barter or for tokens. There are practical exceptions to this rule, barter rules allow some transactions, for example real estate, to be made with a minimum 20% barter component; transactions over $100,000 can be negotiated; and ongoing trade/cash supply agreements may be negotiated only with the prior written approval of BB-Barters’s authorized representative.
12-       Can I trade Overseas?
Yes, BB-Barters has the possibility to work overseas. In addition, we are negotiating arrangements with several other Trade Exchanges worldwide. There are many members who have now established new selling and buying markets internationally. Travel remains the favorite for members taking international holidays. They are paying for their holidays with new business and with their own goods and services.
13-       What is a token?
A token is a blockchain cryptocurrency that BB-Barters members, will use to transact with. For tax purposes please consult with your account manager.
14-       Is a tax invoice requires for barter transactions?
Yes, a tax invoice is required for a barter transaction as it is for any other business transaction. Where a member makes a taxable supply and the consideration is expressed in token credits, the fiscal invoice must meet all the usual requirements of a normal fiscal invoice with an exchange rate.
15-       Is BB-Barters a discount system?
No, BB-Barters is not considered a discount system as no member of the network uses the system for discounts on their products. It is also not a rewards or loyalty program and should not be compared to any reward system or fuel discount.
16-       Is BB-Barters part of a pyramid scheme?
No, BB-Barters is not a pyramid scheme or Ponzi scheme. Like any business, we seek to bring in new members to expand the network and provide new business opportunities for our members, as well as replace member-operated businesses that may have sold, closed, or are otherwise unable to continue operating. There is no hierarchical setup where existing members get rewards from new members further down a “hierarchy” using the network. Our philosophy, business model, and pricing structure are based on members transacting rather than simply becoming part of the network. We are using cryptocurrencies, but this currency is backed by the goods and services that are part of the system. Unlike common cryptocurrencies.
17-       What is the tax treatment for barter transactions?
Barter transactions are assessable and deductible for income tax purposes to the same extent as other cash or credit transactions. When an entity that is a member of a trade exchange makes a taxable supply to another member there is a tax liability, including goods and services tax. Tax refund and tax deductions are paid and received by members. The consideration paid for supplies between members of a trade exchange is the debiting of the recipient’s account and the consideration received is the crediting of the supplier’s account. For tax purposes, the exchange rate of the current official day between currencies is considered.
18-       Are goods more expensive on BB-Barters?
Just as you normally would, we recommend that you get quotes from a variety of companies before you decide to make a transaction. Normally, purchases in tokens tend to obtain better discounts than those made in barter. But to manage any form of overpricing, fair trade plays an important role in the spirit of our members. We advocate for pricing to be as consistent as possible; We must also understand that in a barter both parties take advantage of their goods and services in the fairest way and without using intermediaries.
19-       Are businesses rated on the experience of other members?
Yes, businesses can be rated through both your experience and other member experiences. This can be done via BB-Barters search and is going to be based on a star rating.
20-       Who benefits with bartering?
We all benefit of bartering, including the earth.