Ormita Commerce Network Barter Exchange www.ormita.com
Global Barter Exchange Network. Barter Franchises and Licenses Available.
Unsold appointment time, empty hotel rooms, unsold venue passes, unfilled advertising space, rapidly depreciating stock, end-of-line items or oversupplied products all represent lost revenue which otherwise will never be recovered.
These unproductive or unsold assets are known as "dead capital" and there is an estimated 9.3 trillion dollars of it world-wide.
It is Ormita’s mission to transform this otherwise lost profit into new income, investments and other benefits.
Ormita works directly with Government Ministries, State Owned Enterprises, Fortune 500 Companies, Stock Exchange Listed Companies and a handful of carefully selected private corporations in 54 countries.
The Ormita Commerce Network, its licensees, and subsidiaries operate under the master brand name ‘Ormita’ or ‘Ormita Barter’. We are the world’s largest multi-national barter network as measured by international transaction volume, country footprint and service offerings, and believed to be the second largest barter network in the world after the WIR Bank, (formerly known as the Swiss Economic Circle / Wirtschaftsring-Genossenschaft or WIR).
We provide regular barter related information and offerings to more than 210,000 business and public sector clients through personnel operating in Australia, Canada, China, Egypt, Germany, Greece, Hong Kong, India, Indonesia, Iran, Italy, Macau, Mexico, New Zealand, Pakistan, Poland, South Africa, Sweden, Turkey, United Kingdom, United States of America and Zambia. For more information, please visit ormita.com.
Barter Exchange Franchises www.ormita.com Barter Exchange Software www.ormita.com Barter Franchises www.ormita.com Barter Exchange www.ormita.com
Ormita provides goods and services for airline companies on a 100% barter basis against new sales!
Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries.
Brings New Customers
Ormita brings new customers to a business, without affecting the existing cash sales already being generated by the company. This may result in more “word-of-mouth” referrals, an increased work-portfolio, more recommendations, improved organizational skills, higher visibility and more cash sales.
Improves Cash-flow
There are two ways to increase cash flow – reduce costs and create additional sales. Ormita does both! Ormita provides business owners the opportunity to acquire what they need with what they have and allows them to preserve their working capital for other needs.
-------------
“In situations where tourism businesses need to save money there is the possibility to exchange their surplus for needed goods and services - like marketing - and thereby gain leverage in purchasing power. The gross margin becomes a form of discount on purchases when bartering that make less cash needed for operating the company. To make this systemic a commercial barter exchange may be used - also on an international level - which creates the opportunity to exchange multilaterally with other members within the same network. During the Great Depression in the 30's businesses used this system in Switzerland in order to maintain trade despite the lack of legal tender on the markets.”
"Commercial Barter and Local Currencies in The Context of Tourism". Karlstad Business School, Sweden. June 2012
“Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.”
"Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011.
http://www.barterforadvertising.com
http://www.barterforprinting.com
http://www.agriculturalbarter.com
http://www.governmentbarter.com
http://www.ormitacorporate.com
http://www.ormita.com
http://www.barterforequity.com
About the Ormita Commerce Network Barter Exchange PlatformSelina Markham
Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries.
-Allows a business to swap / exchange their own product or service for things they need
-Reduces the cash outlay of the business
-Every purchase is matched with a new sale
-Purchase of international advertising, trade shows, translation, legal and accounting services etc
-More sales result in more customer feedback and less cost for “give-away” samples
Barter Provides a Mechanism to Improve the Balance Sheet
-Goods acquired using barter are still counted as an increase in the assets of the business.
-Bank capital guarantees reduce available lines of credit - barter capital does not.
-Allows the organisation to meet assets and/or equity ratios for other (cash) subsidies and loans.
-Lets a business obtain future international lines of credit guaranteed by countertrading operations.
The use of networks such as Ormita can help countries to build solid industrial bases, by balancing purchases of foreign goods and services against domestic exports in a simple, but creative manner; while addressing World Bank and IMF concerns of “bilateralism” and anti-competitive behaviour. This form of trade finance has a multiplier effect as it increases overall purchasing power which helps to reduce unemployment, recover potentially depreciating (or lost) value and helps a country’s development.
"International Trade Flows Facing The Global Credit Crunch: The Multilateral Barter Trade System". University of Turin, Italy. Faculty of Economics. March 2012
“Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.”
"Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011.
http://www.barterforadvertising.com
http://www.barterforprinting.com
http://www.agriculturalbarter.com
http://www.governmentbarter.com
http://www.ormitacorporate.com
http://www.ormita.com
http://www.barterforequity.com
Learnings, observations and notes from my 2011-12 journey with start-ups. Presentation made the X Media Labs, Sydney June 2012 event. This deck also covers thoughts on cross border corridors connecting start-ups and start-up collaboration opportunities between India and Australia.
Successful online selling - Strategies for Offline Brands and RetailersRajiv Prakash
This is a guide to setting up successful eCommerce businesses and to successful online retailing in India by offline brands and retailers. It covers the business case elements, omnichannel design, online retail model options, capabilities and elements of financial model.
Ormita provides goods and services for airline companies on a 100% barter basis against new sales!
Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries.
Brings New Customers
Ormita brings new customers to a business, without affecting the existing cash sales already being generated by the company. This may result in more “word-of-mouth” referrals, an increased work-portfolio, more recommendations, improved organizational skills, higher visibility and more cash sales.
Improves Cash-flow
There are two ways to increase cash flow – reduce costs and create additional sales. Ormita does both! Ormita provides business owners the opportunity to acquire what they need with what they have and allows them to preserve their working capital for other needs.
-------------
“In situations where tourism businesses need to save money there is the possibility to exchange their surplus for needed goods and services - like marketing - and thereby gain leverage in purchasing power. The gross margin becomes a form of discount on purchases when bartering that make less cash needed for operating the company. To make this systemic a commercial barter exchange may be used - also on an international level - which creates the opportunity to exchange multilaterally with other members within the same network. During the Great Depression in the 30's businesses used this system in Switzerland in order to maintain trade despite the lack of legal tender on the markets.”
"Commercial Barter and Local Currencies in The Context of Tourism". Karlstad Business School, Sweden. June 2012
“Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.”
"Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011.
http://www.barterforadvertising.com
http://www.barterforprinting.com
http://www.agriculturalbarter.com
http://www.governmentbarter.com
http://www.ormitacorporate.com
http://www.ormita.com
http://www.barterforequity.com
About the Ormita Commerce Network Barter Exchange PlatformSelina Markham
Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries.
-Allows a business to swap / exchange their own product or service for things they need
-Reduces the cash outlay of the business
-Every purchase is matched with a new sale
-Purchase of international advertising, trade shows, translation, legal and accounting services etc
-More sales result in more customer feedback and less cost for “give-away” samples
Barter Provides a Mechanism to Improve the Balance Sheet
-Goods acquired using barter are still counted as an increase in the assets of the business.
-Bank capital guarantees reduce available lines of credit - barter capital does not.
-Allows the organisation to meet assets and/or equity ratios for other (cash) subsidies and loans.
-Lets a business obtain future international lines of credit guaranteed by countertrading operations.
The use of networks such as Ormita can help countries to build solid industrial bases, by balancing purchases of foreign goods and services against domestic exports in a simple, but creative manner; while addressing World Bank and IMF concerns of “bilateralism” and anti-competitive behaviour. This form of trade finance has a multiplier effect as it increases overall purchasing power which helps to reduce unemployment, recover potentially depreciating (or lost) value and helps a country’s development.
"International Trade Flows Facing The Global Credit Crunch: The Multilateral Barter Trade System". University of Turin, Italy. Faculty of Economics. March 2012
“Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.”
"Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011.
http://www.barterforadvertising.com
http://www.barterforprinting.com
http://www.agriculturalbarter.com
http://www.governmentbarter.com
http://www.ormitacorporate.com
http://www.ormita.com
http://www.barterforequity.com
Learnings, observations and notes from my 2011-12 journey with start-ups. Presentation made the X Media Labs, Sydney June 2012 event. This deck also covers thoughts on cross border corridors connecting start-ups and start-up collaboration opportunities between India and Australia.
Successful online selling - Strategies for Offline Brands and RetailersRajiv Prakash
This is a guide to setting up successful eCommerce businesses and to successful online retailing in India by offline brands and retailers. It covers the business case elements, omnichannel design, online retail model options, capabilities and elements of financial model.
Top 100 des acteurs du secteur Aéronautique et Défense 2013PwC France
http://pwc.to/1b3lSOP
Découvrez la 16ème édition de notre Top 100 des acteurs du secteur Aéronautique et Défense réalisé en partenariat avec Flight International.
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Panel Discussion - Exploring a New Era: Shareholder Authentication and Alternatives to Medallion Signature Guarantees
Moderator: Sandy Morris, American Century Investments
Panelists: Carrie Caruther, Priority Investors; Joya Favors, Northern Trust; Jay Sterling, Thrivent Financial
Strategic Planning, Execution Frameworks & Organizational Health – Executive Summary
There are many frameworks and components for strategic management, planning, and execution; like a Ferrari, a BMW, or a Volkswagen, they all do the job – just differently. Ultimately, every business needs to answer some key questions:
Where are we? Where are we going? How do we get there? How are we doing? How do we function effectively? How can we influence what we cannot control? How should we appear to Customers (BtoB, BtoC)? How do we look to our investors? How do we look to our workforce? How do we sustain, and continuously learn & improve? What must we excel at to satisfy stakeholders? How do we become The Employer of Choice, and the Provider of Choice in the markets we serve?
Led by an internal team (which frequently includes the CEO, CFO, COO, CHRO, sales & marketing, IT/IS, and other represented disciplines), and sometimes also key stakeholders (customers, suppliers), the output is practical & tactical, helping to enable sterling execution & organizational health.
Strategic management is a method by which leaders conceive of and implement a strategy that leads to a sustainable competitive advantage.
Strategic planning is a systematic, organizational effort that includes initial assessment, thorough analysis, strategy formulation, its implementation and evaluation, leading to the achievement of business goals, and competitive advantage. Continuous improvement / continuous learning includes benchmarking, best practices, change management, and performance excellence. Input frequently comes from senior management, and may also come from lead investors, the workforce, key customers, suppliers, and distributors.
Execution frameworks help align the organization’s talent, organizational structure, programs, projects, tasks, processes, and technology, to ensure strategy is executed on time, on budget, as required, meeting (and exceeding) business goals. In many instances, an execution framework has few strategic objectives, numerous (enabling) tactical initiatives, measures, and targets, plans operations, monitors and learns, validates & adapts, supported by budget & resources.
Organizational health is about making a company function effectively by building a cohesive leadership team, establishing real clarity among those leaders, communicating that clarity to everyone within the organization, and putting in place enough structure to reinforce that clarity going forward, and aligning rewards, metrics, and resources.
Applications of Cleanrooms in Various Industry Presented by Multilab, Chennai www.multilab.biz
Now a days cleanrooms are more common in all range of industries where the products require controlled environment for their manufacturing.
Cleanrooms are widely used in industries like
Application of Cleanrooms
Biotechnology Industries
Semicondutor Manufacturers
Medical Device Manufacturers
Food and Beverages
Hospitals and Health Care Centres
Research Institutes
Microelectronics
Pharmaceutical Manufacturing
Optical lense Manufacturing Industries
Aerospace Engineering
Lense Manufacturing
Valve Manufacturers
Automobile Industries
AND MANY MORE ...
Bbx India Franchise, Global Business OppourtinityAnup Dutta
BBX is a platform for business to trade amongst each other without use of cash. They use their own G&S as a currency to purchase other business G&S cashless
Top 100 des acteurs du secteur Aéronautique et Défense 2013PwC France
http://pwc.to/1b3lSOP
Découvrez la 16ème édition de notre Top 100 des acteurs du secteur Aéronautique et Défense réalisé en partenariat avec Flight International.
TV //BU797。СΟΜ// TV //LG77。XYZ// TV //BU797。СΟΜ// TV 『LG777』.『XYZ』 TV 『BU797』.『COM』 TV 『BU797』.『COM』 TV 『BU797』.『COM』 TV //BU797。СΟΜ// TV 『LG777』.『XYZ』 TV \【 FUN88。CO。KR】\ TV 『BU797』.『COM』 TV //BU797。СΟΜ// TV 『BU797』.『COM』 TV \【 FUN88。CO。KR】\ TV 『LG777』.『XYZ』 TV //LG77。XYZ// TV 『LG777』.『XYZ』 TV \【 FUN88。CO。KR】\ TV 『LG777』.『XYZ』 TV 『LG777』.『XYZ』 TV 『LG777』.『XYZ』 TV \【 FUN88。CO。KR】\ TV 『LG777』.『XYZ』 TV 『BU797』.『COM』 TV 『LG777』.『XYZ』 TV //LG77。XYZ// TV 『BU797』.『COM』 TV 『BU797』.『COM』 TV //BU797。СΟΜ// TV 『BU797』.『COM』 TV //LG77。XYZ// TV //BU797。СΟΜ// TV 『LG777』.『XYZ』 TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV //LG77。XYZ// TV 『LG777』.『XYZ』 TV 『BU797』.『COM』 TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV 『BU797』.『COM』 TV //LG77。XYZ// TV 『LG777』.『XYZ』 TV 『LG777』.『XYZ』 TV 『BU797』.『COM』 TV //LG77。XYZ// TV //BU797。СΟΜ// TV //BU797。СΟΜ// TV //LG77。XYZ// TV 『BU797』.『COM』 TV //LG77。XYZ// TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV 『LG777』.『XYZ』 TV 『LG777』.『XYZ』 TV 『LG777』.『XYZ』 TV //LG77。XYZ// TV 『LG777』.『XYZ』 TV //LG77。XYZ// TV //LG77。XYZ// TV 『LG777』.『XYZ』 TV \【 FUN88。CO。KR】\ TV //BU797。СΟΜ// TV 『BU797』.『COM』 TV 『LG777』.『XYZ』 TV \【 FUN88。CO。KR】\ TV //LG77。XYZ// TV 『BU797』.『COM』 TV \【 FUN88。CO。KR】\ TV \【 FUN88。CO。KR】\ TV 『LG777』.『XYZ』 TV 『BU797』.『COM』 TV \【 FUN88。CO。KR】\ TV 『LG777』.『XYZ』 TV //LG77。XYZ// TV 『BU797』.『COM』
Panel Discussion - Exploring a New Era: Shareholder Authentication and Alternatives to Medallion Signature Guarantees
Moderator: Sandy Morris, American Century Investments
Panelists: Carrie Caruther, Priority Investors; Joya Favors, Northern Trust; Jay Sterling, Thrivent Financial
Strategic Planning, Execution Frameworks & Organizational Health – Executive Summary
There are many frameworks and components for strategic management, planning, and execution; like a Ferrari, a BMW, or a Volkswagen, they all do the job – just differently. Ultimately, every business needs to answer some key questions:
Where are we? Where are we going? How do we get there? How are we doing? How do we function effectively? How can we influence what we cannot control? How should we appear to Customers (BtoB, BtoC)? How do we look to our investors? How do we look to our workforce? How do we sustain, and continuously learn & improve? What must we excel at to satisfy stakeholders? How do we become The Employer of Choice, and the Provider of Choice in the markets we serve?
Led by an internal team (which frequently includes the CEO, CFO, COO, CHRO, sales & marketing, IT/IS, and other represented disciplines), and sometimes also key stakeholders (customers, suppliers), the output is practical & tactical, helping to enable sterling execution & organizational health.
Strategic management is a method by which leaders conceive of and implement a strategy that leads to a sustainable competitive advantage.
Strategic planning is a systematic, organizational effort that includes initial assessment, thorough analysis, strategy formulation, its implementation and evaluation, leading to the achievement of business goals, and competitive advantage. Continuous improvement / continuous learning includes benchmarking, best practices, change management, and performance excellence. Input frequently comes from senior management, and may also come from lead investors, the workforce, key customers, suppliers, and distributors.
Execution frameworks help align the organization’s talent, organizational structure, programs, projects, tasks, processes, and technology, to ensure strategy is executed on time, on budget, as required, meeting (and exceeding) business goals. In many instances, an execution framework has few strategic objectives, numerous (enabling) tactical initiatives, measures, and targets, plans operations, monitors and learns, validates & adapts, supported by budget & resources.
Organizational health is about making a company function effectively by building a cohesive leadership team, establishing real clarity among those leaders, communicating that clarity to everyone within the organization, and putting in place enough structure to reinforce that clarity going forward, and aligning rewards, metrics, and resources.
Applications of Cleanrooms in Various Industry Presented by Multilab, Chennai www.multilab.biz
Now a days cleanrooms are more common in all range of industries where the products require controlled environment for their manufacturing.
Cleanrooms are widely used in industries like
Application of Cleanrooms
Biotechnology Industries
Semicondutor Manufacturers
Medical Device Manufacturers
Food and Beverages
Hospitals and Health Care Centres
Research Institutes
Microelectronics
Pharmaceutical Manufacturing
Optical lense Manufacturing Industries
Aerospace Engineering
Lense Manufacturing
Valve Manufacturers
Automobile Industries
AND MANY MORE ...
Bbx India Franchise, Global Business OppourtinityAnup Dutta
BBX is a platform for business to trade amongst each other without use of cash. They use their own G&S as a currency to purchase other business G&S cashless
Why every business must consider the platform (or C2C) trendBernard Marr
If you haven’t yet heard of the customer-to-customer (C2C) economy, you’ve almost certainly participated in it. It’s where customers connect with other customers to communicate or trade goods/services, usually via an intermediary platform like Facebook, Uber or Etsy.
Explains barter exchange network systems, how they operate, the benefits to small business and the downfalls of some exchanges. Also talks about currency inflation, business management and how barter exchanges operate. Goes into detail about the Ormita Commerce Network Barter Exchange, barter exchange franchises, www.ormita.com and other information as well as presenting the global infrastructure of the Ormita Commerce Network in this totally recession proof industry.
Greg Carson of XBTO Humla Ventures, Venture Capital/Digital Asset fund manager at the marcus evans Private Wealth Management Summit 2022, and the Elite Summit 2022, discusses the financial markets transformation, and what investment opportunities investors must consider.
The Ormita Commerce Network Corporate Profile and other corporate information about the business.
Discusses the benefits of barter and offset trade in a broader sense and the particular benefits of using Ormita to act as a facilitator for these types of transactions.
See the Ormita website at www.ormita.com.
Licensee and franchisee enquiries are available for those interested in barter, offset trade, reciprocal trade, counter-trade, community currencies etc. If you ever thought of owning your own barter exchange franchise this is your chance - Visit www.ormita.com or www.ormitacorporate.com
The 9 Most Successful Business Models Of TodayBernard Marr
Times are changing so fast, particularly in the world of business. How businesses interact with their customers, how companies innovate, and even the very business models that organisations are built on – all are undergoing rapid change.
If you’re leading a company – whether it’s small or large, a brand-new start-up or an established business – you’ll need to understand the latest business models and assess how they might apply to your company.
The Ormita Commerce Network provides businesses with the opportunity to increase their customer numbers, open new markets, access alternative (interest-free) finance and generate client referrals.
Ormita is a closed network of businesses that prefer to buy from one another. Income earned from sales made to other businesses must be spent within the group.
When you spend with your current suppliers there is often no guarantee that they, or others they do business with, will ever buy something back from you. These are “one-way” transactions because every cent you spend is money that you may never receive back.
When you make purchases from others within the Ormita network, your trading relationships are based on reciprocity and mutual support.
As a member of Ormita you are working with others to build a better, and fairer, business environment.
If your business is not at 100% capacity all of the time then you have an opportunity to increase your revenue and reduce your current cash costs.
Ormita Singapore: New Members ending 7 March 2014. Ormita Commerce NetworkDaniel Evans
Ormita Commerce Network Singapore. New Members ending 7th March 2014. For a complete list of members please go online to http://www.ormita.sg and find out more. Ormita Commerce Network - your barter exchange network.
Ormita South Africa: the Ormita Commerce NetworkDaniel Evans
The Ormita Commerce Network South Africa Barter Exchange. Save cash and get new customers by joining the Ormita Commerce Network in South Africa. Find out more at http://www.ormita.co.za
Barter at it's best.
Ormita: 21st March 2014 - New Members IndiaDaniel Evans
The Ormita Commerce Network India presents new members for March 2014. You can save cash by trading through multilateral barter with the Ormita Commerce Network. Contact us to find out more. http://www.ormita.in
The Ormita Commerce Network : Multilateral barter solutions for businesses looking to offset their fixed costs with new sales that we bring you. Ormita can help you increase your revenues, get more reference clients and pay for existing expenses with this new income. Contact us for more information
Ormita Commerce Network Member Information PackDaniel Evans
Member information pack for the Ormita Commerce Network. How to trade using the Ormita Commerce Network B2B barter platform. Call Ormita today to find out how we can help your business grow.
Do you have depreciating stocks or excess inventory? The Ormita Commerce Network can help turn these into essential goods and services that you need. Contact Ormita today.
Barter for Media Companies: Ormita Commerce NetworkDaniel Evans
The Ormita Commerce Network can bring your media company new clients while reducing your existing cash outlay. We do this through the process of multilateral barter. You can buy goods and services from any of our members and use that credit to spend with any different member in the network. Contact us to find out more today.
Ormita: Ormita Commerce Network business to business barter exchange presentation. Contact us today to see how we can help your business save cash and attract new clients. http://www.ormita.com
Attracting asian travellers to your resort or hotel. The Ormita Commerce Network brings you customers that you need to fill your off-peak rooms. You use this new revenue to buy products and services that you need. Visit http://www.ormitausa.com to find out more.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
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What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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1. Barter your way to Success!!!
In an era when the industry is embracing the slogan, “Cash Conserved is
Cash Earned” on its sleeve, barter is the strategy many think of
/Nimesh Sharma
Source: ormita.co.in
H
aving evolved from a most Ask Ashok Gupta of Dynasty Resorts.
BARTER (bar¦ter) (Verb) ancient system, barter to- Gupta who engages in bartering
exchange (goods or services) for day has acquired immense resort rooms with his trade part-
other goods or services without significance among the business ners and has dealt with many barter
using money: community, from the perspective of companies, says we barter for ap-
e.g., I. he often bartered a meal saving costs and minimizing unuti- prox Rs 10 lakh in a year wherein
for drawings lized assets. we receive goods like linen, gift
II. they were able to buy or In an era when the industry is items, toiletries, furniture, mattress-
barter for most of what embracing the slogan, “Cash Con- es and even media ads to save costs
they needed served is Cash Earned” on its sleeve, which are not trivial and to avoid
barter is the strategy many think of. cash outgo.
AUGUST 010 | xx x xxxxxx | dAre.co.in
2. However, it is not trivial to land Barter Industry Internationally
a barter deal. Most SMEs find it dif- Size of barter industry globally: Vital Stats
ficult to initiate the process. To such
people help is at hand. A mini indus-
try of intermediaries is thriving in In-
unproductive/unsold assets/Dead capital globally USD 9.3 trillion
dia which helps companies identify
and match their barter requirements.
Barter Trade’s pie of world’s total business 30%
Some of them even help the compa-
nies to complete the barter transac-
Share of Fortune 500 companies barter 70%
80%
tion either online or offline using
Share of media corporations using barter (Acc to AAA)
time-tested processes.
In India, barter industry has
bloomed in niches and corners.
Companies such as Net4barter, One-
Share of NYSe listed companies doing barter 65%
uptrade, Tradex, BarterBiz, Benefit
Barter offer intermediary services to
Number of businesses engaging in formalized
non-cash transactions in uS
400,000
enterprises, each with a differenti-
ated offering. While profitable, their
scale is not comparable with the
Number of barter exchanges in uS
800 approx
companies in the international mar-
ket, especially the US where there
are about 800 barter exchanges, and
Share of business transactions as
barter in Switzerland
30% = USD 6 billion
approx 400,000 businesses engage in
formalized non-cash transactions.
Meanwhile India boasts of about ten mum Rs 10-15 crore in terms of an- direct barter. They market your prod-
sizaeable barter exchanges. nual barter transactions. In the next ucts or services, eliminate the need
Competition is hotting up a bit five years it is estimated that media for one to one barter, get new custom-
in this sector. International barter barter alone will account for Rs 200 ers, act as escrow agent and source
companies like Ormita Commerce crore, retail barter industry is likely new suppliers for your business. They
Network and BBX are making their to log in a whopping Rs 3,000 crore even record the value of barter trans-
entry into India. Ormita Commerce and corporate barter will account for actions for you online and the really
Network commenced its operations Rs 500 crore. The biggest barter ex- good ones provide you with multiple
in April 2010. They are trying to gain changes is expected to do a business medium to transact – Online fund
ground using their brand name, rep- of about Rs 50-100 crore in a year. transfer, manual transactions, debit
utation and international network. card online, fax transactions, phone
It has already acquired close to 300 Where should you begin banking and features like multiple
clients, including some big names, with bartering? currency dealings.
in their three to four months of In- Well, as a starter, ask your clients/ Rajesh Kukreja, Optima Watches
dian existence. suppliers if they can barter (partially) who has dealt with a number of bar-
With barter becoming a main- a part of their requirements/supplies ter exchanges bartering watches for
stream strategy for companies across with you, with cash forming only a gifts and for advertising says, “Get-
the board, this is generally seen as part of the deal or zero if possible. ting the help of a bartering exchange
an opportunity by industry insiders. However, you should already know is a good idea for companies to gar-
Puneesh Mehra, CEO, Oneuptrade, to what use you will put the items ner extra business.”
expects the bartering industry to acquired. For instance, you can trade However, you need not confine
reach a size of Rs 5000 crore in the air conditioners for advertising with yourself to just one form of barter.
next five years. your client. You can opt for media Barter wherein
A number of organisations already you offer your goods for media space
Barter scene in India barter directly with their clients. How- for your organization which could
Currently, the barter companies in ever, its not always possible to barter be print, online, radio, TV, out-of-
India charge five to ten percent fee directly. In such cases, barter exchang- home (hoarding, etc) or B2B barter
on the transactions and the biggest es come handy. Barter exchanges do is another option which essentially
ones are doing a business of maxi- what is difficult or impossible to do in means bartering with a corporate cli-
dAre.co.in | xx x xxxxxx | AUGUST 010
3. rohit Mahajan
Co-founder of Ormita India,
and a veteran investment
banker, on the barter
industry in India
Why should a business barter? new sales-–not existing cash income or by and offset these expenses incurred on a
As a business, you have several goals for giving goods and services non-cash basis through incremental (new)
yourself. Bartering helps you achieve them • It promotes local business sales. Once those expenses are covered,
with little more ease as you have the support At Ormita Commerce Network we facilitate however, by existing cash business, then
of a barter eco-system. Business can benefit our members to transfer their existing every additional customer through Ormita
in the following ways through barter: ongoing cash expenses to non-cash basis is new revenue, with a higher margin
• Reduces existing cash costs and saves of profit.
cash as you make purchases out of All this is done by arranging local
revenue generated from new sales-–not It may be easier for networking meetings, online trading
existing cash reserves platform, producing an electronic and
• Creates value from under-performing bigger players to start a printed membership directory, sending
assets/unsold time or capacity. Time- barter exchange, but it's email and SMS broadcasts of latest deals
sensitive products, space, tickets or and distributing regular newsletters to
services are unrecoverable if not sold. quite difficult for a small participants.
Receive more value than discounting business to do so, as this
• Lets participants buy goods and services What best practices a barter exchange
at a discount. Use your spare time, excess
requires a very efficient should observe so that the barter
capacity, depreciating inventory, etc to team, transparent policies industry takes over a good part of Indian
make purchases and efficient business?
• Offers interest-free finance with no cash Trade can be a valuable tool for any business,
repayments. Repay borrowings out of IT infrastructure. however the value of any trade credit is only
AUGUST 010 | xx x xxxxxx | dAre.co.in
4. as good as the company managing it. Be sure
to ask questions, do your research and never Media company Walt
hand over money until you know that you have Disney entered into a barter Hollywood movie stars
a way (and a plan) to spend as well as earn. deal with News Corp and often choose to accept the
1. Ask to see their corporate profile, NBC Universal wherein it will barter option rather and take
including directors, business structure, provide free Disney content to be an ownership stake in the film
vision and mission aired on their website Hulu.com while passing on upfront fees
and in lieu, has taken an for starring in a movie.
2. Do an Internet search on the company, its equity stake in the site.
management and its owners
3. Ask to see their marketing materials/sales Some examples
literature to see the different aspects of of high-profile
its business
4. Find out about the financial management barters done
skills and qualifications of the owners to Internationally
ensure safeguarding of your assets Universal Studios Home
5. Assess the integrity of other members Video, Twentieth Century Fox Hollywood Actor Bruce Willis
6. Find out if there is anything to buy. Make and SKG have negotiated a barter took a 3.3 percent barter equity
a list of all the products and services you deal with kozmo.com wherein it stake in Belvedere, the French
has taken non-cash equity stakes spirits group, as payment for
purchase regularly and make sure that the promoting its vodka brand
and is providing Kozmo with videos
exchange offers at least some of these on Sobieski Vodka.
and DVDs at lower prices.
an ongoing basis
7. Ask if they charge a fee when you buy,
sell, or both. Your total fees (buy plus sell)
should be less than 10 percent
8. Ask the Exchange to explain their credit ent/supplier, exchanging goods or some exchanges charge, if you don't
management policies and accounting services mutually. You can also bar- utilise the services fully. As some ex-
procedures for its own financial viability ter through a barter exchange. Here changes buy on barter, and sell on
9. Request a copy of their policy on ‘deficit you could get a whole lot of services/ cash and vice-versa, you may feel
accounts'. Have from them in writing goods with more diverse variety, with cheated as your product is sold at
that they do not, and will not, operate a
clients ranging from corporate to re- inflated price which may dilute your
deficit account
tail. See the benefits below in the ar- brand equity. Additionally, if you are
10. Make sure you can sell, but also that
your income won’t exceed your ability ticle. You should choose an exchange not negotiating enough, you may
to purchase which lets you meet and negotiate end up paying a fee on both selling
11. Find out how to perform transactions. with other barter members. If you are as well as buying, which will increase
Do they offer multi-channel support for doing retail Barter, you are barter- your cost.
the trading? ing with your multiple retail clients However inspite of all these cons,
12. Investigate their accessibility and office which is probably the model followed Barter Exchanges, especially the up-
hours which should be atleast ten hours by media companies. coming ones, with proven track record
owing to varying work hours Sushant, Group Head, Resonance are giving fair deal to their members
13. Find out if you are allowed to sell in part Media, who has been bartering me- as they have transparent policies.
cash to cover your Sales Taxes and non- dia space for ACs, tyres, and cosmet- If you are an entrepreneur or SME
fixed overheads ics very frequently expects more di- just out of the brunt of the recession,
verse products to be available with bartering may be the way out for you
How can the small players be a part of
the new upcoming barter exchanges to save on cash costs and expanding
this barter industry as facilitator? Or is it
a reserved domain? and says exchanges are better as cli- to new markets. This is one industry,
Well, it may be easier for bigger players to ents tend to give inflated prices while which if you know how to utilize well
start a barter exchange, but it's quite difficult dealing directly. to your benefit, that can lead to sig-
for a small business to do so, as this requires So, while barter exchanges are nificant growth and more important-
a very efficient team, transparent policies making sure clients get real prices, ly higher efficiency in your business!
and efficient IT infrastructure. However, in my help save cost along with acquiring The tipping point in getting on to
knowledge, there are a few Barter Exchanges new customers, offer interest-free fi- barter system is in considering the
in India including us which plan to offer nance with no cash repayments and barter system as equivalent to cash
franchises in near future, as the volume of promote local business; the barter of- system and give it the same impor-
members is going to explode. So only till that ten comes at a cost. You may feel the tance. Only then, you'll be able to
time, entrepreneurs will have to wait.
pinch of the membership fee which leverage its benefits. r
dAre.co.in | xx x xxxxxx | AUGUST 010