If you bill by the hour, it's easy to rack up a vanishing inventory and lose more than $100,000 a year. Attorneys and other professionals bill their clients in increments of time, and their unused inventory (time) disappears each night and becomes lost revenue. Conversely, their additional cash cost for servicing one more client is basically zero. Many PBE attorney members allocate $20,000 or more in time or fees that would have otherwise “vanished” and turn them into dining, luxury trips, retail goods, home furnishings, and services from fellow professionals.
Don’t forget: when you purchase goods and services through Premier Barter Exchange with your Barter Dollars, your basis is zero. What's the downtime in your appointment book worth the next day? Zero! When the time has passed, it's gone forever, so when you're taking your client to a restaurant with PBE Barter Dollars, it effectively costs your company zero. The same is true for a new car or furniture.
Who doesn’t want to save cash? Who doesn’t want to purchase goods and services for cents on the dollar? If the outlay is your cost of goods or unused time and labor, but you're trading for full retail price, you're getting a tremendous bargain. Unsellable inventory or non-billable downtime (net losses) are converted into purchase power. It won't be long before you grasp the amazing potential of PBE membership: buying what you need for cents on the dollar, increasing your business exponentially through new customers, and conserving your cash resources!
