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Whitby Free Press, 24 Feb 1993, p. 13

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'Whitby Free Press, Wodnosday, Fobruary 2-Î.-1è93 Page 13 business news IBN now brokers to more than 170 businesses Barter has become an eaier way to do business since the International Barter Network was formed 16 montha ago by local businessmen, Michael Hood and Ken Yeomana. Wit.h their head office iocated in downtown Oshawa, the barter network now brokers te over 170 businesses from Mississauga te Coburg and north te Peterborough, Lindsay and Fenelon Falls. Unlike more tradional forma of direct trading, IBN acta as a credit broker. When two members engage in a transaction, the seller gains barter credita and the buyer uses them. Credits earned can be used to Purchase goods and services from any of t he other members. No money changes banda. One advantage of the aytem is that there are no bad debts. Members who have built up credita will try te use those credits by shopping with other members of the network especially when their cashflow is tight. Membership is open te busineases only. Dave and Sandra Taylor, the owners of Whitby's Color Your World, said t.hat they couldn't believe how rapidly new customers from out of tOwn were drawn te their store. This bas resuited i hundreds of dollars of newisales. There are now 30 businesses i Whitby which have joined the network inciuding Aeon Products, Aarospace Generai Contracters, A.&A Appliance Repair, A&L Ansgwering Services, Broughton Towing, and Canad.ian Concepts and Glassgworks. Color Your World, Anderson and Lawry, Discovery Toya, Dr. J. Clausner, Durham Squash and Fitness Club, Golden Griddle Family Restaurant. Grand Upholsgtery and Design, and Home Alone Security are also members. Dr. Jeffrey Clausner, whose dental office is located in the Whitby Mail, reports one new- dental patient, an IBN member, who resides just south of Peterborough. Whitby members aiso include Jackson's Touch of Clasa Catering, House. of Scott Photography, Kookoo Bananas, Lighting Unlimited, Red Rooster, Reliable Movers & Storage, Rock Secure Enterprises, and Salmon Connection Charters, The Brew Works, WCM Mat Rentais, Whitby Audilo,Witby' Auto Centre, W&hy Froc Press. Whitby Goldsmith and Jewollers, and Ziebart Tidycar are also members. WCM Mat Rentais owners Whip and Cathy Roberts have found the barter network an effective way to network new business. IBN members can currently aupply most business producta9 and services ini Durham Region but the more new members, the more opportunities are available. e r olen oe ' *'e niac e 36-ONT Dalrs reIr'sïnItheprm ihts1m9 ESRA* V2.0 Litre Multiport VPower Assisted 4-wheel Anti-lock Brakes Power Door Locks VAir Conditioning VStainless Steel Exhaust VTinted Glass VAutomatic V Automatic Transmission VRemote/Trunk Release VAMIFM Stereo Cassette V 24 Hour Roadside Assistance"* wC 1 V3 Year'60,000 km No Deductible GM Total1 Warranty .T,.oI.<,.4floeOCCIlb.lbdo gg~~ ~fl~~flçW<th .OIW eSC~O.9Groue W. o«W r99çi 10193 rwwbad unu sd. 09 O$OflhITUOSnf'd mOdOo puithasdftroflld.Ioe MrOy O M,,OlCbn dmM50cg 473.oeSw»màdsSClr4M- W)O ~ I 2 n nc lo-"l -g f) c««nc..hi*U1UGSTmW4 cIW applcole nnoicusS.suved .......................... -Sunbird's crushing the competition with these feature se

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