Those barter dollars can be used to buy and sell services from among iBart's member companies. Companies that register at iBart can open a barter banking account. The company just signed former Chicago Bulls star Bob Love to promote the barter banking system. Love, who is involved in several charities in the Chicago area, will focus on using barter dollars as a way for companies to meet philanthropic goals without jeopardizing the bottom line during lean times. That donation in barter dollars would have the same tax benefit as one made in cash, according to Sweis.
All employees are investors in the company.
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