The Rules
How exchanging services will benefit you
Six reasons to join The RedSaw
1. Conserve your cash-
The RedSaw is a platform that allows individuals and /or businesses to conserve their cash reserves through the method of exchanging services in place of the conventional method of monetary payment.
2. Increase your Income-
The Canadian and American governments view barter transactions as earned income. For example, if a plumber and an electrician exchange $ 5,000 worth of services in a given year, it means they have just increased their income or added to their bottom line by $5,000.
Please review the links below and/or discuss with your accountant for any possible tax implications.
3. Avoid and minimize debt-
Exchanging services is a clever way to minimize debt if not avoid it altogether. We are often too cavalier about extending ourselves into debt by way of credit cards, credit lines and bank loans.
4. Minimize or erase high interest charges on borrowed money-
Lets face it, interest charges add up by nickel and diming our financial resources. Exchanging services provides us with the option to reduce the amount borrowed or forfeit going into debt altogether, thereby reducing or removing the need to pay interest on money borrowed.
5. Access to more disposable income-
By Exchanging services you have chosen to have access to more of your hard earned money; that is unless you would rather give it to someone else. Imagine, having that extra cash available for that family vacation or that new plasma screen television!
6. Attract new clientele-
The RedSaw enables businesses and/or individuals exchanging services to gain access to clientele that might not otherwise be aware of their existence or what they have to offer.
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