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Hud­son Barter Ex­change Cel­e­brates 10Th An­niver­sary

Demon­strat­ing the pop­u­lar­ity and ex­tent of or­ga­nized barter in the Hud­son Val­ley, more than 300 busi­ness own­ers and pro­fes­sion­als gath­ered in early No­vem­ber to cel­e­brate the 10th An­niver­sary of the Hud­son Barter Ex­change (HBX).  HBX founders Karen Brown, who is also a trustee of Tar­ry­town, and Kevin Brown, a The Hud­son In­de­pen­dent Ed­i­to­r­ial Board mem­ber, hosted a mega-net­work­ing event for Tri-State area busi­ness own­ers and pro­fes­sion­als.

HBX mem­bers and other busi­ness net­work­ers were treated to an event at the Belvedere Es­tate in Tar­ry­town that just re­cently be­came avail­able as an event venue.  All as­pects of the event were bartered by HBX mem­ber com­pa­nies: from in­vi­ta­tions, event plan­ning, party rentals and light­ing to lo­cally pro­duced wine, beer and cater­ing from two top-notch com­pa­nies.

“The event not only demon­strated the net­work­ing op­por­tu­ni­ties of a barter ex­change, it also demon­strated its power, as 90% of the event was bartered. We have come a long way since the early days when so many com­pa­nies took a leap of faith. Twenty mil­lion dol­lars-worth of trad­ing later, we are thrilled to rep­re­sent pro­fes­sion­als in every imag­in­able busi­ness seg­ment in­clud­ing some of the biggest com­pa­nies in the area,” Karen Brown said.

HBX con­nects busi­ness own­ers to new cus­tomers and ser­vice providers. Un­like other busi­ness net­work­ing or­ga­ni­za­tions that own­ers join to seek new busi­ness, HBX’s staff of Cer­ti­fied Trade Bro­kers ac­tively make sales for mem­ber busi­nesses by in­tro­duc­ing them to other mem­bers who pro­vide the goods and ser­vices they need. Mem­bers do not trade di­rectly but are paid in barter bucks that they use to pay any­one else in the barter sys­tem.

Busi­nesses large and small use trade to op­ti­mize their bot­tom line and cash flow. Any firm not work­ing at 100% of ca­pac­ity can lever­age its open ap­point­ment slots, em­ployee down-time, un­sold in­ven­tory and even va­ca­tion homes, time shares and tick­ets it can’t use for prod­ucts and ser­vices needed. “Busi­ness own­ers work tire­lessly so they can get what money can buy, but some­times, you don’t need money …you buy it with your prod­uct, ex­per­tise and tal­ent,” the Browns pro­claimed in their ad­dress to guests.

Hud­son Barter was lauded for its in­no­va­tion by Elms­ford Mayor Robert Williams and Green­burgh Su­per­vi­sor Paul Feiner, who each pro­claimed No­vem­ber 8 Hud­son Barter Ex­change Day. Also, New York State As­sem­bly­man Thomas Abi­nanti pre­sented a New York State As­sem­bly Ci­ta­tion rec­og­niz­ing the ac­com­plish­ments of Hud­son Barter Ex­change.