What is Ormita?
Website for our members: www.ormita.com Website for licensees: www.ormitacorporate.com “Unsold appointment time, empty hotel rooms, unsold venue passes, unfilled advertising space, rapidly depreciating...
View ArticleIn-Kind Donations and Offset Trade
In his book, the Mystery of Capital, Hernando De Soto calls unproductive, unsold assets “dead capital” and estimates there is 9.3 trillion dollars of it world-wide. Unsold production time, empty...
View ArticleOrmita and the Environment
Wastage is not primarily created because of over-consumption: It is created because of over-production and inefficient use of what is produced. Throwing things away instead of recycling or on-selling...
View ArticleTypes of Money – A Table
The following comparison of various types of money in circulation shows the private unofficial issuance of currency is not an entirely new phenomenon across the globe. This, intra-system claims of...
View ArticleCounter-Trade
Officials of the GATT organization, claim that counter-trade alone accounts for around 5% of the world trade. The British Department of Trade and Industry has suggested 15%, while numerous scholars...
View ArticleSome Benefits of Non-Cash Trade and Barter
Wealth & ‘traditional’ asset building Save cash Make purchases from new sales rather than existing cash Reduce cost of warehousing Offset many costs of doing business, travelling, and living Reduce...
View ArticleBenefits of Barter
Unsold appointment time, empty hotel rooms, unsold venue passes, unfilled advertising space, rapidly depreciating stock, idle production time, vacant seats, end-of-line items and oversupplied products...
View ArticleSome more benefits of barter
Service Professionals When a business depends on billable hours for profits, every unfilled slot on their appointment calendar represents lost revenue that will never be replaced. Bartering offers...
View ArticleWho should barter?
In deciding whether or not to get involved in barter, counter-trade or offset trade, the first question a business owner must ask is: Do I have something to barter? The answer is yes for most small...
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