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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...

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In-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...

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Ormita 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...

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The history of money and barter

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Types 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...

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Counter-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...

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Some 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...

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Benefits 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...

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Some 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...

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Who 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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