Time Banking for Businesses
Save your cash for stuff. Get services by Time Banking.
You’re probably already giving discounts, coupons or other special deals on your product or service. Increase your return on this investment by converting some of these offers into hours on the time bank – you’ll gain access to services you need at the same time gain new customers through your time bank participation.
Time banking is an alternative form of currency that is based on hours rather than dollars. Actually, we like to say it's a "cooperative" currency, as it works hand in hand with your dollars to help build your business and our local economy.
Time Banking allows businesses to conserve their cash by gaining access to a wealth of service providers who trade in time rather than in dollars.
Member businesses who provide a service can designate a certain number of hours per month they’d be willing to give on the time bank. Those businesses who provide products can instead offer loyalty points or other forms of discounts to time bank members.
Business Benefits of Time Banking
We’ll be holding webinars and meet-ups in towns around the lake to familiarize Lake Countians on the use of time banking, and to network with each other to explore possible service exchanges. Make sure you’ve joined our mailing list to be kept abreast of when and where these events are being held.