UK Local Exchange Trading and Complementary Currencies
Development Agency

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Five Basic Keys to a Successful LETS...

1. Stay Local - there is much more trading where members are geographically close, and abuse is easily prevented.

2. A Solid Core Group - to organise a LETS you need a variety of skills, don't try to run a scheme alone. See the list of Management Group jobs, which help to ensure your scheme runs effectively and sustainably.

3. Be Efficient - keep accurate records, ensure the directory, newsletter and accounts are published regularly.

4. Keep People In Touch - exchange depends on friendly relationships and people meeting one another. Organise regular social and trading events.

5. A Broad Cross-Section - attract a good cross-section of the community, as reciprocal exchange is more likely if people have widely different skills and interests.

BEST PRACTICE GUIDE

Lets is not like money

The Benefits

Personal Stories

What to offer

How to start

Keys to success

Necessary jobs

Debt or Commitment

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