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Below is an in-depth analysis and side-by-side comparison of Itex Corporation vs BtoB Connect including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $15,000 - $30,000 | $20,000 - $30,000 |
Franchise Fee | $10,000 | $20,000 |
Royalty Fee | - | $50 per chapter/per mo plus administration fee $150/mo |
Advertising Fee | - | - |
Year Founded | - | 2005 |
Year Franchised | - | 2008 |
Term Of Agreement | - | 5 or 10 years |
Term Of Agreement | - | 5 or 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Online and by video conference. Launch of your local area by franchisor. |
Support | - | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits |
Marketing | - | Online website. Email mailings. Additional Services: Grand Opening, online website. |
Operations | - | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
ITEX has worked the last 30 years building North America's leading retail trade and barter exchange. With over 20,000 business members across the U.S. and Canada, ITEX makes barter easy and profitable for both our member businesses and our franchisees. Franchisees get an intensive week of training on barter and the ITEX system and continuing support as they grow their business and achieve their goals. ITEX franchisees work with businesses to help them increase sales, reduce cash expenses and build cash profits.