Itex Corporation vs Above the Standard Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Itex Corporation vs Above the Standard including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Itex Corporation Franchise
Above the Standard Franchise
Investment $15,000 - $30,000$61,400 - $73,900
Franchise Fee $10,000$49,900
Royalty Fee -15%
Advertising Fee --
Year Founded -1981
Year Franchised -2010
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
Itex Corporation Franchise
Above the Standard Franchise
Experience --

Financing Options

 
Itex Corporation Franchise
Above the Standard Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Itex Corporation Franchise
Above the Standard Franchise
Training --
Support --
Marketing --
Operations -

Franchise can be run from home. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).


Expansion Plans

 
Itex Corporation Franchise
Above the Standard Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Itex Corporation

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.

About Above the Standard

*Procurement/sourcing expertise *Purchasing and management staff training *Procurement outsourcing for all or part of your purchasing department *Finance and Administrative Services *Business growth *Reduce costs and increase quality *Centralize procurement *Provide needed products or services *Build new markets in your company *Provide Just-In-Time Inventory (JIT) *Increase supply chain efficiency *Retain best value and remain competitive *Compliance *Supplier performance improvement *Support day-to-day buying activity *Policy/Procedure creation, implementation, validation *Transaction automation and processing *Bring focus to core competencies. *Develop strong end-user to provider relationship *Lower procurement related labor costs *Improve overall procurement performance *Provide greater control, reporting, and supplier compliance *Organization and internal cost performance *Data for benchmark analysis, goals, and results *Procurement personnel training *Procurement department creation and implementation