Monthly Archives: April 2009

What companies are clients of Tradebank? Is Tradebank for small businesses? Are there any Fortune 1000 companies?

April 23, 2009 | 0 Comments

Tradebank members include businesses of all sizes, ranging from sole proprietorships to multinational, Fortune 1000 companies. Tradebank has the critical mass of buyers and sellers, coupled with an extensive brokerage infrastructure, to create the necessary market dynamics that facilitate trading …

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What are Tradebank Dollars (T$)?

April 23, 2009 | 0 Comments

· The T$ is the official currency of Tradebank. Trade transactions between companies are actually converted to trade credits or “trade dollars” (one trade dollar is equal to one U.S. dollar in value) and are reflected as debits or credits …

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I’ve bartered products and services with other businesses. Why do I need Tradebank?

April 23, 2009 | 0 Comments

Trading through Tradebank is easier than trading on your own. We expose your business to more new prospects and help you increase your sales. Because Tradebank has a network of over 8,000 member businesses, you don’t need to conduct one-to-one …

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I purchase everything wholesale. Why would I want to buy products and services via Tradebank?

April 23, 2009 | 0 Comments

Many Tradebank clients have established long-term business relationships. Tradebank doesn’t require that you change your relationships. We help you expand your customer and supplier network. Because few businesses can get everything they need wholesale (such as advertising, airline tickets, restaurant …

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How will other clients know what I’m selling?

April 23, 2009 | 0 Comments

Once you’ve listed your products and services with Tradebank, other Tradebank members will see what you’re selling when they search for the products and services they want, or their trade brokers will inform them when they’ve expressed an interest for …

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How to do I value my products and services?

April 23, 2009 | 0 Comments

You price your products and services to be traded at the same value as you would price them for cash.

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How much does a business pay to participate in Tradebank?

April 23, 2009 | 0 Comments

Tradebank offers different plans to suit your company’s trading needs. Please contact a Trade Broker at 88-568-5680 for specifics of how trading can benefit your business.

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How much additional cash could be made available for your business by trading via the Tradebank Network?

April 23, 2009 | 0 Comments

To estimate, use the following formula: T$ x (GM – C) x (1 – T) Where: · T$ is the value of Tradebank Dollars you expect to earn and spend by trading via the Tradebank Network. · GM is your …

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How does the IRS view purchases and sales via Tradebank?

April 23, 2009 | 0 Comments

Sales made through Tradebank are reported to the IRS, as required by law (U.S. $1.00 = 1.00 T$). Members may deduct from their taxes, purchases for business related expenses that are made with Tradebank dollars. Consult a qualified tax consultant …

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How do I handle the Tradebank fees? Can it be a tax write-off?

April 23, 2009 | 0 Comments

Tradebank fees are similar to other expenses incurred in normal business operations. Tradebank recommends that you contact a qualified tax consultant for advice.

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