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Tradebank Announces the Purchase of Atlanta-Gwinnet Region

Friday 5 June 2009 @ 4:48 pm

FOR IMMEDIATE RELEASE                                 Contact: Debbie Fitzgerald at Fitzgerald PR 770-887- 6060                      

 

Tradebank of Atlanta-Gwinnett’s New Regional Owner Excited

 About Helping More Businesses Save Cash

 

LAWRENCEVILLE, GA (June 5, 2009) Tradebank International Inc. (Tradebank) is pleased to announce that its Tradebank of Atlanta-Gwinnett region will now be owned and operated by Ashby Green. This announcement was made by Todd Gerry, President of Franchising for Tradebank International Franchising Corporation.

 

This is the first time Tradebank has granted the Atlanta-Gwinnett region to an individual. Since Tradebank’s corporate headquarters are based in Lawrenceville (in Gwinnett County) the region had always been a corporately owned location, acting as a model that other franchisees learned from. Recently management decided to open up the region as a new franchise opportunity and Green, who is also a regional owner of Tradebank of Atlanta-Cobb, jumped at the chance of owning the territory.

 

“I look forward to helping more businesses experience the benefits of barter,” stated Green, who has a degree in accounting as well as an MBA. “I know the benefits of barter first-hand as a business owner and know that barter can save cash and help a company’s bottom line.” Prior to becoming a regional owner, he was most recently vice president of finance at a large firm and previously owned several businesses where he was a member of Tradebank and active in barter.

 

Many loyal business owners and professionals are currently members of Tradebank of Atlanta-Gwinnett and have been enjoying the benefits of bartering for products and services they would otherwise pay cash for. Due to Tradebank’s rapid franchise growth over the recent years, their success has required them to focus their efforts on the development of new and existing markets. This move will allow Green to increase his Atlanta market share and continue to provide the world-class service that the clients have come to expect from Tradebank. 

 

“In my 13 years of experience in the barter industry, I haven’t seen a greater interest in franchise opportunities and bartering as I have this year,” stated Gerry who says Tradebank’s Q1 2009 new account sales were up thirty one (31%) percent over 2008.  “The increase in new account sales can be directly attributed to the successful opening of new franchise markets at the beginning of the year and the company’s overall commitment to continually develop and support our existing Tradebank regions.” Tradebank has experienced consistent trade volume growth for the past decade allowing clients to improve cash flow and increase profitability.

More About Tradebank
Tradebank International Inc. (Tradebank) is a privately held international trade exchange founded in 1987. Headquartered in Lawrenceville, Ga., Tradebank operates in more than 70 regions within 14 states in the U.S., Canada, Czech Republic and Slovak Republic. More than 11,000 Tradebank clients barter their products and services. Tradebank earned the Consumers’ Choice Award for 2008 in the “Barter and Trade Exchange” category and has captured this award seven times. Tradebank International Franchising Corporation is the entity that was formed for franchising the Tradebank International Inc. concept. www.tradebank.com.    

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