How much additional cash could be made available for your business by trading via the Tradebank Network?
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 company’s gross margin of profit (gross profit divided by sales). · C is the Tradebank […]
How does the IRS view purchases and sales via Tradebank?
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 for advice and for tax-deductible expenses allowable by law.
Consumers Choice
The public has chosen barter industry frontrunner Tradebank International, Inc. as recipient of the prestigious Consumers’ Choice Award for 2009 in the “Barter and Trade Exchange” category. Tradebank International, headquartered in Lawrenceville, Ga., has captured this award eight of the past nine years. “It is a tremendous honor to again be the recipient of the […]