Itex

Who are we

What to know about Itex franchise? They are ITEX CORPORATION, a Nevada corporation. They operate the ITEX MARKETPLACE, in which products and services are exchanged by ITEX members utilizing ITEX DOLLARS. ITEX dollars are only usable within the Marketplace and allow thousands of member businesses ("Members" or "ITEX Members") to acquire products and services without exchanging cash. They service their member businesses through their independent licensed broker and franchise network in the United States and Canada. They administer the ITEX Marketplace and provide recordkeeping and payment transaction processing services for their members. They generate revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in United States dollars and Canadian dollars where applicable. ITEX franchisees and licensees provide sales and marketing, customer service, bookkeeping, transaction processing, and other services to our members in exchange for a portion of the transaction fees charged on each completed transaction. ITEX franchisees and licensees also assist members in recruiting new members to join the ITEX Marketplace. The success of their franchisees and licensees is important to them and they provide franchisee training, support services, lead generation assistance, and cooperative advertising programs to their franchisees and licensees. Itex is based in Bellevue, WA. Scroll down to learn more!How much does a Itex franchise cost?Are you wondering how much is a Itex franchise? Before starting a Itex franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Itex franchise is $15,500 and can go all the way up to $37,500. Keep in mind, you should also allocate additional funds to live off of while the Itex business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Itex franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Itex business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Itex franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.