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Information:
1.29.19 ITEX KC Mixer..... Join us at the KC Mavericks game 6pm at the Silverstein Center (I-70 & I-470) Call us to RSVP and reserve your seats. Family, friends, and other businesses welcome
About ITEX:
Business owners join ITEX as an additional means to grow and promote their business, sell idle inventory and reduce cash expenses. As a matter of fact, on average, a new Tulsa/Kansas City business joins ITEX every three days. ITEX Corporation (OTC: ITEX) is a Nationwide, Membership Trading Network of small and medium size businesses that will bring their business to you. ITEX members receive new, incremental business by selling their available skill & time, excess inventory and products & services to other ITEX members – for which they receive ITEX Dollars. The ITEX dollars earned from these new clients can then be used to purchase goods and services with any ITEX member in our 23,000 member-national network, and do not have to be used directly back with the ITEX member that purchased from you. Thus, ITEX eliminates all the hassles and potential issues associated with one on one bartering. ITEX has been doing business in Tulsa/Kansas City/Branson/Ft. Smith/Joplin/Wichita for over 30 years and has over 600 business members throughout theses cities. Some of the categories we currently have members in, include restaurants, auto service repair centers, advertising opportunities, dentists, orthodontists, computer & network repair, commercial equipment repair, web site development, social media planners, carpet cleaning, commercial printers, cartridge refills, plumbing, painters, electricians, jewelers, commercial and residential cleaners, salons, spas, etc. Each month, we grow new business members that are implementing ITEX into their business marketing plans.
Here are more details on why businesses should barter:
The fundamental idea that makes ITEX so powerful in benefiting you financially from ITEX transactions is Leverage. Members that understand this concept, we call it “Getting it!”, stay with ITEX for decades and do thousands in ITEX dollar transactions every year.
What is the actual cash cost for you make an additional sale? Not the cost to keep your business open day to day. The actual cost to make a new sale, replacing the inventory, etc. –costs directly related to the sale. Called “variable” costs by accountants.
Because your new sales to ITEX members are in addition to your ongoing cash sales they are considered ‘incremental’ in nature. In other words there is a cash ‘cost’ into each ITEX dollar equal to the actual cost the business experiences when making a new sale + the ITEX transaction fee of 12% (6% on the sale plus 6% on the buy). Knowing what that cash cost is establishes the Leverage the member has when buying with ITEX dollars.
Example #1 - A printer has a cash cost of $350 for paper and ink to print a $1000 job for an ITEX member. The printer’s total cash cost will be $350 + $120 ITEX Fees = $470. But he can buy something that would have cost him $1000 cash! A discount or savings of 53%!
Example #2 – A chiropractor takes an ITEX member and performs $1000 in services. The chiropractor’s total cash cost will be $0 + $120 ITEX Fees = $120. The new patient is in addition to, not instead of, a cash customer. He can buy something with ITEX dollars with an 88% discount!
Leverage = Actual Cash Cost of a New Sale + ITEX Transaction Fees
Economic Benefit of ITEX Sales and Leverage – ABZ Corporation with 50% COS
Before ITEX Membership With ITEX Sales
Sales $500,000 Sales $500,000 + $25,000 ITEX
COGS $250,000 COGS $262,500
Gross Profit $250,000 Gross Profit $237,500 + $25,000 ITEX
Fixed Costs $100,000 Cash Costs $100,000
Variable Costs* $100,000 Variable Costs $75,000 + $25,000 ITEX
ITEX Fees $3,000 (6% buy & sell)
Total Cash Cost $200,000 Total Cash Cost $178,000
Net Profit $50,000 Net Profit $59,500
With ITEX sales adding only 5% to total sales = cash profits can be up 19%!
*In our example variable costs are those that you can use ITEX dollars to offset.
Call us today to set your ITEX account up 918.298.2266
2018 tickets: Updated 12.19 10:45am We are awaiting some pricing on tickets, but the list is below.
Ticket availability listed below are in the ITEX office
Tickets/Lodging:
Select OKC Thunder game tickets for those members that are in auto pay and qualify for the TicketNetwork
Schlitterbahn KC tickets - $45 each No restrictions in 2018 SOLD OUT
Schlitterbahn - New Braunfels $65 SOLD OUT Crescent Hotel in Eureka Springs - certificates available Basin Pak Hotel in Eureka Springs - certificates available
Shows: (# of people per ticket as stated on ticket/voucher) No Refunds on tickets TICKETS MAY BE SUBJECT TO SALES TAX
ABBA! Thank You For The Music (admit 2) (Hamner Theatre) $32 each SOLD OUT
All Hands On Deck (admit 1) (Andy Williams Theatre) SOLD OUT
Acrobats of China (admit 2) VIP Tickets $50 each
Amazing Pets (admit 2) 10am show only $77 each SOLD OUT
Andy William Ozark Mtn Christmas (admit 1) (Andy Williams Theatre) $54 each SOLD OUT
Baldknobbers (admit 2) (Branson Famous Theatre) - $30 each SOLD OUT
Beach Boys - California Dreamin' (Hamner variety Theater) (admit 2) $68 each
Clay Cooper's Country Express (admit 2) $39 each SOLD OUT
Comedy Jamboree (admit 2) 3pm show only $77 each SOLD OUT
Down Home Country (admit 2) 10am show only $77 each
Grand Jubilee (admit 2) 7:30pm show only $77 each
Hamner's Unbelievable Variety Show (admit 2) $35 each SOLD OUT
Hot Rods & High Heels (admit 1) (Clay Cooper Theatre) $39 each
King's Castle (choose: New Jersey Nights, Broadway's Greatest Hits, Puttin on The Ritz, or Tenor & Celtic Ladies) (admit 2) SOLD OUT
Jimmy Osmond's American Jukebox (admit 1) (Andy William Theatre) $37 each
Million Dollar Quartet (admit 1) $35 each SOLD OUT
Ozark Country Radio (admit 2) (Grand Country Music Hall) $77 each
Ozark Gospel (Admit 2) (Grand Country Music Hall) $77 each SOLD OUT
Ronnie Milsap (admit 1) (Andy Williams Theatre) $50 each
Tinoco's Magnificent 7 Variety Show (admit 1) $35 each
The World's Largest Museum Complex (admit 2) $16.95 each SOLD OUT