Trade Network FAQ’s
Save your money. The more you trade, the more you save. TNI Trade Dollars are as good as cash!
Think of us as Your Commission Only Sales Force.
Believe it or not, for a limited time you can join TN for FREE! In exchange for bringing your business new customers, we collect a modest 12% cash commission that you pay only when you benefit from spending your trade dollars, and a small annual renewal after the first year. If you don’t get any new customers after joining TN, you don’t benefit and neither do we!
We are very motivated to work for you. That’s one of the many reasons that 95% of businesses continue with TN after their first year.
Trade Dollars are a cash equivalent that you can spend at any other TN member business. One Trade Dollar = One U.S. Dollar.
TN’s Trade Dollars are a unique form of currency that give you and your business serious buying power in our network of over almost a thousand local Michigan businesses, and over 50,000 associated businesses from coast to coast!
Paying for your purchases with trade dollars is just another handy tool that you can use to get what you need for yourself and your business.
You earn Trade Dollars through selling your product or service to another TN member. When you join Trade Network, your account begins at zero. You will soon start to receive customers who identify themselves as TN members. Being paid in trade takes just seconds! If you have a POS system, we have an app for you, or you can log into your account online. With our app, you can log in 24/7 and check your account balance, transaction history, and find local members to shop with!
In addition, upon joining Trade Network, you will receive your own TN swipe card that works just like a gift card at participating restaurants and retail stores -so you can conveniently barter wherever you go!
Trade Network helps businesses with cash flow issues everyday. We understand the struggle. Every single day it seems like cash keeps going out the door for a myriad of expenses. What if you could trade your skills instead of paying cash for some of those expenses?
Whether it’s switching from cash to trade for a few everyday expenses or using trade as a “rainy day” fund for those unexpected emergencies that come up, trading with us is one of the best things you can do to preserve cash!
Trading is for everyone who 1) has a profit margin large enough to make it worthwhile, and 2) has excess capacity. If your gross margin is razor-thin, or if you have all the business you can handle, trading probably won’t work for you. However, it should be a “no-brainer” for anyone else.
Essentially, this is probably a simple “can’t lose” decision.
A lot of our current members said the same thing, but they went ahead and tried us for a year. Now they’re writing testimonial letters and referring us to their friends. Try it and see how it works for you.
Barter income is treated the same as cash income. There are no tax advantages or disadvantages to bartering. Trading should be considered a marketing tool, not a tax tool. Trade Network, Inc. provides your company with a 1099B at the end of the year for all of the sales you have consummated on our network. Cash purchases that are normally tax deductible as business expenses are also tax deductible when purchased on trade. Trade Network acts as your third party record keeper to accurately track your transactions, taking away the bookkeeping hassle that often accompanies traditional barter transactions
Prices quoted to barter clients are expected to be the same as prices quoted to cash paying customers (normal retail value). Business owners are educated shoppers. Barter is simply a mode of payment – just like a credit card or cash.