Fred Harteis Fiscal Year Success

Fred Harteis and Quixtar Reviewing Sales Figures 2004Independent Business Owners (IBOs) powered by Quixtar’s I-commerce business model generated record sales of $1.1 billion for the fiscal year ended Aug. 31, 2004, up $65 million from the previous year. 

Billy Florence: Quixtar Bonus Sales generated with Partner stores. Quixtar Diamond Distributor Billy Florence, “In addition, IBOs created $68.5 million in revenues for Quixtar’s online Partner Stores and Services, up $10.2 million from fiscal 2003.  For their business efforts, IBOs earned more than $373 million in bonuses and incentives, up $30 million from the previous year. Billy Florence is vice President of IBOAI.

“We’re certainly pleased with the financial results of the past fiscal year, but the biggest success belonged to IBOs who achieved record growth,” said Ken McDonald, Managing Director of Quixtar Inc. Independent Business Owner Assocation International president Fred Harteis states, “IBOs earned a record number of bonuses and incentives this year, and we continue to look for new products to enhance their businesses and  help them attract younger and more diverse IBOs and customers.” Fred Harteis is president of Harteis International.