BBX Exchange Ltd.
Business Networking
Churchill Court, 33 Palmerston Rd, BH1 4HN
Bournemouth, Dorset
Business profile
Welcome to BBX UK.
BBX helps companies capture and monetise their spare capacity before it expires. This could be unsold advertising, under utilised time, vacant hotel rooms or unsold stock. This leads to new customer aquisition, making the business more efficient, reduction in costs and improved business growth. Established in April 1993, BBX is the largest business community of its type in the world. BBX is a community of like-minded individuals who do business together on a preferred supplier basis to gain more customers, increase revenue and offset cash costs. BBX work alongside businesses to guarantee them sales locally, nationally and internationally that translates into effective working relationships. BBX has been a leader in the marketplace since inception in 1993 and is proud to have a strong franchising pedigree allowing it to expand into 14 countries covering 4 continents.
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Testimonials
Worked out very well.
Really happy with the service level from these guys, took me a while to fully understand how it works and how best to use it, but it has worked very very well for me over the last 2 years, recommend to anyone that needs to sell spare capacity.
Great Services
Alex Braga is a fantastic account manager who always does his upmost to ensure we are happy with our trades. He has gone above and beyond on several occasions to find us the services we have requested and has also requested feedback on these to ensure the other BBX traders have been in contact. His service has been excellent and we couldn't have asked for more. 5* service all round - Would highly recommend BBX to other SME companies.
Professionalism, Quality, Responsiveness, Value
Businesses doing business with each other the right way, instead of paying £100's of pounds networking and getting no leads. Well recommended.
Juan... my awesome Account Manager!
I started working with Juan when I joined BBX. Juan was very helpful and had a lot of patience with me. We got along really well and he was always easy to contact and talk to. Even though I'm changing account managers, I am very glad to have met him. He has put me on the road to success and will always be thankful for his amazing service. I highly recommend working with Juan, whether you are new to BBX or not. Thanks Juan!
An excellent and effective results
We have been Members of BBX as "Charity Angels" now for nine months. During that time we have received great support both from the staff as well as other Members. The trading power generated has allowed us to acquire products and services that either we need or will help us to develop. Some of these we never knew existed until explained by BBX. It was a good decision to join.
Juan was very helpful throughout the...
Juan was very helpful throughout the whole process, highly recommend.
BBX has worked very well for me and I would recommend to others
I'm new to BBX and so far it has worked really well for me. They are supportive and proactive and have generated good business connections and new business. I have met some great people and have been able to connect with businesses across the UK
Very useful!
We signed up for BBX as a charity account. At first it was slow going and we struggled but after Gwendolyne became our account manager we have really found it to be a useful resource o bring in real money for the charity!
FAQs
What goods and services can be bought and sold?
Just about anything that represents value, there is really no restriction and sales and purchases can either be for business or private consumption. There are ten generic areas that account holders spend BBX: -Regular business expenses eg. printing, vehicle maintenance, accounting, legal services, cleaning... -Personal expenditure eg. dentist, optician, clothing, holidays, gifts, restaurants... -Sponsorship, PR, Promotions, Advertising and -Marketing (turn spare capacity into attracting more cash business) -Training - all forms of self development for you the business owner or your staff eg. specialist training, sales training, manual handling... -Staff incentives, bonuses, overtime, competitions, entertainment... -Charity - many business owners support local and national charities by using BBX. -Wealth creation - many global opportunities - see real estate. -Networking eg. A sign company buys graphic services from a fellow BBX account holder enabling them now to provide a sign and design service to their customer base. -Value Adding - instead of discounting, purchase a goods or service from a fellow BBX account holder eg. A car body shop instead of discounting buys towing services and offers tow and repair for its prevailing body repair price.
Can I use BBX for all my purchases?
Unfortunately no. Not everything is available on the BBX platform although the range of goods and services increases almost daily. As a general rule fixed overheads such as PAYE salaries, rates and rent and core product items will generally not be available.For all goods and services that represent variable expenditure opportunities will be available. See 'What goods and services can be bought and sold' above.
How do you guarantee new customers?
We guarantee to bring you new business equal to your one-off account advertising, promotion and set-up subscription plus the annual card fee in your first 12 months or we will either refund it in how it was paid or offer you a further 12 months with no card fee - click here for full details.
Is BBX income taxable?
For accounting and all other purposes one BBX credit equals one pound sterling. If a transaction is currently taxable then in all probability it will be taxable if transacted using the trading platform. Conversely if you currently purchase a good or service where you get a tax deduction this will continue to be so when you pay by BBX.We advise all account holders to consult a properly qualified accountant (there are many available on the platform).
What is a BBX credit worth?
A BBX credit is equal to a cash pound and should be accounted for in the same way.That said when purchasing something using BBX ask yourself what did it cost me to earn my BBX? Bearing in mind if you had not sold your spare capacity what would you have now?
Our Fees - Explained
Here at BBX we like to be transparent about our fees, so please find below a full explanation of these - please keep this safe as a future reference point. 1. BBX Account FeeThe account fee, goes from £0 up to £4,497 + VAT and determines the level of 'sales success fees' you pay and the amount of BBX credit that will be available to you. It will also determine whether or not you will have access to the raft of BBX Added Benefits (reserved for Silver, Gold and Black account holders), such as: A FREE Fuel Card A FREE Business Scene Membership Access to the BBX REWARDS scheme Details of our account options can be seen here. 2. Annual Card Fee This pays to keep your BBX account open for 12 months. £200 + VAT Cash T£100 + VAT BBX Plus T£100 BBX Debt Reserve Fund - which has already come off your BBX account balance. The Debt Reserve Fund protects BBX clients from bad debt on the exchange. All BBX clients pay into this once a year and all systems like ours around the world have to have this in place. If you would like me to explain in detail how it works, please let me know. 3. Sales Success Fee This is charged as a percentage of the value of any new sales, you receive, as a member of the BBX Community - this is charged at the point of any sales transaction taking place: BRONZE - 15% + VAT in Cash SILVER - 13% + VAT in Cash + 1% + VAT in BBX Pounds GOLD - 10% + VAT in Cash + 1% + VAT in BBX Pounds BLACK - 6.5% + VAT in Cash That is it. There are no other charges on the account.