BBX bring business and charities together to maintain an active CSR program. We believe that charities can utilise spare capacity in business to improve the world.
SPARETEMBER
The BBX community takes pride in encouraging many business like-minded individuals to achieve their goals, and so, this year we have decided to go the extra mile across the span of a month we’re calling “Sparetember” to help out charities by trading what we know best.
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WHO ARE BBX ANGELS?
BBX ANGELS WANT TO HELP
Once a charity gets involved with BBX Angels they will be assigned an account manager. The role of an account manager is twofold. Firstly they promote the charity to the BBX Angels with the intention of gaining donations. And secondly help the charity spend the BBX Pounds (BBX£’s) they have been donated within the BBX network.
A community working with businesses and corporations to increase the amount of support they give to charities by ‘donating’ spare capacity or surplus stock.
When a company donates spare capacity, BBX Angels sell that stock within the BBX network. The funds generated from the sale are then donated to charities.
WHAT ARE THE BENEFITS?
GOOD FOR CHARITY
- Increased effectiveness
- Increased donations
- Increased cashflow
- Obtain new ambassadors
- Reduce costs
- Reduced financial constraints
- Increase awareness
- Increased brand association
GOOD FOR BUSINESS
- Increasing the amount of support they give to charities
- Being able to donate without spending cash
- Kudos
- Obtain new customers and repeat business
- Help businesses with public sector contracts
- Massive PR leading to increased brand equity, awareness and association
- Increase cash sales in other areas of business i.e. a cinema sells spare tickets through BBX Angels but receives additional income from confectionery sales
Any business or corporation that has a commitment to Corporate Social Responsibility (CSR) should easily identify the benefits of becoming a BBX Angel as it is a cost effective way to increase the support they are able to give to charities.
BUSINESS COSTS
We only charge companies 6.5% of any successful sales we make. No sale no fee.
Example: The cinema would like to donate tickets. We sell £1000 of tickets into the BBX network. Once the funds have been credited we would then charge the cinema £65.
There are no other costs.
CHARITY COSTS
We only charge 6.5% of any donations that are spent.
Example: Charity receives a donation of £5000 BBX Pounds. The charity then spends £1000 BBX Pounds on printing. We would then charge the charity £65.
There are no other costs.
