BBX can be used to invest in property and give you business a cash injection. Simon Zutshi, founder and owner of Property Investor Network, explains in the below video the basic principles of how you can do this. Some of the strategies is very similar to using
Read more →17 ways to use BBX to drive CASH into your business! These ideas can be quickly implemented into any business with spare capacity [ that is the ability to take on more work or customers without increasing fixed overheads ] 1. Use BBX to buy a value
Read more →Sometimes businesses have stock that is taking up space or paying storage on, about to perish or become obsolete. BBX can be used as a clearing house to quickly sell and monetise the stock before it is rendered useless. Here is an example of how this worked
Read more →Recovering a debt Unfortunately sometimes businesses have the occasional customer who might default on paying an invoice. BBX can be used as a mechanism to help recover a bad debt. Before the debt becomes unrecoverable you can offer to take part or all the outstanding amount due
Read more →Use BBX as a mechanism to win cash contracts (this can also be used to retain a cash customer you may possibly lose) Winning contracts is sometimes tough without discounting. However discounting devalues your product or service. To secure a sale from a prospective cash paying customer
Read more →There are two forms of outsourcing. One seen as time saving and improvement. The other can be a form of cash converting. First, you are a busy business owner. So what if you could buy time on BBX? Or improve certain aspects in your business? By outsourcing
Read more →Turning BBX into cash with a directors loan Most business owners run a directors loan account to draw money from the business. Because a BBX pound is accounted for the same as a sterling pound, when you sell a personally owned item through the BBX network the
Read more →Cost of BBX also known as leveraging What is cost of a BBX Pound? The cost of a BBX Pound is the sterling cost for a BBX client to complete a sale and a purchase on BBX. It is the sum of the variable cost plus the
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