BBX facilitates the cashless trading of goods and services using 'downtime' and 'excess inventory' as a secondary currency, adding a real-time tangible value to these two often undervalued commodities in every business.
BBX is a credit and debit card system (similar to other card systems) that enables businesses to access a variety of goods and services in a less competitive market place offering a range of financial benefits not usually found in traditional markets or offered by other card payment systems.
Founded in 1993, BBX currently services about 6,000 member businesses in Australia and New Zealand, representing over 8,000 individual cardholders.
BBX has now sold master franchises to India, Costa Rica and China and has numerous applications pending for further franchises worldwide.
Using a currency known as BBX trade dollars, BBX allows member businesses to increase sales, create cost savings and improve the general financial performance of their business by taking advantage of spare or under-utilised capacities that exist, all of which go straight to the bottom line.
BBX is continually seeking to expand by franchising, acquisition and the opening of suburban and regional company branch offices and since its initial public offering in 2005 has provided the financial support for implementation of the Company's expansion program in these areas with the aim of significantly increasing membership.
BBX is the first barter exchange manager to list on the Australian Stock Exchange (ASX) and one of only a handful of publicly listed barter companies in the world. BBX is also listed on the NSX with its groundbreaking Property Investment Fund.
BBX is a member of the Franchise Council of Australia, Franchise Council of New Zealand, a number of regional Chambers of Commerce and Universal Currency (the industry trade exchange)
BBX facilitates the cashless trading of goods and services using 'downtime' and 'excess inventory' as a secondary currency, adding a real-time tangible value to these two often undervalued commodities in every business.
BBX is a credit and debit card system (similar to other card systems) that enables businesses to access a variety of goods and services in a less competitive market place offering a range of financial benefits not usually found in traditional markets or offered by other card payment systems.
Founded in 1993, BBX currently services about 6,000 member businesses in Australia and New Zealand, representing over 8,000 individual cardholders.
BBX has now sold master franchises to India, Costa Rica and China and has numerous applications pending for further franchises worldwide.
Using a currency known as BBX trade dollars, BBX allows member businesses to increase sales, create cost savings and improve the general financial performance of their business by taking advantage of spare or under-utilised capacities that exist, all of which go straight to the bottom line.
BBX is continually seeking to expand by franchising, acquisition and the opening of suburban and regional company branch offices and since its initial public offering in 2005 has provided the financial support for implementation of the Company's expansion program in these areas with the aim of significantly increasing membership.
BBX is the first barter exchange manager to list on the Australian Stock Exchange (ASX) and one of only a handful of publicly listed barter companies in the world. BBX is also listed on the NSX with its groundbreaking Property Investment Fund.
BBX is a member of the Franchise Council of Australia, Franchise Council of New Zealand, a number of regional Chambers of Commerce and Universal Currency (the industry trade exchange)