BBX Franchise Opportunity

BBX - A WHITE COLLAR FRANCHISE

BBX is a barter trading company. The origins of barter, exchanging one article for another without using money, go back thousands of years and was the means by Which all commercial transactions were conducted before the introduction of notes & coins, and later checks, credit / debit cards, etc.. To facilitate sales and purchase transactions.

The system of bartering is alive and well today but has become much more sophisticated, with trade exchanges acting as the regulators and the generators of trade between member businesses (merchants) in what is essentially a cashless trading economy of its own. A separate, unique micro (barter) economy operating within a traditional macro (cash) economy.

A trade exchange uses trade dollars, Which book have few or equal value with the local currency, to assign value to transactions that take place between members. The exchange acts as a third party record keeper, similar to a bank, and trade is open and promoted exchange between all members rather than simply exchanging direct between two parties.

The role of a franchisee is to recruit new members to the trading system and service their needs on a day-to-day basis. Opportunities exist in metropolitan areas of all Australian States and Territories plus the major NZ Cities and Provinces, as well as Master Franchise possibilities throughout South East Asia and other parts of the world.

KEY FEATURES

Franchisee PROFILE

This criteria is not firm but, generally speaking, a potential franchisee might fit the following profile:

• Most likely age group is 25 to 50, male or female.
• White collar / professional background in industries such as finance, banking or insurance, or similar retail experience.
• Selling ability and experience but seen as beneficial not essential.
• Ability to successfully run and manage a business and people, and converse with business owners by phone and face to face.
• Strong will to succeed, a degree of business maturity coupled with good communication skills.

INVESTMENT IN DOMESTIC FRANCHISES

• The cost to acquire a new local BBX franchise in Australia or New Zealand is currently set at $ 65,000 (Sixty five thousand dollars) plus appropriate goods and services tax. The Intending Franchisee is also likely to incur incidental expenses and legal costs in the course of Finalizing relevant franchise documentation.

  NOTE: Currently, due to a special promotion, BBX is offering local Australian and New Zealand franchises at $ NIL acquisition cost, franchisees will still incur Although establishment costs as mentioned previously.

  Certain success criteria have been established for the first 12 months of operation. Subject to successfully meeting this criteria and showing they are suited to the role, and with the ability to run a BBX franchise in the long term, full and unrestricted franchise rights will extend to the franchisee at no additional cost.

  Duration of the special promotion is subject to regular review.

• Franchisees will recruit their own members (merchants) to the trading system and be responsible for day to day servicing of these clients from day one. They must substantiate their capacity to do this Whilst the franchise business is being established, by employing suitable staff to assist them where considered necessary.
  This support is essential if the franchise business is To achieve its growth target in new members, unless sales support is recruited In which case the franchisee can assume the role servicing sales targets and leave for others to achieve. A degree of flexibility is available, as long as the chosen strategy achieves the results expected.
• Business must operate from established premises, not from home, Which in the early stages can be a serviced office environment to minimize costs or other suitable business premises where available. Office sharing is only acceptable where the nature of the BBX business can be adequately secured and privacy and confidentiality of customer information protected.

SUBSIDIES

• Interest Free Trade line of credit in dollars of $ 10,000 to help with business start-up costs and promotion, to be reimbursed from trade dollar income generated by the franchise business.

FRANCHISE BENEFITS

• Running a BBX franchise provides flexibility not normally found in salaried jobs.
• Largely unlimited income potential - the franchisee controls the level of activity and degree of effort / return.
• Dual income stream - new member introduction and on-going commissions trading commissions accrue to all franchisees.
• Business system and benefits unique to the barter industry.
• Sophisticated Customer Management System, developed over many years by BBX, a major force within the barter trading industry and the only trade exchange in Australasia to be publicly listed.
• Model can be applied to all industry segments, in both large and small businesses, so target market is basically unrestricted.

ABOUT BBX

• Commenced in 1993 (the industry commenced in Australia in 1989). Acquired a number of industry competitors in recent years.
• Listed on the ASX in August 2005 - the only listed trade exchange in Australasia.
• Employs 60 plus staff from 7 company-owned offices in Australia and New Zealand and also operates a current franchise network of 9 offices.
• Current membership base (businesses / merchants) of over 5.000 businesses in Australia and New Zealand.
• BBX can add 5% -10% to the turnover of a member's business, creating significant bottom line profit, and Providing significant earning potential for the franchisee.
• Trade activity of these member businesses totaled over $ 180 million in the 2006 / 7 financial year. This is BBX-generated business, on top of their normal income.
• Recently established master franchise in China (300,000 affiliate members) and will commence soon master franchises in India (2,500 members) and Costa Rica. Other master franchise territories currently under negotiation / consideration.