Our roots go back to 1993, when our founders set out to find solutions to the challenges faced by local businesses in Australia – such as facing difficulties in obtaining funding, lack of expansion opportunities, and cashflow management issues. They envisioned a business system that could revolutionize the way that Micro, Small, and Medium Enterprises (MSMEs) trade.
Globally, MSMEs make up 90% of all businesses and more than 60% of all employment, yet they face many challenges when it comes to achieving sustainable, long-term growth. These include limited access to finance, underutilized capacity, limited networking opportunities and susceptibility to economic shocks.
Improving Your Cashflow
By using Digital Trade Credits (DTC), as well as our flexible and interest-free DTC credit line to purchase the things that your business needs, you can preserve your cashflow and save valuable cash for other expenses, or investing in upgrading your business – building your financial resilience and a foundation for long-term growth.
At the same time, you can earn DTC by providing goods and services to other members in the community, increasing your customer base and unlocking new growth opportunities. In an economy where liquidity is crucial for the survival and longevity of MSMEs, we bring cash back to businesses.
Leveraging Your Spare Capacity
Businesses rarely operate at full capacity. They may have spare capacity in the form of physical assets like machinery, equipment, and facilities, or human resources like employees with available time and skills that are not being fully utilized.
Spare capacity is perishable – if you don’t use it, you can’t get it back. However, many businesses do not leverage their spare capacity effectively or are unaware it exists, resulting in wasted potential and inefficiency.
By trading your spare capacity with other businesses on our platform, you can effectively increase your revenue at minimal cost, while optimizing your resource usage and reducing potential inefficiency.
Expanding Your Market Reach
BBX members gain immediate access to our international community of thousands of businesses. Your business, products, and services can be listed on our platform’s integrated marketplace and directory, and therefore given exposure to the wider BBX network. We hold online and in-person networking and business sharing events – an opportunity to reach customers and demographics that you may not have previously encountered. Our trade coordinators also work actively with our members to identify and facilitate trade opportunities.