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| Date post: | 17-Jul-2015 |
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Business |
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©2014 BizX | www.bizx.com
H I S T O R Y
• Formed in 2002 and based in Seattle, Washington
• Conducted over US $400m in barter transactions
• Over 3600 members
• Affiliates worldwide in Canada, Mexico, France, Australia,
Turkey, the UK and more
• International division opened in 2006 in Dubai
BizX is a community of businesses like you that buy and sell
without cash using our private currency, the BizX Dollar ( ¤ ).
With BizX businesses are able to monetize excess capacity
and gain incremental sales from loyal new customers,
resulting in improved cash flow and efficiencies.
AW A R D S
• Lloyd’s TSB Awards
• IRTA Certified
• MEBA Awards
• INC 5000
• US Chamber Blue Ribbon Small Business Award
A B O U T U S
TH E C AS H L E S S E C O N O M Y
©2014 BizX | www.bizx.com
B U S I N E S S G R O W T H S AV E M O R E C AS H U P G R AD E Y O U R B U S I N E S S
Fill seats, empty shelves, and sell out
rooms. Join a motivated buying
economy and take on as many
clients as you want to maximize the
value of your business.
Increase cash flow and cover every
day expenses with BizX dollars. Try
BizX today and learn how thousands
of businesses are leveraging saved
capital to grow.
From capital improvement projects to
travel booking, from employee
rewards to dining—with thousands of
services to choose from, use BizX for
every facet of your life.
V A L U E P R O P O S I T I O N
©2014 BizX | www.bizx.com
Restaurant pays
for menu printing
with ¤10,000
Printer makes
¤10,000 in new
business
¤3,000
Vehicle Maintenance
¤5,000
Advertising
¤2,000
Employee Incentives
¤ 1 0 , 0 0 0 O F E X P E N S E S¤ 1 0 , 0 0 0 O F N E W C U S TO M E R S
¤5,000
In Restaurant
¤3,000
Gift Card Sales
¤2,000
Private Catering
T H E C AS H L E S S E C O N O M Y
©2014 BizX | www.bizx.com
H I G H V AL U E C U S T O M E R S
• BizX members are successful business owners and
corporate executives
• As compared to other channels that may be used to
monetize excess capacity that otherwise would have gone
unsold, BizX delivers customers with a high level of
discretionary income
• BizX members are loyal and committed to the network with
a higher likelihood to return to your establishment or buy
from you again
• The BizX network is made up of influential members of
your community able to drive BizX and cash customers
alike to your business by word of mouth
Founders
Entrepreneurs
C-Level Execs
Sales Execs
T H E
B I Z X
N E T W O R K
L O Y AL
C O M M I T T E D
B U S I N E S S S AV V Y
F AN S
©2014 BizX | www.bizx.com
C O S T S & B I Z X T R A N S A C T I O N S
• There are no initiation fees or monthly fees for
being in the BizX network
• You pay 7.5% cash in fees only when you make a
purchase or a sale
• Perks accounts free for your enjoyment
• BizX Dollars do not expire
• Similar to a cash sale, when a transaction occurs,
the seller’s account is credited and the buyer’s
account is debited
8689.98
AC C O U N T S U M M AR Y
Hotel Shattuck Plaza
2086 Allston Way
Berkeley, CA 94704
S T A T E M E N T D A T E
C U R R E N T C A S H D U E
P A Y M E N T D U E D A T E 1/15/2015
12/31/2014
12/1/2014
12/2/2014
12/4/2014
12/5/2014
12/2/2014
D A T E A U T H . N O .
99876
99921
98715
45623
D E S C R I P T I O N
Expert Marketing
American Media Sales
Smith, Bennet & Martin
Payment by Check
Central Copier Sales
231.59
1000.00
3219.99
P U R C H A S E S S A L E S
12820.00
F E E S D U E F E E S P A I D
13.90
60.00
769.20
193.20
113.50
T R A D E A C T I V I T I E S
C R E D I T L I N E B E G I N N I N G B A L A N C E C U R R E N T P U R C H A S E S C U R R E N T S A L E S C U R R E N T B A L A N C E
10000.00 321.56 4451.58 12820.00
C A S H A C T I V I T I E S
P A S T D U E B A L A N C E
113.50
P A Y M E N T R E C E I V E D C U R R E N T F E E S C U R R E N T C A S H D U E
113.50 1036.90 1036.90
A C C O U N T N O . 12345
1036.90
©2014 BizX | www.bizx.com
T R A C K I N G
• BizX acts as a third party record-
keeper reporting credits and debits
• Accounts can be accessed online
• Monthly statements issued
• One entry on financials; know your
position
• Sales recorded as revenue and
purchases as expenses
A C C O U N T I N G
Accounting with BizX is simple - our procedures are compliant with
GAAP, Sarbanes Oxley and the IRS. A 1099B is issued for annual
aggregate total of all BizX sales.
©2014 BizX | www.bizx.com
C AS E S T U D Y | B R E N T H A V E N
Preserve cash flow
Always looking for ways to improve their
bottom-line, Brenthaven decided to start
accepting BizX Dollars. In the first year, they
earned ¤30K. They were spending $50K in
embroidering, so they started offsetting those
expenses.
BizX has been a great avenue for for
Brenthaven to save money on purchases. It is
a way for them to reduce their expenditure
and they try to use it as much as they can.
Need
BizX Solution
Outcome
B I Z X H E L P S K E E P M Y
O P E R A T I N G E X P E N S E S A S L O W
A S P O S S I B L E .
- SCOTT ARMSTRONG, BRENTHAVEN
©2014 BizX | www.bizx.com
C AS E S T U D Y | C R E AT I V E M E D I A AL L I A N C E
Leverage an additional revenue
stream to upgrade their business
Creative Media Alliance started
out using BizX for things they were
spending cash on anyways, such
as marketing, Christmas parties
and print requests. They soon
began to see it as a way to afford
upgrades for the business as well
as the lives of their employees.
With BizX they furnished
their office with plants,
signage, and cubicles
and took the office on a
ski holiday up to Crystal
Mountain. BizX business
was so good that the
parters were able to take
BizX bonuses, getting
them hot tubs, hard wood
floors, and more.
Need
BizX Solution
Outcome T H E R E I S J U S T
S O M U C H W E
C A N A L W A Y S
U S E O N B I Z X .
O U R F I R S T
T H O U G H T N O W
I S A L W A Y S ‘ C A N
W E G E T T H I S O N
B I Z X ? ’
- RYAN FANSLER,
CREATIVE MEDIA
ALLIANCE
©2014 BizX | www.bizx.com
C AS E S T U D Y | L E O N E & V AU G H N O R T H O D O N T I C S
Grow their overall sales
When you are in a business that is almost
always looking for new customers, such as
healthcare, BizX is a perfect fit. Through the
BizX community, they were able to add many
new customers in a steady stream.
One aspect of BizX that Leone and Vaughn
did not expect was how friendly their fellow
members are to work with. “BizX members
just seem more appreciative,” Vaughn said. In
spending BizX, Leone and Vaughn have
taken a rather generous approach and made
many purchases to benefit their employees.
Need
BizX Solution
Outcome
W I T H B I Z X W E H A V E G O T T E N A
N E W S T R E A M O F P A T I E N T S .
- DR. GREGORY VAUGHN, LEONE & VAUGHN
ORTHODONTICS
©2014 BizX | www.bizx.com
B I Z X E C O N O M I C S
I L L U S T R A T I O N : H O W A C O M P AN Y O F F S E T S A $ 1 0 , 0 0 0 C AS H E X P E N S E W I T H N E W B I Z X S AL E S
W I T H O U T B I Z X W I T H B I Z X
$10000
N/A
N/A
N/A
$10000
Budgeted expenditures
New sales from BizX channel
Out-of-pocket expense (variable)
Transaction Fee (12%)
Total cost of purchase after sale
$10000
10000
$3000
$1200
$4200
¤
