“I use BizX as much as I can for business expenses,” he explains. “It allows me to apply my cash towards growth opportunities.”- Tyrone Tan, Vice President of Accel Employment. BizX Member since September 2006.
Business Exchange
It is estimated that more than 450,000 businesses in the United States participate in business exchange relationships to supplement their cash transactions and that more than two-thirds of Fortune 500 companies participate as well. The BizX business exchange network provides an entirely new avenue for increasing your revenues and market share by building new commercial relationships through a mutually beneficial exchange of goods and business services.
BizXchange members are simply agreeing to accept an additional form of currency for payment. Member companies are free to purchase any product or service within the BizX network-they do not have to accept each other’s merchandise directly.
The BizX Code of Ethics and our adherence to international guidelines ensure that all bartering transactions are conducted in an ethical and fair environment for all members.
Working with members of the business exchange network
BizXchange acts as a third-party record keeper, just like a bank, providing monthly statements that reflect the current dollar balance. All business trade transactions are recorded pursuant to trading procedures, policies, rules and regulations of BizXchange and the IRS. Unlike a bank, however, BizXchange will actually connect you directly with other associated companies. Your BizXchange specialist is active in the market place, bringing you new customers to purchase your products and services with BizX dollars. You can then use those dollars to offset current expenses by purchasing products and services from other members. This allows member companies to preserve their valuable cash resources for other uses.
