MEDIA RELEASE 06 August 2008
Boxing match maker has BBX in his corner
Australia's number one boxing match maker and Central Coast personality, Angelo
Hyder has known plenty of good times but also knows when times get tough it pays
to have someone like BBX in your corner.
In the past few years, Hyder has organised fights for big name boxers like Mike
Tyson, has helped steer Danny Green to new found success, and has been behind
some of Australia's finest boxers.
An accomplished trainer and a former decorated Australian Army boxer, Hyder is
one of the busiest people in Australian boxing, training, promoting and even
commentating for major Fox Sports boxing events.
Hyder became a BBX member in 1999 and has found it to be vital to his business
and has used his BBX trade dollars on many things, including sign writing,
advertising, accommodation, gym equipment and even his most valued purchase, a
sauna.
"The business of boxing isn't constant as far as money making goes," Hyder said.
"But I've been able to get through the hard times when cash flow is low by using
my BBX dollars, especially the interest-free loan system. It's kept my head
above water and without BBX I would have had to close up shop. It's given me a
better quality of life and extra income."
"BBX also helped my launch my other business venture, an arthritis relieving
spray and cream. By using BBX services I was also to refurbish and extend a
factory and all the materials were paid for in BBX dollars," he added.
"I was a member of another trade exchange but I found that it didn't offer
anywhere near the customer loyalty I get with BBX. BBX has worked hard for me
over the years and I have built solid relationships with the BBX team. Their
advice, often outside the realm of BBX, has helped me to grow my business," said
Hyder.
BBX is a trade exchange that uses its own currency (BBX dollars) - which has the
same value as Australian currency - to assign value to the transactions that
take place between member businesses. In essence, the exchange acts as the third
party record keeper, similar to a bank, and provides a sophisticated bartering
market where thousands of transactions take place.
BBX successfully listed on the ASX in August 2005 to become the only publicly
listed barter exchange managers in the world to be listed on a main board. It is
a membership based trading program whose primary role is to generate new
business for all types of businesses and to show business owners how to offset
many current cash expenses by utilising the down time or idle inventory in their
business.
The company also offers a broader range of financial services in areas such as
mortgage broking via BBX Money, including leasing, business finance and general
loans in both cash and trade dollars, financial planning through their latest
initiative, BBX Financial Advisers, insurance services through BBX Insurance,
mainly offering 'Business Packs' and property services through BBX Real Estate
and its NSX-listed BBX Property Investment Fund (www.bbxpropertyfund.com.au).
BBX has offices and/or franchises situated throughout Australia and operates in
both islands of New Zealand. Member businesses in these two countries traded in
excess of $188 million in the financial year ending 30 June 2007, averaging over
$33,000 per active member business.
Franchises have also been established in Costa Rica, India and China, with other
international franchises currently being negotiated.
BBX can be contacted by phoning 1800 222 229 or visiting the website
www.ebbx.com. BBX Money can be contacted by
phoning 1300 200 BBX (1300 200 229).
Released for BBX by Dennis Rutzou Public Relations (www.drpr.com.au)
For further information please call Joanna Gitsham or Nicola Rutzou on (02) 9413
4244.
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