If you are looking to network with other business owners in the Bronx, then you have come to the right place! We will teach you everything you need to know about becoming a member of the Bronx Business Network, and the first step to taking advantage of the platform is to simply click here to join now!
Located in New York City, the Bronx represents a business opportunity unlike any other. As the 21st-largest borough, the Bronx offers a vast quantity of properties including office spaces, manufacturing plants, and shopping centers. With a population of more than 1.4 million people, the Bronx is a hub for business activity. If you are interested in starting or expanding your business in New York City, then the Bronx is the place to be!
The Bronx Business Network (often referred to as the BXN) is a business league for entrepreneurs and small businesses in the Bronx. It is a place for members to connect, learn, and grow together. The BXN provides the framework for members to achieve success through shared knowledge, appreciation of diversity, and the promotion of business.
Founded in 1981, the Bronx Business Network is a non-profit organization that provides training, mentorship, and business-focused social events for its members. The Bronx Business Network helps its members develop the skills they need to be successful in any industry. Furthermore, the organization’s resources are available for members to use, whatever their needs may be. When you join the Bronx Business Network, you become part of a powerful network of entrepreneurs that are there to support your success.
What is a Business Sponsor?
A business sponsor is a businessperson or company that agrees to sponsor an event, club, or organization for financial support. Sponsorship is usually given for a period of time (usually between one and five years) and at the end of that time, the company can opt out of the contract without any further obligations. The benefit of having a business sponsor is that the company takes on the responsibility of supporting the activities of your business or organization. The company also provides you with an array of valuable benefits, some of which are detailed below.
The Ability to Access Capital
Access to capital is certainly one of the biggest drivers of business growth today. No business owner can afford to operate a business without first obtaining sufficient funding to see them through the start-up phase. A commercial bank loan, for example, is something that many businesses cannot qualify for given their credit history. For this reason, many businesses rely on their personal savings to get them through the start-up phase. While this is certainly achievable, it is not the most desirable option for a business owner who desires to grow their company. Having a business sponsor provides you with the opportunity to access capital and grow your business without the need for external loans or venture capital.
Exposure to the Capital Market
The capital market is the group of people, institutions, and organizations that provide cash and credit to companies and entrepreneurs in exchange for a share of ownership or a promise to pay back funds plus interest. To be able to access the capital market, you need to have a business that is capable of generating revenue. Having a business sponsor gives you access to a network of individuals and institutions that can provide you with loans and credit cards to expand your business. Many business owners that are members of the Bronx Business Network can attest to the fact that the network provides access to a wide range of financial services and goods that can assist your business in achieving success.
As a member of the Bronx Business Network, you receive a wide range of benefits including training, resources, a powerful network, and much more! When you join the organization, you also get access to several valuable resources developed by BXN members that can help you in running your business. The range of benefits that BXN provides is extensive and includes everything from legal assistance to market research and accounting. The list of benefits can be found here: https://newbronx.com/bxn/about.
How to Join
To join the business network as a potential member, simply click here to access the membership form and submit your information. You will have the option to join the network as a bronze, silver, or gold member. You can also find and sign up for a business networking group near you by clicking here. Once signed up, you can enjoy the benefits of being a member of the Bronx Business Network!