NEWS AND EVENTS
In today's challenging economic climate, there are many obstacles to ensuring the financial stability and healthy growth of our communities. Business Builders has developed a model that can help. It allows community partners to work together as a team to create synergy and revive local business camaraderie, while allowing financial reward for the participating partners and the community as a whole. Business Builders provides all the tools to make this happen -- from legal agreements for vendors, to our website infrastructure and customized online referral tracking system.
Westville Community Development is looking for ways to help promote the growth of local businesses, while also earning revenue which will help sustain their organization and mission. For each vendor Westville Community Development brings into the Business Builders network, they earn 30% of the monthly vendor fee. If they sign up 300 vendors, at an average of $99 per vendor per month, Westville will earn $9,000 per month, or $108,000 per year.
In addition, vendors pay a small commission or fee on each sale generated through the Business Builders network. A 55% portion of this fee goes to the member making the referral, and the remainder is earned by Westville Community Development. Over the course of a year, Westville's vendors generate $936,000 of total business with various Business Builders vendors. Westville Community Development earns $29,484 in commissions and fees on these sales.*
In total, Westville Community Development has helped generate $780,000 in local business revenues while generating $108,000 + $29,484 = $137,484 to help support its operations.
For more information, please contact Business Builders.
* Assuming a 7% vendor commission charge. Actual commission charges may vary per vendor.