You don’t always have to pay cash. Learn how your small business can trade one product or service for another. If a client (or you) can’t pay with traditional means, it doesn’t mean anyone needs to call small claims court. Instead, what about bartering? You may be imagining old-time scenarios of doctors accepting a bushel of farm goods in exchange for medical treatment, but bartering is alive and well in the modern age.
"Bartering has been very profitable for us. It enables us to buy goods and services that we ordinarily wouldn't because cash flow is tight at a particular time of year. So when we have to do things and the business demands it, it's nice to be able to go to IMS."