Last week IMS was tagged by BestStartup.com as one of the 21 top business development startups and companies in Wisconsin 2021. Of course, IMS is not a startup, having been in business since 1985. However, I would call IMS a startup business development company!
What service does IMS provide that makes it special enough to make the list? Well, according to BestStartup.com, IMS meets their exceptional performance ratings in innovative ideas, innovative route to market, exceptional growth and growth strategy, management, and social impact.
Using your company’s product or service to purchase products and services. Every company has excess capacity, whether that capacity is time or unsold inventory.
What is excess time capacity? Basically, it’s an unfilled appointment slot. So many businesses have appointment slots. Think about it:
Do you have empty appointment slots? IMS can help fill in those gaps.
What is unsold inventory? This is not as easy as it sounds. Of course, there are the physical retail inventory’s that must be sold to make way for the newest models and fashions, but what about unsold space inventory?
Many businesses rely on space rentals as a sales model. Some of those businesses include:
Businesses that rely on IMS to fill in space rental gaps know that an IMS customer in their empty space is tipping in cash, using non-trade-related services in the area, keeping employees busy. And the best part, the once empty space is earning revenue.
Innovative Route to Market
Using IMS as an additional revenue source, it’s possible to break into markets outside your immediate area by selling your product or service to any of the 16,000 businesses associated with IMS throughout the US! Imagine being a startup and having a share of the market in states on the other side of the country. Your company’s participation in the IMS network automatically opens the door to increasing sales in your own market and any markets in which you choose to expand.
Exceptional Growth and Growth Strategy
Not only has IMS grown to be the largest independently owned business development service company of its type in the US, but IMS has also helped businesses participating in the IMS network to grow their own businesses, and survive the tough times by using the IMS service to conserve capital cash.
Recent events such as the 2008 depression and the 2020-2021 pandemic have shown how quickly a company can face tough decisions and long roads. During these economic downturns, IMS had record years because businesses found they could trade what they had for what they need just by picking up the phone and calling IMS.
Management
Societal Impact
Using services available through the IMS network can be for business OR personal reasons. We hear so many stories about how a child was able to have braces, or someone could get their ducts cleaned to help their allergies, or laser surgery to correct vision loss or charitable contributions that allowed a special needs kid have fun. Businesses can offer employees enhanced health benefits by making chiropractors, dentists, accountants and so much more available through their accounts with IMS. Payroll bonuses, employee incentives, and health care reimbursements through a business’s IMS account creates stronger work-life balances for employees, keeping them happy and working.
All these reasons for being nominated as one of the 21 top business development companies in Wisconsin prove that the IMS service for start-up and established businesses is well deserved.
Is your business part of IMS? If not, Go-IMS!