Business services are the intangible help that companies need but don’t necessarily result in a physical product. These include marketing, consulting, logistical support, shipping, administration and many other categories. Almost every business requires some form of these services to function and compete in the marketplace.
These services are usually provided by third-party companies. They are primarily used by large firms that cannot handle all aspects of their operations themselves. They provide the necessary support and infrastructure that allows the firm to operate efficiently.
A firm may hire a business service company to assist with a specific task, such as pest control or maintenance work. Other business services might include legal counsel, training and IT help. These services are often offered on a contract basis and may be billed in monthly installments.
Financial services are another important category of business services. These services can be offered directly to consumers or through businesses. They can be used for financing expansion, new equipment or even daily operating expenses.
People who work in the field of business services enjoy a variety of career options. Some jobs in this sector require only a high school diploma or GED certificate, while others may need a bachelor’s degree or higher. Those who enjoy working with people can find work in human resources or customer service, for example. There are also opportunities to travel and meet with customers as part of a business services job. The demand for these positions is expected to increase in the coming years, according to data and research company Statista.