Business services are services that a company provides to customers. This includes everything from office administration and personnel management to travel arrangements and cleaning.
The Business services industry in the United States includes about 420,000 establishments (single-location companies and units of multi-location companies) with combined annual sales of $950 billion. The industry consists of many different sectors, allowing people with a variety of skills to pursue careers in the industry.
Employment Growth: Despite recessionary times, the business services industry continues to grow and thrive. According to data and research firm Statista, the sector will see 2.1% annual job growth through 2030.
Pros of a Business Services Career
One of the benefits of a career in business services is that it offers flexibility. You can work from home or anywhere that has an internet connection, says Jennifer Spinelli, founder and CEO of Watson Buys and an IT management and operations consultant.
Another advantage of business services is that they often offer jobs with low barriers to entry, meaning you can start a small business without the financial risks associated with starting a large firm. For example, landscaping and pest control businesses can be started with little capital investment.
Business services also often focus on helping companies save time and money, as well as ensuring that employees have a work-life balance. For example, some businesses hire in-office day cares to ensure employees have adequate child care during the workday. This can be a helpful way to maintain a healthy work-life balance and save on employee healthcare costs.