A business is an entity that operates to make profits by producing or selling products and services. A business can be owned and operated by a single person as a sole proprietorship, or it may be owned by multiple individuals, operating as a partnership. A business can also be operated as a corporation, which is an organization registered with the state and has shareholders, officers, and a board of directors. A corporation is a legal entity that is separate from its owners, and it has limited liability.
The business services industry is a diverse sector that encompasses many different categories of companies. Some of these include consulting, marketing, transportation, logistics, waste management, staffing, and administrative services. These companies provide a variety of non-financial benefits to their customers and are critical to the success of a company. In fact, many companies cannot operate without these services.
One type of business service is business to business (B2B) services, which are transactions between trade organizations rather than between a company and its consumers. For example, a car manufacturing company performs B2B services when it buys raw materials from a wholesaler such as tires, rubber hoses, and other parts needed to build cars.
Another type of business service is IT services, which help businesses keep their technology up to date and running smoothly. These professionals can troubleshoot any problems with networks, computers, and software and are essential for a company’s day-to-day operations.
Other business services include maintenance services, which help companies keep their buildings and equipment in good condition. These services can be performed by outside companies or in-house staff. For example, a company may hire an outside pest control service to take care of pest infestations in its office spaces. Other common maintenance services are cleaning, electrical and plumbing repairs.
Lastly, a company may need human resources services to help manage its employees. These services can be provided by in-house human resources departments or outsourced to third-party companies. Some of these services include hiring, training, and performance evaluations.
A career in business services offers a variety of opportunities for people interested in working in an industry that provides essential products and services to all sectors of the economy. Some of these jobs require no more than a high school diploma or GED certificate, while others can demand a bachelor’s or graduate degree. Regardless of the amount of education required, a career in business services is a great option for people looking to work in an industry that continues to grow and thrive. Interested in learning more about business services? Download our free eBook!