Business services are non-financial support functions that allow businesses to focus on their core strengths. They include advertising, marketing, consultation, waste handling, shipping, administration and staffing services. Almost every company has some type of business service.
A large portion of the business services industry is made up of financial services providers. These include banks and credit unions, investment firms and insurance companies. Financial services help companies manage their budgets by providing them with loans and lines of credit. They also offer bookkeeping and tax preparation services.
Another major component of business services is warehousing and distribution. This includes services like storing goods, picking and packing items, and shipping products to customers. It also includes value-added services, such as performing light assembly work, labeling goods, and preparing packages for shipment.
Other types of business services include human resources, legal services, and technology support. These services allow companies to concentrate on their core business and provide better customer service. Additionally, they can help improve the productivity of employees by reducing unnecessary tasks.
The business services industry is growing quickly, and there are many career opportunities for those with the right qualifications. Some jobs in this field require only a high school diploma or GED certificate, while others may need a bachelor’s degree or graduate degree. There are even virtual business services jobs available for those who want to work from home or anywhere with a good Internet connection. Interested in working in this field? See our complete list of business services jobs.