The business services industry includes all the companies that offer services to businesses that don’t produce products or sell direct to consumers. These services are typically intangible and can include consulting, software, and training. They’re a vital part of the economy and often support businesses that do create products.
The types of businesses in this sector can vary, from accounting firms to digital marketing agencies. They can also include retail businesses, law firms, healthcare providers, and financial institutions. The industry is made up of many smaller individual companies as well as large multinational corporations.
Companies that provide business-to-business (B2B) services help other businesses perform their jobs better. These include consulting, accounting, marketing, and IT services. They are vital to the economy and make up a significant percentage of the global GDP in most countries.
Business-to-consumer (B2C) service businesses, on the other hand, sell directly to consumers. They may specialize in offering specific types of services or have more broad offerings such as healthcare or entertainment.
Some jobs in this sector are high-pressure and require a fast-paced work environment. People with low stress tolerance or who don’t have excellent interpersonal skills should avoid these roles. If you’re interested in working in the business services industry, there are many opportunities available, from entry-level positions to executive roles. Some require only a high school diploma or GED certificate, while others may need a bachelor’s degree or higher. Check out some of the free virtual work programs offered by Forage to learn more about what it’s like to work in these fields.