Business services are various tasks that help maintain a business without producing any tangible product. Examples of these services include consulting, marketing, and information technology services.
These services are provided by businesses or individuals on a fee basis for use by other companies or customers. The work performed by these companies is often specialized and may be done on site for convenience. These services are commonly found in industries that require specific expertise, such as engineering and architecture.
Other common examples of business services are translation and interpretation, and technical support for software and equipment. These companies usually charge a per-use or monthly fee to their clients to ensure they can solve issues as quickly and efficiently as possible.
The workforce for this industry is made up of a wide range of professionals, including lawyers and accountants. The vast majority of those working in the field are employed by business-to-business (B2B) companies. In addition to performing a variety of administrative duties, these companies provide technical support and guidance to their clients in areas such as tax laws, labor regulations, and payroll management.
These professionals are also responsible for ensuring that B2B relationships with other companies run smoothly. They might help with the transfer of goods between locations, or even perform a complete logistics solution like warehousing, packaging, labeling, and light assembly. In addition, these professionals might be tasked with improving an existing relationship by analyzing data from previous interactions and providing recommendations for future ones. This is a large part of what is known as business intelligence.