Business services are those activities that support businesses, even if they don’t produce tangible goods. Examples of business services include information technology (IT), procurement, shipping and finance.
IT is one of the most important business services as it aligns IT assets with a company’s goals, allowing it to be more profitable and efficient. It also provides a company with access to a wealth of data and helps it analyze it to identify trends that can lead to improvement.
Software services are used by many companies to upgrade their computer systems, update applications and provide anti-virus protection. These services also assist in troubleshooting technical issues that may occur.
Delivery services help companies receive supplies without having to physically shop for them, saving time and money. These services can also transport products to customers, enabling businesses to reach their target markets more quickly and efficiently.
Real estate services are employed by a wide range of organizations, helping them find workspaces that meet their needs. They also negotiate rental agreements and oversee maintenance of a company’s space.
Personal services are another popular service that many companies hire for their employees. These services can include child care and in-office daycares, which help keep employees happy and productive during their shifts.
Insurance services are essential to many businesses, providing coverage for their employees, property and other assets. They can help a business reduce its financial obligations and increase its profitability.
Managers of business services can earn a variety of salaries depending on their level of experience and industry. The median manager of business services salary in the United States is $169,521.