What Are Business Services?

Business services

Business services are activities that support a company’s operations and infrastructure but don’t create physical products. They include IT, financial, human resource, marketing, advertising and logistics services that enhance a company’s growth and productivity.

The Business Services sector has a significant untapped potential and can play an important role in Europe’s economy. Despite facing some difficulties due to low average productivity and persisting legal barriers, EU Internal Market legislation and policy actions aim at removing these obstacles and stimulating competitiveness in the sector.

Companies need all sorts of business services in order to operate successfully. For example, they need a bank to ensure the availability of funds; an insurance company to cover their plants, machinery and goods against damage or loss; a transport company to ship raw materials and finished products; a warehousing service to store them; a telecom and postal services to communicate with vendors, suppliers and customers; and a variety of other professional services like advertising, consulting and marketing.

The good news is that careers in this field can be very rewarding, especially for those who are comfortable working with people and are able to think outside the box. Many of these jobs also offer excellent pay and plenty of opportunities for advancement. Plus, if you’re looking for a career that offers the flexibility to work from home or another location with a good Internet connection, business services might be just what you’re looking for. For more information on the various careers in this field, check out our article about Careers in Business Services.