Business services are the activities that benefit companies without supplying physical products. These services are essential to the production, marketing and cost-effectiveness of firms, especially for large ones.
Business-to-business service (B2B) is the involvement between trade organizations such as wholesalers, manufacturers and retailers. It differs from business-to-consumer and business-to-government transactions, which involve the interaction between customers and government agencies.
B2B service providers help companies reduce their costs and maximize productivity by providing services such as transportation, inventory management and logistics. The services are provided for a fee, either through a fixed price or hourly rate.
Modern business intelligence is the process of analyzing and extracting information from big data sets to help businesses make informed decisions. It is a critical part of modern business operations and includes things like financial analysis, click-through rates on certain articles at a specific time, and much more.
Employee-focused personal services are also common for businesses to hire, including fitness facilities, relaxation rooms and transportation. The services are often used to provide a positive workplace experience, and can be beneficial in motivating employees to perform their best work.
Business consultants are specialists who work with senior executives on a variety of issues related to their businesses. They provide research and analysis, develop project plans, and offer guidance when problems arise. They can work for a company on a temporary basis or as a full-time employee for several months at a time. They typically have a degree in business administration or a related field.