Jobs in the Business Services Sector
Business services are activities that benefit companies without delivering tangible products, such as marketing, consulting, waste removal, and staffing. These services can help companies cut costs and improve efficiency, and they’re particularly valuable during times of crisis, such as the coronavirus pandemic. With new communication technologies and outsourcing options, the industry is evolving quickly to meet transforming business needs.
Many jobs in the sector require little more than a high school diploma, GED certificate or vocational degree. However, the specialized nature of business services means some require a bachelor’s degree or even a graduate degree. For example, a job in human resources might be ideal for someone with strong customer service skills, but a career in technology management is more suited to someone with IT experience and an advanced degree.
A wide range of industries rely on business services, including retail, finance, manufacturing and transportation. Despite this broad range, there are certain characteristics that all business services share. For example, businesses often contract a company to perform an activity for them that they can’t do themselves due to insufficient resources or time. These activities might include marketing, consultation, and logistics (including travel and facilities services).
Another common type of business service is financial services, which provide a variety of financing options for companies. These can include business loans, lines of credit and merchant cash advances. These options can help a company cover expenses during times of growth or to make acquisitions.
Other types of business services include warehousing and shipping, as well as administrative support. These are often referred to as business-to-business services, or B2B, because they provide services for other companies. These companies might need these services to store excess inventory, manage warehouse operations or perform light assembly for a product. In addition, these services can also offer value-added logistics services, such as sorting and packaging bulk goods for delivery, labeling and coordinating deliveries and tracking orders.
As the economy recovers and demand for these services increases, the number of jobs in the industry is expected to grow. However, the industry faces some challenges, such as low productivity and legal barriers to trade. EU Internal Market legislation and policy actions aim to reduce these obstacles, which should stimulate competitiveness in the sector.
These Terms apply to your use of the Business Services and may be amended by Snap from time to time. You can find the most recent version of these Terms on our website. These Terms supersede all previous versions of these Terms. You agree to be bound by any such amendments if you continue to use the Business Services after they become effective. You acknowledge and agree that Snap is not liable for any loss or damage caused by your use of the Business Services. You further acknowledge and agree that the indemnification obligations set forth in the Snap Terms do not apply to these Terms. Except as expressly provided in these Business Services Terms, nothing in the Snap Terms shall exclude or limit any liability to the extent such liability cannot be excluded or limited as a matter of law.