Business services are various tasks and activities that support a company without resulting in a physical commodity. They include things like animal control, maintenance and information technology, among others.
Companies rely on these types of services to increase their productivity, lower costs and reach new markets. For example, a business may hire animal control professionals to eliminate pest infestations that could damage or disrupt its work environment. Or, a tech service professional can troubleshoot issues with computer networks or software. This helps keep employees productive and prevents work downtime.
Another type of business service is called a B2B service, which involves transactions between trade organizations. An example of this is a car manufacturing company completing B2B transactions with wholesalers to acquire the materials needed to build cars.
The professional and business services supersector includes a broad range of industries, including accounting, legal, consulting, staffing and management, engineering and architecture. These industries are the backbone of our country’s economy and contribute to nearly every industry in America.