Business services are intangible products that help businesses function and operate. They are a subset of economic services and provide the foundation for numerous industries, including IT, finance, banking, insurance and transportation. In addition, many of these services are ad-hoc and often customized for each customer, making it difficult to measure them. They are also non-revenue generating, as they do not produce a tangible product and are consumed immediately after being produced. In contrast, goods and utilities are revenue generating.
While the list of types of business services is vast, some common examples include: IT services like data backup and software development; facility management services; consulting services; and labor-based services such as onsite defensive computing training. These services are designed to improve the performance and productivity of an organization, and they can be purchased from a wide range of providers.
The value of business services is that they facilitate efficiency, enhance operational growth and increase competitiveness. They provide access to specialized expertise and enable companies to outsource noncore activities, which frees up internal resources for more strategic initiatives. In addition, they can be leveraged to enhance the customer experience and drive brand loyalty.
Businesses of all sizes and in every industry rely on business services to function, grow, and compete. Some of the most valuable business services include IT services, which facilitate electronic health records, HR services, and financial transactions; marketing services that build brand loyalty in retail; and logistics services that ensure efficient distribution and inventory management.
A variety of educational qualifications are required to work in a business service job. These include degrees in IT, finance, business, and management. A bachelor’s degree in any of these areas is a great start, but additional education or certification may be necessary to advance in the field.
Business services jobs are lucrative, offering highly competitive salaries. They also offer a number of benefits, such as flexible schedules and the ability to choose where you want to work. Additionally, many jobs in the business services industry can be performed remotely, which is a huge draw for some employees.
The Business Services Center (BSC) provides New York State agencies with centralized, high-quality support services for transactional human resource and finance activities that are common across multiple organizations. The BSC was established in 2012-13 to increase efficiencies and reduce costs, while allowing agencies to focus on their core mission activities.
BSC staff work in a variety of different career fields and specialize in a diverse set of skills and talents. Many BSC team members are bilingual and are able to work with individuals from different cultural backgrounds. These employees are critical in ensuring that the BSC can meet the needs of all stakeholders. The BSC also strives to be a leader in best practices and is committed to excellence in all that we do.