Business services are support functions such as human resources, finance and accounting, information technology, supply chain management, and front- and back-office operations that enable other businesses to achieve their goals and earn profits. These functions can be consolidated into a shared service organization to improve efficiencies and cost savings that would be difficult to attain through decentralized operations. A shared services organization operates like a business within a company, leveraging an infrastructure that includes a common technology platform and a defined set of processes.
All businesses need to provide business services to operate. The types of business services vary by industry and include marketing, human resource management, financial management, accounting, risk assessment, IT infrastructure maintenance, and facility management. Increasingly, the business services industry is global in nature, and the needs of businesses are changing rapidly. For example, business services firms providing warehousing and distribution services have evolved to meet customer demands for faster delivery of goods.
In contrast to product-based businesses, service-based businesses don’t need to invest in manufacturing equipment. However, they do need to purchase materials and labor. These businesses often specialize in specific products or services that are unique to each client. Service-based businesses tend to be more competitive than product-based ones because they offer more flexibility and customization options.
As the world economy continues to expand, the demand for business services is growing. This has lead to the development of new companies that can meet these needs and provide more job opportunities for individuals who are looking for a stable career. Although a high school diploma or GED is enough to start many of these jobs, people with college degrees and specialized business skills can find higher-level positions.
The best way to find a job in business services is by searching online. There are many websites that list jobs in various industries including healthcare, retail, education, and business services. Many of these sites also allow you to filter by specific locations and keywords. Using these filters can help you narrow your search and find the perfect job for you.
To view a pop-out list of menu options, click the icon (). A service can be configured to display one or more dashboards. A widget can be added to a dashboard by clicking the icon ().
In SL1, you can mark a service as a favorite by selecting it from the Business Services page and then clicking the star icon. Favorite services display at the top of the Business Services page by default and are included in multi-sort functions.
To remove a favorite, select it from the Business Services page and then click the star icon again. You can also create a customized business services dashboard by selecting a service from the Business Services page and clicking the icon (). Then, you can add any combination of metrics to the dashboard. You can then add or delete services from the dashboard as needed. To learn more, see Creating Custom Dashboards for Business Services.