Business services are intangible goods primarily sold to organizations. These are everything from IT services such as a cloud infrastructure platform to telecommunications and software solutions to financial services like bond issuance. They also include advisory services from investment banks regarding company financing and top level strategy such as mergers.
A good way to think about Business services is to consider what a business needs from other businesses in order to function optimally. For example, a service business might need accounting or transportation to get its products out the door. It might need a logistics company to coordinate its warehouse operations. Or a law firm might need an actuary to determine the risks of certain projects.
The Business Services Center is New York State’s central office for processing the transactional human resources and finance transactions that are common across agencies. By doing so, the Business Services Center increases efficiencies and lowers costs and allows the agencies to focus on their core mission activities.
If you’re interested in learning more about the day-to-day tasks of a business services professional, check out one of Forage’s free virtual work programs such as Break Free Academy, which offers career coaching for sales professionals and entrepreneurs. These programs allow participants to work from home or anywhere else with an Internet connection, a real-life experience that’s very similar to working in the industry. It’s a great way to determine whether or not a job in business services is the right fit for you.