Business services are non-physical goods or services that help a company’s operations, infrastructure and productivity. They are a recognized subset of economic services and include everything from IT services, property management, accounting, consulting, and training to supply chain and logistics.
Businesses require a variety of business support services to succeed. Some of the most popular are IT services, facility management, human resources, and procurement. Business service providers can be found across all industries and offer a wide range of industry specific expertise and functionality to support the success of a company.
Unlike physical products, services are intangible and cannot be stored for future use. Instead, they must be provided immediately to satisfy a customer’s demand. Services can also be delivered in a variety of ways including online, on the phone or via email.
A service business has many benefits including the ability to charge higher prices for a specialized offering, recurring revenue through long-term contracts, and the potential for upselling additional services to existing customers. These advantages can make a service business more profitable than some other types of businesses.
The Business Services page is where you manage the services you select to prioritize and display in the SL1 dashboard. You can add and delete services from this page. To add a new service, click the + button. To remove a service from the list, select the check box and then click Delete Services. You can also enable or disable RCA options for one or more services from the Business Services page.