Is Business Services A Good Career Path?

Is Business Services A Good Career Path

When you begin to consider the various career options available in the business world, it can be overwhelming. After all, almost every job is in some way related to a business. Interestingly, many of them fall under the umbrella of business services.

Owing to the importance of business services in all industries, the term “business services” has become well-known. However, most of the time we are unaware of their presence. We’ve all heard the phrase “business growth.” It depicts how well a company or organization runs and profits from sales, such as banks, real estate, or business firms.

But is it that simple to build a successful business? “NO,” is the answer. A company relies on individuals such as business strategists, planners, marketers, financial analysts, and others to increase sales, engagement, and growth.

This is a great career path for people whose desires and intellectual capacity suit one or more professions in this specific field. Read on to discover what jobs are classified as business services so that you can make an informed choice about whether this is the right career path for you.

What are business services?

Any industry that supports a company’s operations, productivity, or infrastructure is referred to as business services. Companies require various types of business services, so you have many options when looking for a career in the business services sector.

Advertising and accounting agencies are two examples of professions in the business services industry. These jobs do not require you to create any tangible products.

Nevertheless, the services of these experts are in high demand even in companies that manufacture tangible goods. They require competent hands to handle activities relating to the company’s operation, marketing, and management.

The primary objective of business services is to assist other businesses in growing and achieving their objectives.

Are business services a good career path?

Absolutely! This is due to the fact that those in this target market do not provide any product but instead provide support services for other companies in the form of specialist services, machinery and equipment, and expertise to accomplish their objectives. Business services is a diverse industry with many sub-industries. The industry offers a diverse range of fields and businesses to explore.

There are numerous positions and roles available for prospects interested in the industry, ranging from software services, marketing services, insurance, legal services, delivery, and security. This helps to mitigate and reduce one of society’s most troubling social problems, the alarmingly rising rates of unemployment.

Furthermore, business services are quite a career path due to its flexibility and time luxury to pursue other goals. With the necessary credentials, experience, and skillset, one can reach the pinnacle of their respective careers in business services.

What is the average salary of a worker in business services?

According to the Bureau of Labor Statistics(BLS), the average salary for a worker in the business services industry ranges from $26,709 to $775,866.

Although this may vary depending on a variety of considerations such as education level, location, experience, and work type, you can expect to start earning between $19,050 and $30,000, according to the BLS survey.

How many jobs are available in this field?

Many different types of jobs fall under the category of business services. They can all be good career paths; the key is to find the one that is right for you.

Jobs that would be classified as business services include:

  • Accounting Positions
  • Customer Service
  • Sales jobs
  • Human Resources (HR)
  • Marketing Positions
  • Legal services
  • Management and supervision
  • Public relations (PR)
  • Finance roles
  • Training services
  • Event planning
  • Administrative support
  • IT services

Best paying jobs in business services

  • Marketing Managers $135,900
  • Human resource managers $116,720
  • Personal financial advisors $87,850
  • Sales managers $126,640
  • Public relations managers $116,180
  • Management analysts $85,260
  • Training and development managers $113,350
  • Business operations specialists $73,570

Factors why you need to choose business services

High Job Prospects and Demand

As a career path, business services are always in high demand, with the outlook statistics and job demands that are astronomically high.

The industry has a wide range of job demands; these demands are gradually becoming more demanding as technology advances. This has increased the number of opportunities, positions, and roles available.

Excellent Work Culture

Business services offer and expose employees to valuable and excellent work culture that adheres to high industry standards in terms of global best practices.

Workplace safety, gender equality, and so on are examples of excellent workplace cultures.

Multifaceted Fields and Disciplines in the Industry

The business services industry, like other industries, is multifaceted and encompasses many fields and disciplines.

The industry is highly dynamic because all jobs are intertwined with one another, both working in unison to attain industry aims and goals.

Growth Possibility

Jobs in the business services industry allow personal development for those who work in the field.

People working in the industry can take advantage of a variety of training, workshops, and symposiums to enhance their scope, knowledge, and skill set.

This can be used as starting points in their career path to progress and get promoted right to the peak of their careers.

Job Ease and Flexibility

The business service career path is simple and flexible. Jobs in this field are more flexible, have more vacations, and require less time.

Jobs in this industry provide employees with the luxury of time and a flexible schedule to work on their jobs while also pursuing their other passions and interests.

Top 5 companies in the business services industry

1. Alibaba group holding

Average Revenue: $109.480 billion

Number of Employees: 251,462

Headquarters: Hangzhou, China

2. Accenture

Average Revenue: $50.533 billion

Number of Employees: 699,000

Headquarters: Dublin, Ireland

3. Fidelity national information services

Average Revenue: $14.146 billion

Number of Employees: 70,000

Headquarters: Jacksonville, Florida

4. Deloitte

Average Revenue: $50.2 billion

Number of Employees: 345,374

Headquarters: London, UK

5. Booking holdings

Average Revenue: $10.958 billion

Number of Employees: 19,400

Headquarters: Connecticut, U.S

In conclusion – Is Business Services A Good Career Path

Business professionals are in high demand today, providing valuable services to a wide range of small, medium, and large organizations around the world.

The majority of business jobs are well-paying, and the good news is that job opportunities for graduates are expanding year after year. As a result, a career in business services is an excellent choice.