Читать книгу Finance & Grow Your New Business - Angie Mohr - Страница 14

A service business encompasses any type of business where the item purchased is not a tangible good but instead is “something that is done.” Some examples of service businesses are law and accounting firms, lawn-care businesses, auto shops, and spas.

Service businesses in general require less equipment than manufacturers do, and practically no inventory. Therefore, these types of businesses are generally easier to start on a small scale and require less start-up capital. In fact, service businesses account for the majority of all small businesses in North America.

Service businesses tend to be smaller and more local than manufacturers or wholesalers, because services are provided by people and are generally not able to be shipped by parcel post. It can be logistically difficult to provide services over a wide geographic area. However, business services such as website design, accounting, and data processing are becoming the exception to this rule with the ever-expanding use of email and the Internet.