The Business services sector is a major economic component that encompasses work performed by companies to support the production and sale of goods and services. Activities such as warehousing, accounting, information technology and inter-departmental communication fall into this category. The industry provides employment to a significant number of individuals and plays a vital role in the economy, contributing to 11% of EU GDP. This section contains data on the size of the industry, employment by occupation and projections of occupational change.
Businesses use business services to improve efficiency and focus on core activities. They also help to reduce costs and increase revenue through outsourcing. By leveraging external services, companies can scale up or down in response to market fluctuations. These services also allow them to access specialized expertise and technologies that are difficult or impossible to develop in-house.
Consumers tend to see business services as extras rather than necessities, and they often cut back on them in tough economic times. For example, consumers may stop getting their oil changed or quit hiring a dog walker. Businesses need to find ways to make their business services more valuable to customers so that they are seen as necessary rather than a luxury.
By using the Business Services, you agree to indemnify, defend and hold harmless Snap and its affiliates, directors, officers, stockholders, employees, licensors and agents from and against any complaints, charges, claims, damages, losses, costs, fines, liabilities and expenses (including reasonable attorneys’ fees) in connection with or arising out of your actual or alleged breach of these Business Service Terms. You further agree to comply with any supplemental terms and policies that Snap may publish from time to time in connection with the Business Services.