Business services Businesses for sale
Business services is a common term used to describe a group of services which exists for the provision of various businesses but doesn’t lead to the production of any tangible good but only value. For instance Information technology (IT) is avital business service assists many different business services such as supply chain management, procurement, shipping and finance.The core business for many companies is to provide business services to other companies by Business Processing Outsourcing (BPO). India is world’s fasted growing services market, contributing almost 66 per cent to the Gross Domestic Product of the country. The business services sector includes, legal services, consultancy, BPO, KPO, facilities management, recruitment, training, marketing, analysis, security, logistics and many more. However the sector is extremely fragmented and thus any particular service provider can’t be recognised as a market leader and the top 50 companies only contribute 25 per cent of the total revenue of the industry.