Tuesday, February 16, 2021

What is a service company?

When setting up a business, the entrepreneur must define the activities he will carry out on behalf of his company. Among all the choices available to him, he can opt for the creation of a service company.

Definition

It is important to know that a service company operates in the tertiary sector. In this sense, it carries out activities to provide added value to any product. It can also work as a service provider for an individual or another company, for remuneration.

Characteristics

The service company differs from other companies operating in the industrial, commercial or agricultural sector (such as agricultural LLCs ) by the fact that it mainly offers intellectual and / or technical services. Indeed, the latter offers what are called market services. According to INSEE or the National Institute for Statistics and Economic Studies, it is possible to classify the market services that can be offered by this type of store. Among other services offered are: freelance engineering jobs

information and communication;

real estate activities

financial activities;

insurance activities;

trade and transport activities;

catering and accommodation activities;

scientific and technical activities;

administrative and support services (for example a service company specializing in the management of the accounts of an individual or another company);

etc.

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