Is Business Services A Good Career Path? 2022 Research

Picking the correct career path is one of the most important decisions you will ever make in your life. It’s vital to do research and ask yourself some tough questions before making a decision.

You may ask yourself, “is business services a good career path?”. This blog post will examine some pros and cons of choosing a career in business services.

We will also highlight some of the critical skills that are essential for success in this industry. So, if you are considering a career path in business services, read on!

Is business services a good career path?

Yes, business services is a good career path because it is stable, has an excellent long-term outlook, and offers opportunities for advancement.

The Bureau of Labor Statistics projects that the demand for business services will grow by 8.2% between 2020 and 2030. This is faster than the average growth rate for all occupations.

The demand for business services is driven by the ever-changing needs of businesses, which often require specialized knowledge and skills.

For example, as businesses increasingly rely on digital technologies, they will need workers who are knowledgeable in data analysis and computer security.

In addition to providing stability and long-term prospects, business services also offer opportunities for advancement. As businesses expand and new technologies emerge, workers who can adapt and learn new skills will be in high demand.

As a result, those who enter the business services field can enjoy a well-rounded career with good prospects for advancement.

What are business services?

Business services is an industry that provides a range of services to businesses. This can include administrative, technical, and creative services.

Businesses often rely on external providers to help them with tasks they don’t have the time or resources to do themselves. This is where business services come in.

Providers in this industry offer a wide range of services, from bookkeeping and data entry to website design and marketing. They are equipped to handle any task a business might need assistance with.

This makes business services an attractive option for businesses that want to outsource specific tasks rather than hire full-time employees. Companies can save time and money using a provider while still getting the job done correctly.

Is Business Services A Good Career Path? Diverse business partners discussing ideas
Is Business Services A Good Career Path? Business partners discussing ideas

Average salary, bonus, benefits & work culture

This section will discuss the average salary, bonus, benefits, and work culture of business services. Before making a career path decision, We need to answer the following questions.

How much do business services professionals make?

The average salary for business services professionals is $51,151 per year. However, this can vary depending on the type of service provided, the company’s location, and the individual’s experience and qualifications.

Many business service providers offer bonuses and other benefits, such as health insurance and 401k plans.

The work culture in the business services industry is generally favorable. Workers enjoy a good balance between work and personal life and can often work from home.

What are the work benefits in the business services industry?

The work benefits in the business services industry are generally positive. Workers enjoy a good balance between work and personal life and can often work from home. Also, many business service providers offer bonuses and other benefits, such as health insurance and 401k plans.

What is the work culture in the business services industry?

The work culture in the business services industry is generally favorable. Workers enjoy a good balance between work and personal life and can often work from home.

What are the entry-level requirements for a career in business services?

The educational requirements typically require a high school diploma or equivalent to enter business services. However, some job roles may require additional education or training.

You also need to work independently and have strong organizational skills. Excellent communication and customer service skills are also essential.

If you want to work in a specific area of business services, such as marketing or accounting, you may need additional specialized training or a degree such as a BA or MA. But overall, the entry-level requirements for a career in business services are relatively low.

What are the entry-level business service jobs?

When evaluating if a career suits you, it can be helpful to explore what entry-level jobs are available. This way, you can get a hunch about the day-to-day tasks and responsibilities involved in the role.

Some of the entry-level business services jobs include:

Business Analyst

A business analyst’s job is to analyze a company’s business model and determine how it can be improved. This includes identifying areas of waste and inefficiency, valuable services, and growth opportunities.

A business analyst typically has a bachelor’s degree in business management or a related area. They must also have strong analytical and problem-solving skills.

The average Business Analyst salary in the United States is $80,314

Business analysts discussing ideas
Is Business Services A Good Career Path? 2022 Research – Business analysts discussing ideas

Financial Analysts

A financial analyst advises businesses and individuals on how to manage their money. This includes investment decisions, budgeting, and financial planning.

A financial analyst typically has a bachelor’s degree in finance or a related field. They must also have strong analytical and problem-solving skills.

According to ineed.com, financial analysts earn an average salary of $71,418.

Accounting Assistant

An accounting assistant is responsible for assisting with the day-to-day operations of an accounting department. This includes bookkeeping, preparing financial statements, and managing invoices.

An accounting assistant typically has a high school diploma or equivalent. They must also have strong attention to detail and work well with numbers.

These are just a few of the entry-level business service jobs available. With the proper education and training, you can pursue a career in any area of business services.

Based on payscale data, accounting assistants should earn $40,026 a year.

Professional and business services career options

The business services industry is full of job opportunities. Here are some examples of the types of careers you could pursue:

Civil Engineer

A civil engineer’s job is to design, oversee construction, and maintain large public works projects, such as bridges, dams, roads, and buildings. A civil engineer typically has a bachelor’s degree in civil engineering.

A civil engineer’s average pay is $85,571 per year.

Is Business Services A Good Career Path? 2022 Research - Civil Engineer
Is Business Services A Good Career Path? 2022 Research – Civil Engineer

Attorney

An attorney’s job is to provide legal representation and advice to clients. An attorney typically has a Juris Doctor degree from an accredited law school.

The average salary for an Attorney is $88,925 per year.

Bookkeeper

A bookkeeper’s job is to keep financial records for businesses and individuals. A bookkeeper typically has a high school diploma or equivalent.

The average Bookkeeper salary in the United States is $41,972.

Information Technology

Working in IT is a broad field that covers everything from computer hardware and software to networking and security.

IT professionals typically have a bachelor’s degree in information technology or a related field, although you can get into this field with professional courses.

The average salary for an IT Professional is $62,582.

Architect

An architect is responsible for the design of buildings and other structures. An architect typically has a bachelor’s degree in architecture.

The average salary for an Architect is $106,316 annually in the United States.

Marketing Professionals

Marketing managers are responsible for creating and executing marketing campaigns. These individuals typically have a bachelor’s degree in marketing or a related field. But in 2022, many will get professional digital marketing certifications instead of a degree.

Marketing Professional’s average salary is around $50,513 per year.

Real Estate Appraiser

A real estate appraiser’s job is to estimate the value of a property. A real estate appraiser typically has a bachelor’s degree in business, economics, or a related field.

According to Indeed, the average salary for a real estate appraiser is $57,701 per year.

Business Administration

An HR manager oversees new employees’ recruitment, hiring, and training. They also handle employee relations and benefits. Business administration or human resources typically requires a bachelor’s degree in business administration or a related field.

The national average salary for a Business Administration is $63,094 annually in the U.S.

Project Management

Project managers are responsible for planning, executing, and overseeing projects. Project managers typically have a bachelor’s degree in project management or a related field. Business services students often like this particular career path because there are many ways to get started as a product marketing manager.

The average salary for a Project Manager is $80,343 per year.

Best paying jobs in the business services industry

Suppose you care more about the salary than this section is for you. Here are some of the best-paying jobs in business services:

Business Intelligence Analyst

A business intelligence analyst earns a median salary of $88,632. BI analysts collect and analyze data to help businesses make better decisions.

Investment banker

An investment banker earns a median salary of $175,189. Investment bankers help businesses raise money by selling securities.

Chief Information Officer

A CIO earns a median salary of $295,954. A CIO manages an organization’s information technology, including infrastructure and computer systems.

Chief Executive Officer

A CEO earns a median salary of $798,513. A CEO is responsible for the overall management of an organization.

Chief Finance Officer

A CFO earns a median salary of $416,549. A CMO is responsible for the financial management of an organization.

Chief Marketing Officer

A CMO earns a median salary of $182,138. A CMO is responsible for the marketing management of an organization, the market research analyst, and other marketing professionals.

Product Marketing Manager

PMM earns a median salary of $137,998. A PMM is responsible for the planning and execution of marketing strategies for a product.

Sales Manager

A Sales Manager earns a median salary of $123,817. A Sales Manager is responsible for the planning and execution of sales strategies.

Information Security Analyst

An Information Security Analyst earns a median salary of $102,621. An Information Security Analyst is responsible for planning and executing security measures to protect an organization’s computer systems and data.

Human Resource Manager

An HR manager oversees new employees’ recruitment, hiring, and training. They also handle employee relations and benefits. The median salary for an HR manager is $126,246

*Salaries are based on external resources:

Indeed,glassdoor,payscale,salary.com,bls.com

How can I find a job in the business services sector?

Finding a job in the business world can sometimes be confusing. That is why we have compiled a list of tips to help you in your job search.

Work on your resume

One of the most important things you can do when searching for a job is to ensure your resume is up-to-date and accurate. Before sending your resume, proofread it for any grammatical or spelling errors, fill in any gaps in employment, and Highlight your skills and experience relevant to the job, you are applying for.

Improve your skills

Improving your personal and professional skills (Also known as soft skills and hard skills) is crucial in finding a job. You might want to improve time management, stress management, active listening, teamwork, and communication skills. Working on acquiring these skills will help you find a good career path.

Communication skills

Active listening skills and other communication skills are essential for business services jobs. Many jobs in this field require excellent communication skills to be successful.

Time management skills

Time management skills are essential because many jobs require the ability to multitask and work on tight deadlines.

Stress management skills

Stress management skills are essential because many jobs can be high-pressure and fast-paced.

Teamwork skills

Teamwork skills are essential because many jobs require the ability to work with others to achieve success.

Start with freelancing

A viable option in 2022 is to start a career in business services as a freelancer. You can start by offering your services on platforms like Fiverr, Upwork, and PeoplePerHour. This will allow you to work with clients from all over the world and build up your portfolio.

Structure & price your offer

When trying to find a job in business services, it is vital to make sure that you structure and price your offer in a way that is appealing to potential clients. You want to ensure that you are offering a fair price for the quality of work you will provide.

Look for remote opportunities.

In today’s world, many business services jobs can be done remotely. You can search on job boards like Indeed and Glassdoor to find remote opportunities. This gives you the flexibility to work from anywhere in the world.

Networking

One of the best ways to find a job in business services is to network with people already working in the field. Attend industry events, connect with people on LinkedIn, and follow companies you are interested in.

Pros and cons of business services careers

Pros:

  • Many jobs in the business world require excellent communication skills, which can be applied in many different fields.

  • The industry is rapidly growing, and there are many opportunities for advancement.

  • Career options often offer a good work/life balance.

  • There are many opportunities to freelance and work remotely in this sector.

Cons:

  • The business services sector is rapidly growing, so job competition is high.

  • Many jobs require excellent communication skills, which can be challenging to learn and master.

  • Jobs in the Business Services sector often offer a good work/life balance, but many jobs are high-pressure and fast-paced while also requiring working on the weekends.

Frequently asked questions

Which business career is best?

There is no one-size-fits-all answer to this question, as the best business career for you will vary depending on your skills, interests, and goals. However, some of the most popular business careers include marketing, accounting, and human resources.

Is professional services a good career path?

There is no one-size-fits-all answer to this question, as the best professional services career for you will vary depending on your skills, interests, and goals. However, some of the most popular professional services careers include marketing, accounting, and human resources.

What does a business service do?

The term “business service” can refer to various roles and responsibilities, but generally speaking, business services are responsible for providing support to businesses and organizations. This can include everything from providing marketing and advertising services to handling customer service inquiries.

Why should you choose business services as a career path?

There are many reasons why you might choose to pursue a career in business services. Some of the most common causes include:

  • The ability to use your communication skills in a variety of different settings.

  • The potential to advance quickly in your career.

  • The ability to find work/life balance in many business jobs.

  • The opportunity to work remotely in many positions.

What do people working in business services do?

People working in business services can do various jobs, from marketing and advertising services to handling customer service inquiries. They may also work in other fields such as accounting or human resources.

Is business services a good career path? Conclusion

“Is business services a good career path?”. While the answer is yes, there are many things to consider before choosing between different business services careers.

Business services may be the perfect choice if you’re looking for a stable and rewarding career.

With an excellent long-term outlook and plenty of career opportunities for advancement, this field is sure to provide you with everything you require to enjoy a successful working life.

Have you considered entering the business services field? If so, we think you’ll feel it is a great decision.

About Skillabilly Editorial Staff

The Editorial Staff at Skillabilly is a team of Personal and professional experts in the education and career services industry led by Shalev Morag. We have been creating Skill guides and tutorials since 2022, and Skillabilly has become an impactful free skills and abilities resource site in the industry.