Starting a service business involves creating a company that provides intangible products, such as consulting, financial planning, or home repair. Unlike product-based businesses, service businesses rely on the skills and expertise of their employees to generate revenue. Service businesses can be small, one-person operations or large, multinational corporations.
There are many reasons to start a service business. Service businesses can be profitable, especially if they provide a service that is in high demand. They can also be flexible, allowing you to work from home or set your own hours. And, service businesses can be personally rewarding, as you can use your skills and expertise to help others.
