Business services are a group of actions/activities that help companies maintain and grow, but don’t necessarily create any tangible product. These services include the likes of information technology, warehousing and shipping, among others. Large firms rely on these services to meet their everyday business needs and make up a major portion of the commercial world.
Business-to-business services (B2B) are transactions that take place between trade organizations, such as manufacturers and wholesalers. B2B services are a form of outsourcing that saves businesses money and time by transferring a task to another entity with the required skills, knowledge and equipment. A common example is a car manufacturing company performing B2B transactions with a wholesaler that provides the tires, rubber hoses and other parts needed to build cars.
Some of the main advantages of business services are cost savings, increased productivity and improved competitiveness. Outsourcing business-to-business services allows companies to focus on their core competencies and reach new markets while minimizing overhead costs. Another benefit is that companies can use different service providers based on their needs and the availability of specific expertise.
The professional and business services supersector includes all establishments primarily engaged in providing a variety of administrative, managerial, and support activities for other businesses or households. These activities may include office management, payroll and accounting, advertising, and other business-related consulting services. This sector also includes the rental of executive office space, meeting and conference facilities, and courier and messenger services. The specialized business services sector contains more industry specific activities such as the cleaning of buildings, janitorial services, and pest control.
While the specialized business services sector accounts for only a small fraction of total employment, it is growing rapidly. This is due to the increasing demand for outsourcing by large enterprises. The growth of the specialized business services sector is expected to continue in the coming years.
These Business Services Terms constitute a legally binding contract between Snap and you or the entity on whose behalf you are agreeing to these Business Services Terms (and all related documents). These Business Services Terms, together with the applicable Local Terms, govern your use of the Business Services. These Business Services Terms do not modify, supplement or amend the Snap Terms of Service or any other agreement between you and Snap, nor do they create any third party rights.
ARBITRATION NOTICE: By agreeing to these Business Services Terms, you and Snap are each waiving any right to a trial by jury or to participate in a class action lawsuit. This arbitration provision is governed by the Federal Arbitration Act.
PLEASE NOTE: If you are using these Business Services in connection with a promotion, then the terms of your promotions rules and any additional Terms for that promotion will apply in addition to these Business Services Terms. In the event of a conflict, the promotions rules will prevail.
It is the parties’ wish that these Business Services Terms, and all related documents, including all notices, be drawn up in the English language only.