Business services support the operational needs of organizations across various industries, covering tasks like facility management, HR, IT support, and logistics. In contrast, professional services provide specialized expertise and advisory roles, such as legal, financial, consulting, and healthcare services. While they sometimes overlap, the key difference lies in the nature and specialization of the services offered.

You don’t need to form an LLC to write or publish a book. Many authors operate as sole proprietors, especially when starting out. However, forming an LLC can provide legal protection and organizational benefits if you plan to expand your writing into a broader business venture.

A business service owner is responsible for the end-to-end management, delivery, and performance of a specific business service within an organization. This role ensures the service aligns with business goals, meets user needs, and operates efficiently through oversight of design, delivery, budgeting, SLAs, and continuous improvement.

Granting your accountant access to QuickBooks Online is easy and secure. By inviting them as an accountant user, they gain the tools and permissions needed to manage your books, prepare taxes, and support your financial health—all within your QuickBooks environment.

Product and service management includes a wide range of activities such as development, positioning, lifecycle management, marketing, quality control, and innovation. These processes ensure that a company’s offerings align with customer needs and business goals throughout their entire lifecycle.

Wondering how much to charge small businesses for bookkeeping? This guide covers key pricing factors—like service scope, experience, and market rates—so you can set fair, competitive fees while ensuring your work is properly valued.

The four types of product services—core, actual, augmented, and potential—represent different layers of value that businesses offer to customers. This framework helps companies develop and market products that meet needs, create differentiation, and drive innovation.

Creating a record book for your small business is essential for tracking finances, staying compliant, and making smart decisions. This guide walks you through setting up a simple and effective record-keeping system—whether you prefer physical ledgers or accounting software.

Business products and services are the goods and intangible offerings that companies provide to meet customer or client needs. These include tangible items like equipment and raw materials, as well as services such as consulting, IT support, and financial planning. Understanding the distinction helps businesses develop better strategies and value for their target markets.

QuickBooks Online generates three essential financial statements: the Profit and Loss statement, Balance Sheet, and Cash Flow report. These tools help you monitor profitability, track assets and liabilities, and understand your business's cash movement for smarter financial decisions.