What is service business?

Answer 1

• Service business runs the same like other businesses but actually it can be an entity or person only providing services instead of physical commodities.
• Ex! Agents working for agencies such as job seekers. In collaboration they find out jobs and deliver it to one whose in need and then get paid a certain amount from both parties.
• Another example is Airbnb with almost covering 120 countries across the world providing vocational services. They simply deals with guest and host. Were host create an ad on their website and they attract guest for the specific ad.