What is a Complete Service Company and its Types

Lutfi

Definition of service companies and their types
Definition of service companies and their types

Rancakmedia.com – Do you know what a service company is? In this article we will provide complete information, so please read the details below, happy reading! As the years go by, service companies are increasingly developing in accordance with the conditions of the times. The mutually influencing relationship between companies and society is on the side of mutual need.

Generally, companies carry out production activities of both goods and services to provide the needs of clients. So what are the types of companies operating in the service sector in this country, and what are some examples? Find the answer in the article below.

What is a service company, its forms and types

According to the Big English Dictionary, a service company is a company whose business products are services rather than goods, for example tourism, services, etc. According to Phillip Kotler, service companies are companies that offer products that are intangible but whose benefits can be felt.

Is a model business unit bisnis intangible production goods with the aim of obtaining a profit.

We can conclude that it is a company that sells the services it produces in order to meet consumer needs and generate more profits.

This company can be physical or tangible, such as public transportation, which offers a service in the form of transportation to consumers to take them to a certain point.

Transportation can be in the form of ships, planes, buses and other means of transportation. A company must have means of transportation to carry out these activities.

What is a Service Company

Service Companies and Their Types

It has two word elements that have different meanings, namely company and service. A company means a structured organization organized to achieve certain goals. while services are abstract products produced in order to meet market demand.

It can be interpreted as a type of company that operates to produce services in the form of services according to their respective types. Therefore, you must know the various types of companies in the following service sectors

Financial Services

Finance is one of the important aspects of our country's economy. Finance is directly related to money which is the main medium of exchange in Indonesia and throughout the world.

People's behavior that is directly related to the circulation of money often causes them to experience surpluses or shortages of money.

In another sense, there are times when a small group of people admit that they lack money. And there are also those who are confused about where to invest their money because they have excess money.

So, companies operating in the financial services sector are tasked with helping the public in terms of financial management.

Telecommunication

Companies operating in the telecommunications services sector usually handle communication problems in broad outline.

The scope of companies operating in this service sector is quite broad, including goods delivery services, translation services, writing services, and others.

Education

The educational services sector has not escaped the attention of entrepreneurs, and has become a strategic source of money. An example of a company operating in the educational services sector is a tutoring institution or Bimbel.

Conventional or Sharia Banks

Talking about problems with financial services companies, banks should not escape attention. Banks that adhere to conventional and sharia systems help people save and invest their funds.

Conventional or Sharia Pawnshops

Pegadaian institutions are also financial services companies, which function to provide financing and provide various other types of services. Such as ticket payments, gold savings, electricity and internet payments, and many others.

Conventional or Sharia Insurance

An insurance company can be said to be an institution tasked with managing investment funds and allocating them according to agreements with customers

  1. Indonesian Savings Bank (Persero) Tbk (BBTN)
  2. Bank Negara Indonesia (Persero) Tbk (BBNI)
  3. Bank Rakyat Indonesia (Persero) Tbk (BBRI)
  4. Bank Mandiri (Persero) Tbk (BMRI)
  5. Bank Central Asia Tbk (BBCA)
  6. And others

Sea Route Transportation

Oriented towards crossing between islands and countries using the sea, there are quite a lot of examples of sea transportation companies.

Among them are PELNI which sells ship tickets, PT ASDP Indonesia Ferry, and many others.

  1. PT. Garuda Indonesia (aircraft)
  2. PT. Indonesian Railways (trains)
  3. PT. Trans Jakarta (Trans Bus)
  4. PT. Kalla Cooperation (Taxi, automotive buying and selling)
  5. PT. Toyota (car)
  6. PT. Yamaha (motorcycle)

FAQ

The following is a question and answer session regarding the article above.

What is the Goal of a Service Company?

A service company is a company that has activities to produce intangible products (services) with the aim of gaining profit. The goal of service companies, apart from making a profit, is to realize consumer desires and fulfill consumer needs.

Explain what is meant by services?

Services are any action or activity that one party can provide to another party that is essentially intangible and does not result in any ownership. The production of services can be linked to physical products or vice versa.

What are the advantages of service companies?

  1. Can save capital
  2. No stock required
  3. No capital contribution
  4. No warehouse and distribution required
  5. Challenges in advertising strategy
  6. There are no returns or refunds of products
  7. Determine the business you want to run
  8. Price for your services

Conclusion:

Service Company is a business unit whose business model is in the form of intangible goods with the aim of making a profit. A company can be physical or tangible, such as public transportation, which offers services in the form of transportation to consumers.

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Lutfi

Hi, let me introduce myself, Lutfi Hulasoh, I am a writer and techno blogger. I started creating a personal blog writing informative articles about the latest trends and developments in technology. My writing covers a wide range of topics, from mobile applications to artificial intelligence, and I can also provide easy-to-understand explanations to help readers understand complex concepts.