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Salt Lake City Bookkeeping Blog

Differences Between Service and Product-Based Businesses

Posted by Alex Viau on Oct 5, 2016 9:00:00 AM

Sure, a product business sells stuff and a service business sells useful labor. But beyond this basic definition, product and service business owners differ widely in how they sell and how they manage their enterprises. Learn more about the key differences between product and service businesses, and examine your own practice to identify areas where improvements are necessary.

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Topics: Service Based Business, Service Business, Product Based Business