Services is a type of business where we see great changes and innovation happening to fill new market needs. Services is taking a larger market position compared to other sectors.
According to the OECD the services sector now accounts for over 70% of total employment and value added in OECD economies. It also accounts for almost all employment growth in the OECD area.
Bloomberg states that Services continue to be the most sought-after private-sector commodities that the government purchases.
We have advised several financial advisory and wealth management businesses, financial services software businesses, as well as range of professional services and management consultancy businesses.
financial services defined:
Financial services are the economic services provided by the financial industry, which encompasses a broad range of organisations that manage money, including credit unions, banks, credit card companies, insurance companies, accountancy companies, consumer finance companies, stock brokerages, investment funds, real estate funds and some government sponsored enterprises. Whilst there are many professional groups who service the financial sector, there are many more who provide consultancy advice in all industry sectors. Professional services also include care, catering, and cleaning services as well as other facilities management services.