Services vs Products: Choosing the Right Business Model
When it comes to running a business, there are typically two main options: service-based companies and product-based companies. Understanding the differences between these two models is crucial for entrepreneurs, especially for those interested in solopreneurship. In this article, we will explore the distinctions between service and product companies and the benefits each one offers. Service Companies: Freelancers at Work Service companies, also known as freelancers, are individuals or businesses that offer their expertise in a specific field....