Services means?

25112
25112 used Ask the Experts™
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when a business has the tag 'Services' added (abc Services, xyz Services) what exactly does that term mean? is this old fashioned? we don't see many such names in the Fortune 1000 Companies, do we? is it only meant for 'services' offerered in small scale or by small businesses? any thought?
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Paul MacDonaldDirector, Information Systems
Commented:
Company names are arbitrary and are simply used to brand the business.  Names and suffixes (Ltd, Inc, Unltd, etc) mean little.  It's like calling a garbage man a sanitation engineer.
JohnBusiness Consultant (Owner)
Most Valuable Expert 2012
Expert of the Year 2018
Commented:
You would have to provide a context. There are as many meanings for "Services" as there are people.

Consulting Services means I provide business consulting to clients.
Cleaning Services may mean Molly Maid cleaning homes.
Church Services may mean worship services.
Financial Services may mean Banks or Brokerage services.

You might wish to supply some examples so we can help better.
Top Expert 2016
Commented:
if you create a tangible product then you are not a 'service' otherwise you are.. I tend to disagree with one expert as  the term "ltd" has a very specific legal meaning.. (a) the company is for legal matters considered a person and (b) the liability is limited to the assets of the company and not also its owners.

A single .company rarely makes it to the fortune 1000 but a service company may be owned by a fortune 1000 company as one of its many holdings. Fortune 1000 also usually refers to publicly traded companies. There are some  non-traded limited companies and privately owned companies that are larger than some Fortune 1000 companies.
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Commented:
good points.

John, you could have a company called 'John Services', and the person may not know if it is Consulting  or Cleaning or Church, Financial etc, right? There are business that have not description to their names other than 'Services' added to their names, right?

David,
>>A single .company rarely makes it to the fortune 1000 but a service company may be owned by a fortune 1000 company as one of its many holdings.
could you give a prominent example for this that will be easy to identify, please?
Business Consultant (Owner)
Most Valuable Expert 2012
Expert of the Year 2018
Commented:
I have a company of my own, but I do not have Services in the name. I could but I do not. My colleague uses Solutions instead of Services. But we both provide Services. You cannot tell from my company name precisely what I do and I keep the range of service provided on the back of my card.

There are no rules or standards about the word Services and no one can imply anything from the term. It is a generic word.

Author

Commented:
just needed that confirmation!thx
JohnBusiness Consultant (Owner)
Most Valuable Expert 2012
Expert of the Year 2018

Commented:
@25112  - Thanks and I was happy to help.

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