Service Bureau (Noun)
Meaning
A business that makes its facilities available to others for a fee; achieves economy of scale.
Classification
Nouns denoting groupings of people or objects.
Examples
- The company noticed significant cost savings after outsourcing its payroll operations to a service bureau specializing in human resources management.
- Several small businesses in the area rely on the local service bureau for access to expensive but necessary equipment such as industrial 3D printers.
- By partnering with a service bureau, the startup was able to access high-tech facilities and expertise that would have been too costly to develop in-house.
- The city established a service bureau to provide affordable meeting and conference rooms to local businesses, non-profits, and community groups.
- The service bureau offered scalable data processing solutions to accommodate the fluctuating needs of its clients.