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Yes there is a service to provide smaller business phone systems. As for example look at the features that the phone gives. Whether they provide you with up to date technology or not.
The cost for a business to use an after hours answering service really depends on your size of business and what you're looking for. Prices range from $150 - $2000 per month.
You can find information on business phone service providers from major companies such as All Stream. Some other companies you may be interested in are Sprint and Rogers.
There are many companies that offer phone service for small business. Some companies one may wish to consider are Verizon, AT&T, Ring Central, Bell and Cogeco.
A good phone answering service will offer live operators 24 hours a day along with a full featured voicemail system. I hired an answering service for my pottery business and it has worked out great.