Document Preparation Services in Michigan
Revenue benchmarks for document preparation services businesses operating in Michigan.
#25 of 50 states-40.2% vs national avg
Average Revenue
$498K
per year
Businesses
73
in Michigan
Revenue / Employee
$46K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.7
firms per 100K in MI
Total Revenue
$36.3M
all firms in MI
Total Employees
797
in MI
How Michigan Compares
National Average$833K
Michigan$498K
Difference$335K (-40.2%)