Other Management Consulting Services Revenue Benchmarks

How much does the average other management consulting business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$863K

per year

💰

Profit Margin

22.0%

industry average

📈

Revenue / Employee

$247K

per year

👤

Total Businesses

11,051

in the US

🏢

Est. Owner Income

$190K

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$113K

per year (BLS)

💼

Market Saturation

3.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$173K
5-9 employees
$930K
10-19 employees
$2.1M
20-99 employees
$6.7M
100-499 employees
$25.2M
500+ employees
$246.7M

🏆 Highest Revenue States

1.California$3.3M avg2.Virginia$3.0M avg3.Delaware$1.6M avg4.Alaska$1.4M avg5.Nebraska$1.1M avg6.Ohio$1.1M avg7.Georgia$1.1M avg8.Iowa$1.0M avg9.Maryland$986K avg10.Hawaii$955K avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

19.09%

openings/year

Closure Rate

14.74%

closings/year

Net Job Growth

+4.04%

annual

Businesses Closed

21,311

in 2023

Firm Count Trend

19
20
21
22
23
134,017 firms162,559 firms

💡 Should You Start a Other Management Consulting Business?

Startup Cost

$10K – $75K

Break-Even

3 months

5-Year Survival Rate

60.0%

🆚 Related Industries

Offices of Lawyers$1.5MAdministrative Management and General Management Consulting Services$1.9MCustom Computer Programming Services$3.9MOffices of Certified Public Accountants$1.9MComputer Systems Design Services$4.2M

Compare Other Management Consulting Services revenue with other industries:

vs Officesvs Administrativevs Custom