Professional and Management Development Training Revenue Benchmarks

How much does the average professional and management development training business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.2M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$155K

per year

👤

Total Businesses

7,106

in the US

🏢

Est. Owner Income

$116K

small business avg

💵

Labor Cost

55.0%

of revenue

👥

Avg Employee Wage

$97K

per year (BLS)

💼

Market Saturation

2.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$173K
5-9 employees
$814K
10-19 employees
$1.7M
20-99 employees
$4.7M
100-499 employees
$24.3M
500+ employees
$29.0M

🏆 Highest Revenue States

1.Utah$4.8M avg2.Alabama$3.9M avg3.Tennessee$2.4M avg4.New Hampshire$2.2M avg5.Connecticut$2.0M avg6.Virginia$2.0M avg7.Wisconsin$1.8M avg8.New York$1.7M avg9.California$1.5M avg10.Michigan$1.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

14.36%

openings/year

Closure Rate

11.91%

closings/year

Net Job Growth

+2.82%

annual

Businesses Closed

802

in 2023

Firm Count Trend

19
20
21
22
23
6,676 firms7,761 firms

💡 Should You Start a Professional and Management Development Training Business?

Startup Cost

$50K – $250K

Break-Even

15 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Elementary and Secondary Schools$4.5MSports and Recreation Instruction$316KFine Arts Schools$233KEducational Support Services$1.3MExam Preparation and Tutoring$620K

Compare Professional and Management Development Training revenue with other industries:

vs Elementaryvs Sportsvs Fine