Professional and Management Development Training in Michigan
Revenue benchmarks for professional and management development training businesses operating in Michigan.
#10 of 50 states+22.1% vs national avg
Average Revenue
$1.4M
per year
Businesses
155
in Michigan
Revenue / Employee
$167K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.5
firms per 100K in MI
Total Revenue
$220.3M
all firms in MI
Total Employees
1,321
in MI
How Michigan Compares
National Average$1.2M
Michigan$1.4M
Difference+$257K (+22.1%)