Professional and Management Development Training in Minnesota
Revenue benchmarks for professional and management development training businesses operating in Minnesota.
#23 of 50 states-33.8% vs national avg
Average Revenue
$771K
per year
Businesses
139
in Minnesota
Revenue / Employee
$142K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
2.4
firms per 100K in MN
Total Revenue
$107.2M
all firms in MN
Total Employees
755
in MN
How Minnesota Compares
National Average$1.2M
Minnesota$771K
Difference$393K (-33.8%)