Telephone Answering Services in Michigan
Revenue benchmarks for telephone answering services businesses operating in Michigan.
#36 of 50 states-70.5% vs national avg
Average Revenue
$804K
per year
Businesses
26
in Michigan
Revenue / Employee
$58K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$20.9M
all firms in MI
Total Employees
358
in MI
How Michigan Compares
National Average$2.7M
Michigan$804K
Difference$1.9M (-70.5%)