Testing Laboratories vs Administrative Management and General Management Consulting Services

Side-by-side revenue comparison of these two business types.

MetricTesting LaboratoriesAdministrative Management
Average Revenue$4.0M$1.9M
Profit Margin22.0%22.0%
Est. Owner Income$883K$412K
Revenue / Employee$144K$239K
Labor Cost %50.0%50.0%
Total Businesses5,24090,035
Startup Cost (Low)$10K$5K
Startup Cost (High)$75K$30K
5-Year Survival Rate60.0%62.0%
YoY Growth6.0%7.0%
Avg Employee Wage$93K$132K