Telephone Answering Services - Industry Research Report:

In addition to your own research to learn more about an industry, BizCompare.com is pleased to provide this industry research report for the Telephone Answering Services industry. This important "firmographic" information provides you with deeper understanding of the size and key facts about an industry, improving your decision making.

In the U.S. there are 8,209 companies who operate in the Telephone Answering Services area, a specific industry in the larger category of Admin and Support Services.

The NAICS code and description for the Telephone Answering Services industry is: 561421 - Telephone Answering Services

Companies in the Telephone Answering Services U.S. industry are comprised of companies primarily engaged in providing the answering of telephone calls and relaying messages to clients.

Annual Business Sales:

Yearly revenues, a helpful indicator to understand the size of a business.

• All of the U.S.

The average annual business sales for the 8,209 companies in the Telephone Answering Services category across the U.S is $100M - $500M.

Annual business sales for all Telephone Answering Services companies, nationally:

Up to $500,000	34.8%
$500K - $1M	18.1%
$1M - $2.5M	19%
$2.5M - $5M	5.9%
$5M - $10M	5.5%
$10M - $25M	4%
$25M - $50M	1.4%
$50M - $100M	1.8%
$100M - $500M	3.3%
$500M - $1B	1%
More than $1B	5.4%

Number of Employees:

Number of employees also a helpful indicator to understand the size of a business.

• All of the U.S.

The average number of employees for the 8,209 companies in the Telephone Answering Services category across the U.S is 500 to 999.

Number of employees for all Telephone Answering Services companies, nationally:

1 to 4	33.7%
5 to 9	16.1%
10 to 19	19%
20 to 49	11.9%
50 to 99	4.8%
100 to 249	3.4%
250 to 499	1%
500 to 999	1.5%
1,000 to 4,999	3.5%
5,000 to 9,999	1.6%
10,000 +	3.4%

Sales per Employee:

Revenue per employee may indicate the productivity and potentially the profitability of a company.

• All of the U.S.

The average annual business sales per employee for the 8,209 companies in the Telephone Answering Services category in the U.S is $100K - $150K.

Annual business sales per employee for all Telephone Answering Services companies, nationally:

Under $25K	5.2%
$25K - $50K	16.1%
$50K - $75K	5.2%
$75K - $100K	45.6%
$100K - $150K	12.7%
$150K - $250K	6.2%
$250K - $500K	6.5%
Over $500K	2.6%

Years in Business:

How long this business has been operating.

• All of the U.S.

The average years in business for the 8,209 companies in the Telephone Answering Services category across the U.S is Over 10 Years.

Years in business for all Telephone Answering Services companies, nationally:

1 Year	0.8%
2 Years	4.4%
3 to 5 Years	14.5%
6 to 10 Years	22.6%
Over 10 Years	57.6%