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2025 U.S. Industry Statistics & Market Forecast - Document Preparation Services
Market Size & Industry Statistics
The total U.S. industry market size for Document Preparation Services:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Document Preparation Services industry include:- Increased demand for digital document management solutions
- Integration of AI and automation technologies
- Growing emphasis on data security and compliance
- Rising popularity of cloud-based services
- Shift towards sustainable and eco-friendly practices
- Expansion of services to include editing and translation
- Enhanced focus on customer-centric solutions
- Diversification into end-to-end document management services
- Adoption of remote and hybrid work models
- Increased competition from DIY document preparation tools
Product & Services Breakdown
Research products and services in the Document Preparation Services industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Document Preparation Services (Include Editing, Proofreading, Layout, Desktop Publishing.) |
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Typing Services (Include Transcription Services.) |
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Printing Services |
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Other Printing Services |
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All Other Receipts |
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All Other Operating Receipts |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Document Preparation Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Document Preparation Services industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Document Preparation Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Business and Financial Operations Occupations | 7% | |||
| Business Operations Specialists | 6% | |||
| Sales and Related Occupations | 17% | |||
| Other Sales and Related Workers | 8% | |||
| Telemarketers | 8% | |||
| Telemarketers | 8% | |||
| Office and Administrative Support Occupations | 61% | |||
| Financial Clerks | 9% | |||
| Bill and Account Collectors | 7% | |||
| Bill and Account Collectors | 7% | |||
| Information and Record Clerks | 39% | |||
| Customer Service Representatives | 36% | |||
| Customer Service Representatives | 36% | |||
| Other Office and Administrative Support Workers | 5% | |||
Document Preparation Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Document Preparation Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Document Preparation Services industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Document Preparation Services industry. |
Source:
Latest Industry News
- Camp Mystic had a disaster plan before the flood — but questions linger - Texas records show Camp Mystic had an emergency plan before floods killed at least 27 campers and counselors, but details of its storm response are still unclear. (07/09/2025)
- Ladki Bahin Yojana: How to Apply, Documents Required and Eligibility Criteria - Discover the Mukhyamantri Majhi Ladki Bahin Yojana 2025 in Maharashtra. Learn how to apply online/offline, required documents like Aadhaar and income certificate, eligibility criteria (21-65 years, ?2. (07/08/2025)
- Georgia lawyers consider limited role for non-attorneys to provide legal assistance - Georgia Supreme Court creates committee to conduct study allowing people with specialized legal training to do limited kinds of attorney work. (07/08/2025)
- Outsource Tax Preparation Services Support Quarterly Filing Needs for USA Operations - Filing becomes more efficient when companies outsource tax preparation services with well-reviewed and scheduled workflows. MIAMI, FL, UNITED STATES, July 7, 2025 /EINPresswire.com/ -- Annual reporting efforts continue to expand for companies handling business taxes. (07/07/2025)
- Outsource Tax Preparation Services Structure Filing Calendars for USA Tax Cycles - Businesses improve operational clarity and tax outcomes when they outsource tax preparation services to expert teams. MIAMI, FL, UNITED STATES, July 7, 2025 /EINPresswire.com/ -- New methods are gaining traction among organizations seeking reliable tax handling options. (07/07/2025)
- Responding To Increased Threats, High Security Travel Embraces Hi-Tech - As instability proliferates worldwide, diplomats and other top security travelers embrace hi-tech travel agencies using AI. (07/06/2025)
- Open for Business: NBN Signings and Notary - RENO, Nev. (KOLO) - NBN Signings and Notary offers online notary services, allowing for anyone in remote or rural areas of Nevada to get convenient and secure notary solutions. CEO Nika Hsiao stopped by Morning Break to talk about the importance of her job specializing in online notary services, including remote online notarization. (07/03/2025)
- Liberian Peace Scholar and Advocate Launches Document Preparation Company to Support Immigrants in the U.S. - Dr. Mainlehwon Ebenezer Vonhm, has launched All Docs LIB, a document preparation and immigration assistance company aimed at helping Liberians living in the United States navigate complex legal and governmental processes with greater ease and confidence. (06/24/2025)
- What Is a Mortgage Origination Fee? | Mortgages | U.S. News - Originating a mortgage includes services like underwriting, document preparation, loan processing and funding. Lenders usually charge a single origination fee to cover most or all of these items. (06/11/2025)
- Argyle Announces Filing of Amended Offering Document - May 27, 2025) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") announces that it has filed, via its SEDAR+ profile, which may be accessed at and made available on its corporate website, (05/27/2025)
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