Analysis
NAICS 541611 is the 2022 national industry for administrative management and general management consulting services, part of 54161 (Management Consulting Services). Census lists 11 example activities under it in the official index.
Between 2018 and 2023 the number of establishments grew 30% and employment rose 38%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.
County Business Patterns counts 104,494 US establishments in this code in 2023, employing 869,457 people at an average annual payroll of $121,753 per employee (91st percentile of national industries). 84% of the establishments have fewer than five employees, which marks it as a small-business industry.
By establishments it ranks 1st of the 5 codes at this level within Management Consulting Services, with 55.5% of them.
Census lists 7 related activities that belong elsewhere, most often in 561110, 541614, 551114 and 92. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.
Its index entries, the activities Census uses to assign businesses to this code, include administrative management consulting services, business management consulting services, business start-up consulting services and financial management consulting (except investment advice)…, among 11 in all.
Official definition
This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on administrative management issues, such as financial planning and budgeting, equity and asset management, records management, office planning, strategic and organizational planning, site selection, new business start-up, and business process improvement. This industry also includes establishments of general management consultants that provide a full range of administrative, human resource, marketing, process, physical distribution, logistics, or other management consulting services to clients.
Illustrative Examples:
Administrative management consulting services Financial management (except investment advice) consulting services General management consulting services Site selection consulting services Strategic planning consulting services
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
| The business mainly does | Use instead |
|---|---|
| Providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics | 561110 Office Administrative Services |
| Establishments providing operations consulting services | 541614 Process, Physical Distribution, and Logistics Consulting Services |
| Administering, overseeing, and managing other establishments of the company or enterprise (except government establishments) | 551114 Corporate, Subsidiary, and Regional Managing Offices |
| Government establishments primarily engaged in administering, overseeing, and managing governmental programs | 92 Public Administration |
| Providing investment advice | 523940 Portfolio Management and Investment Advice |
| Providing professional and management development training | 611430 Professional and Management Development Training |
| Providing executive search, recruitment, and placement services | 561312 Executive Search Services |
Index entries (11)
- Administrative management consulting services
- Business management consulting services
- Business start-up consulting services
- Financial management consulting (except investment advice) services
- General management consulting services
- Medical office management consulting services or consultants
- Records management consulting services
- Reorganizational consulting services
- Site location consulting services
- Site selection consulting services
- Strategic planning consulting services