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Resume Writing

By: Startup 101
Last Updated: December 20, 2024

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$304.6 Million

Annual Revenue

4,103

Number of Businesses (in US)

$74,238

Average Annual Revenue

$500 - $5,000

Startup Costs

20% - 30%

Average Profit Margin

Declining

Projected Annual Growth

Table of Contents

Table of Contents

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Less than a minute – that’s how long recruiters typically spend reviewing each resume. According to Zippia, on average, 250 applicants compete for each corporate position, and only 4-6 candidates advance to interviews.

That’s why job seekers often turn to resume writing professionals to help them stand out. These businesses transform clients’ work histories, skills, and accomplishments into polished documents that appeal to employers and pass through automated screening systems. A resume writing service can operate from home or a small office, with minimal equipment requirements beyond a computer and basic software.

The most common business models in this industry include:

  • Professional Service Provider: A single writer who works directly with clients to create resumes and related materials
  • Resume Writing Agency: Companies employing multiple writers to handle higher client volumes
  • Online Resume Platform: Web-based businesses combining professional writing services with digital tools and templates

Related: Checklist To Start A Business

How Do Resume Writing Services Make Money?

Resume writing businesses generate income by creating and enhancing job application materials for clients at various career stages. Most operate on a per-project basis, with clients paying upfront for their requested materials.

These businesses offer several services to help job seekers present their qualifications effectively.

  • Resume Writing Services: The largest service is creating or updating new resumes, generating about 40% of industry revenue. This represents the largest income source because most clients need a strong resume before requesting additional services.
  • Cover Letter Creation: Writing personalized cover letters for clients to complement their resumes.
  • LinkedIn Profile Writing: Developing professional social media profiles that align with clients’ resumes and career goals. This service helps clients maintain a cohesive personal brand across platforms.

Industry Statistics

The resume writing and editing services industry helps professionals advance their careers through expertly crafted application materials. This industry operates under NAICS code 561410 – Document Preparation Services.

Here are some highlights about the industry’s performance and structure.

Resume Writing Industry Size & Growth: The resume writing and editing services industry generated $304.6 million in revenue last year. The industry has grown steadily, with an average annual growth rate of 5.6% over the past five years. Over the next five years, revenue is expected to decline due to the rising influence of artificial intelligence and automated writing tools changing how job seekers create application materials (IBISWorld).

Number of Resume Writing Businesses: Currently, 4,103 resume writing businesses operate across the country. The industry remains highly fragmented, with no single company holding a dominant market share. Most businesses are small operations run by independent writers or small agencies (IBISWorld).

Resume Writing Business Profit Margin: Resume writing businesses maintain healthy profit margins due to low overhead costs. The average profit margin ranges from 20% to 30%.

Costs To Start a Resume Writing Business

Starting a resume writing business typically costs between $500 and $5,000, though costs can be higher if you need to purchase a computer and software.

Here are some of the common items to plan for:

Office Equipment: While many people already own a computer, some may need to upgrade their system. Budget $200-$1,500 for any needed equipment upgrades.

Software and Tools: In addition to basic software like Microsoft Office or Google Workspace, professional resume writers may purchase specialized tools like grammar checkers, template libraries, and automated tracking system (ATS) compatibility checkers. These specialized tools cost between $200-$500 annually.

Website Development: A professional website to showcase services and examples costs between $500 and $2,000, depending on design complexity and functionality needs.

Professional Certifications: Industry certifications from organizations like the Professional Association of Resume Writers and Career Coaches can cost $200 to $800. These credentials help establish credibility with potential clients.

These numbers represent rough estimates, and actual costs will vary based on location and individual business needs.

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