Small Business Owner Salary

With slightly less than three-fifths of Small Business Owners in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Small Business Owners is $75K annually and can range from $31K on the lower end to $208K per year near the higher end. Total cash earnings of Small Business Owners range from $31K on the low end to $208K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $51K and $97K, respectively. Experience level is the biggest factor affecting pay for this group, followed by geography. The majority of Small Business Owners (69 percent) who took the survey are men. Over a third enjoy medical while just under one in five get dental coverage. Vision coverage is also available to approximately one-tenth. Most Small Business Owners report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
Read More
$30,278 - $181,536
(Median)
$30K
$75K
$180K
MEDIAN: $75,209
10%
50%
90%

Add this chart to your site: 640px    300px

$14.45 - $61.83
(Median)
$14
$25
$62
MEDIAN: $24.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$30,278 - $181,536  
   
Bonus
$0.00 - $51,419  
Profit Sharing
$507 - $97,444  
Commission
$1,400 - $43,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,785 - $208,117  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 296
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$14.45 - $61.83  
   
Overtime
$17.38 - $35.00  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$0.00 - $51,419  
   
Commission
$1,400 - $43,000  
Profit Sharing
$507 - $97,444  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,785 - $208,117  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 45
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Small Business Owner

Small business owners are the financial and/or executive heads of small business. Their duties can be as simple as serving as the profit-maker of the business and delegating authority to a management team; however, many small business owners are constantly engaged in growing and operating their business.

Read More...

Common Career Paths for Small Business Owner


Add this chart to your site:   640px 640px    300px 300px


Small Business Owners sometimes move into a Marketing Director role, where the salary is similar. Many Small Business Owners go on to become Office Managers or Administrative Assistants despite the fact that median compensation in those roles is reportedly $38K lower and $45K lower, respectively.

Owner / Operator Job Listings

Search for more jobs:


Survey takers who work as Small Business Owners report a focused set of job skills. Most notably, facility with Sales and Project Management are correlated to pay that is significantly above average, leading to increases of 59 percent and 12 percent, respectively. Those listing Accounting and Operations Management as skills, on the other hand, should be prepared for drastically lower pay.

Pay by Experience Level for Small Business Owner

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Small Business Owners generally obtain higher compensation for more plentiful past experience. During their first five years in the workforce, individuals in this position earn $61K on average. Survey participants with five to 10 years under their belts see an only a slightly bigger average of $66K. The average pay reported by folks with 10 to 20 years of experience is around $78K. Survey participants who have worked for more than two decades report bringing in $96K on average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Small Business Owner Salaries

Late-Career
up arrow 27%

Experienced
up arrow 3%

National Average
$76,000

Mid-Career
up arrow 13%

Entry-Level
up arrow 19%

Skills That Affect Small Business Owner Salaries

Sales
up arrow 59%

Project Management
up arrow 12%

National Average
$76,000

Operations Management
up arrow 16%

Accounting
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 65 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
3%
1-4 years
18%
5-9 years
22%
10-19 years
27%
20 years or more
31%

Common Health Benefits

medical benefits Medical: 37% dental benefits Dental: 18%
vision benefits Vision: 11% employee benefits None: 62%
ADVERTISEMENT