Small Business Owner Salary

Small Business Owners in the United States tend to have a good amount of experience under their belt — close to three-fifths have more than 10 years in the field. While pay runs from $31K to $208K per year, median earnings come to $72K annually. With some bonuses and profit sharing proceeds approaching $97K each, total incomes of Small Business Owners generally range from $31K to $208K depending on individual performance. Career duration is the biggest factor affecting pay for this group, followed by geography. Men account for the majority of Small Business Owners who responded to the questionnaire — 69 percent to be exact. Most workers in this position report high levels of job satisfaction. About two in five enjoy medical while a little less than one-fifth get dental coverage. Vision coverage is also available to about an eighth. The information for this snapshot was generated by responses to the PayScale salary survey.
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$30,151 - $179,405
(Median)
$30K
$72K
$180K
MEDIAN: $72,349
10%
50%
90%

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

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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
$30,151 - $179,405  
   
Bonus
$0.00 - $97,444  
Profit Sharing
$511 - $96,958  
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).
)
$30,647 - $208,117  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 286
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 - $97,444  
   
Commission
$1,400 - $43,000  
Profit Sharing
$511 - $96,958  
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).
)
$30,647 - $208,117  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 45
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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.

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Common Career Paths for Small Business Owner


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Small Business Owners tend not to experience significant pay changes as they move up the career ladder to roles like Marketing Director. The two jobs pay about the same on average. Small Business Owners most often move into Office Manager or Administrative Assistant roles. However, the former pays $35K less on average, and the latter pays $42K less.

Owner / Operator Job Listings

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Small Business Owners only report a few specific skills. Most notably, facility with Sales and Project Management are correlated to pay that is significantly above average, leading to increases of 65 percent and 17 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 who reported more years of relevant experience also reported higher earnings. During the first five years of their careers, Small Business Owners see a median income of $60K. Survey respondents with five to 10 years of experience report an only modestly higher median of $62K. For Small Business Owners, 10 to 20 years of experience on the job amounts to an average salary of $75K. Small Business Owners who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $97K.

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Experience Affects Small Business Owner Salaries

Late-Career
up arrow 34%

Experienced
up arrow 4%

National Average
$73,000

Mid-Career
up arrow 15%

Entry-Level
up arrow 17%

Skills That Affect Small Business Owner Salaries

Sales
up arrow 65%

Project Management
up arrow 17%

National Average
$73,000

Operations Management
up arrow 13%

Accounting
up arrow 33%

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
17%
5-9 years
22%
10-19 years
26%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 39% dental benefits Dental: 19%
vision benefits Vision: 12% employee benefits None: 60%
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