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Small Business Owner Salary (United States)

Commissions constitute a big slice (two in five on average) of overall compensation for Small Business Owners, and the median take-home for this group lies near $78K. Total cash compensation to Small Business Owners bottoms out near $31K and approaches $232K on the high end; the biggest paychecks include approximately $50K from bonuses and almost $98K from profit sharing. Nearly one in three enjoy medical while just under one-fifth get dental coverage. Vision coverage is also available to approximately one in ten. Making up 71 percent of the field, male Small Business Owners greatly outnumber their female counterparts. Most workers in this position report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Small Business Owner Salary (?
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.
)
$30,313 - $199,165
(Median)
30K
50K
78K
120K
200K
MEDIAN: $78,241
10%
25%
50%
75%
90%
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Small Business Owner Salary (?
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.
)
$13.57 - $71.95
(Median)
14
25
45
72
MEDIAN: $25.00
10%
50%
75%
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$80K$160K$240K
Salary
$30,313 - $199,165  
   
Bonus
$0.00 - $49,867  
Profit Sharing
$1,030 - $97,871  
Commission
$9,826 - $44,199  
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).
)
$30,633 - $231,811  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 249
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
$13.57 - $71.95  
   
Overtime
$14.75 - $30.52  
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 - $49,867  
   
Commission
$9,826 - $44,199  
Profit Sharing
$1,030 - $97,871  
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).
)
$30,633 - $231,811  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 35
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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 may not see a large difference in pay if they transition into an upper level Business Development Manager position. Business Development Managers typically do not make much more than Small Business Owners. Small Business Owners most often move into Office Manager or Administrative Assistant roles. However, the former pays $40K less on average, and the latter pays $47K less.

Owner / Operator Job Listings

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Small Business Owners usually report a few specific skills. Those who have experience with Sales, Project Management, and Operations Management can expect to be compensated well for these skills. Operations Management and Project Management, on the other hand, are typically associated with much 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 with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. People who have worked for fewer than five years bring home $61K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $70K. After working for 10 to 20 years, Small Business Owners make a median salary of $82K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $90K. Small Business Owners with one to 10 years in the field are most commonly found while those with more than 20 years of experience are harder to spot. The rarest group is those with 10 to 20 years of experience.

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Experience Affects Small Business Owner Salaries

Late-Career
up arrow 15%
Experienced
up arrow 5%
National Average
$78,000
Mid-Career
up arrow 11%
Entry-Level
up arrow 21%

Skills That Affect Small Business Owner Salaries

Sales
up arrow 14%
National Average
$78,000
Project Management
up arrow 7%
Operations Management
up arrow 28%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 48 votes.

Gender

Female
29%
female alumni
 
Male
71%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
17%
5-9 years
24%
10-19 years
28%
20 years or more
29%

Common Health Benefits

medical benefits Medical: 33% dental benefits Dental: 18%
vision benefits Vision: 10% employee benefits None: 66%