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Small Business Owner Salary

Small Business Owners in the United States with more than 10 years of experience in their profession represent three-fifths of Small Business Owners. Salaries average out to around $78K annually and spread from $31K to $225K per year. The range in cash compensation to Small Business Owners (largely between $31K and $225K) includes potential earnings of $51K from bonuses, $98K from profit sharing, and commissions of $149K in exceptional cases. Job satisfaction is high and work is enjoyable for most Small Business Owners. Over a third enjoy medical while just under one in five get dental coverage. Vision coverage is also available to nearly one in ten. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$30,395 - $196,611
(Median)
$30K
$78K
$200K
MEDIAN: $77,620
10%
50%
90%

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$13.57 - $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$80K$160K$240K
Salary
$30,395 - $196,611  
   
Bonus
$0.00 - $51,324  
Profit Sharing
$986 - $97,871  
Commission
$-0.50 - $148,994  
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).
)
$30,819 - $224,964  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 301
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 - $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 - $51,324  
   
Commission
$-0.50 - $148,994  
Profit Sharing
$986 - $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).
)
$30,819 - $224,964  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 45

Find Out Exactly What You Should Be Paid

United States (change)


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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. Many Small Business Owners choose to become Office Managers and Administrative Assistants as their careers advance. However, folks in those positions report median salaries of $41K less and $48K less, respectively.

Owner / Operator Job Listings

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Small Business Owners only report a few specific skills. Fortunate workers who know Sales can expect a significant pay bump, scoring salaries 53 percent above average. Accounting and Operations Management as skills, however, tend to be associated with significantly smaller paychecks.

Pay by Experience Level for Small Business Owner

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


For many Small Business Owners, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Individuals who have worked for fewer than five years bring in approximately $62K on average. Those in the five-to-10 year range can expect an average that is only a touch bigger at $67K. Small Business Owners claiming one to two decades of experience make an estimated median of $82K. Old hands who claim more than two decades on the job enjoy average earnings of $93K.

Related Job Salaries

United States (change)

Experience Affects Small Business Owner Salaries

Late-Career
up arrow 19%

Experienced
up arrow 4%

National Average
$79,000

Mid-Career
up arrow 15%

Entry-Level
up arrow 21%

Skills That Affect Small Business Owner Salaries

Sales
up arrow 53%

Project Management
up arrow 2%

National Average
$79,000

Operations Management
up arrow 20%

Accounting
up arrow 38%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
3%
1-4 years
17%
5-9 years
21%
10-19 years
28%
20 years or more
31%

Common Health Benefits

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