Small Business Owner Salary

Small Business Owners in the United States with more than 10 years of experience in their profession represent three in five of Small Business Owners. Salaries average out to around $69K annually and spread from $30K to $173K per year. Cash earnings for Small Business Owners — including $49K in bonuses and $99K in profit sharing proceeds near the top of the pay scale — generally stretch from $30K to $173K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by career duration. It's worth noting that most people in this role find their work both fulfilling and enjoyable. Medical benefits are awarded to roughly two in five, and between a fifth and a fourth earn dental coverage. Respondents to the PayScale salary survey provided the data for this report.
Read More
$29,542 - $145,207
$30K
$69K
$150K
MEDIAN: $68,897
10%
50%
90%

Add this chart to your site: 640px    300px

$14.90 - $85.57
$15
$30
$86
MEDIAN: $30.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$29,542 - $145,207  
   
Bonus
$2.21 - $48,936  
Profit Sharing
$507 - $98,633  
Commission
$10,900  
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).
)
$30,455 - $173,004  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 182
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30$60$90
Hourly Rate
$14.90 - $85.57  
   
Hourly Tips
$2.18  
Overtime
$27.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$2.21 - $48,936  
   
Commission
$10,900  
Profit Sharing
$507 - $98,633  
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).
)
$30,455 - $173,004  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 28

Find Out Exactly What You Should Be Paid

United States (change)

Employers: 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


For Small Business Owners, advancing into a Marketing Director role, for which the median salary is $80K, is not common but it does happen. Many Small Business Owners advance into roles as Office Managers or Administrative Assistants, but the median salaries are $34K lower and $41K lower, respectively.

Owner / Operator Job Listings

Search for more jobs:

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. Relatively untried employees who have less than five years' experience make $49K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $70K. Small Business Owners with one to two decades of relevant experience report an average salary of approximately $72K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $99K.

Small Business Owner Advice

Q: What is it like working as a Small Business Owner?

Small Business Owner in Burnsville:
"Engineers need more business education, more legal education."
Have separate attorneys for all legal proceedings.

Related Job Salaries

Key Stats for Small Business Owner

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.
Less than 1 year
2%
1-4 years
18%
5-9 years
22%
10-19 years
28%
20 years or more
31%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Small Business Owner Salaries

▲37%

▼0%

National Average
$72,000

▼4%

Entry-Level
▼32%

Skills That Affect Small Business Owner Salaries

Sales Management
▲67%


Accounting
▲30%

▲6%

Operations Management
▲6%

National Average
$72,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
2%
1-4 years
18%
5-9 years
22%
10-19 years
28%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 40%
dental benefits
Dental: 22%
vision benefits
Vision: 19%
dental benefits
None: 58%
ADVERTISEMENT