Small Business Owner Salary

Total annual pay for Small Business Owners is approximately $80K, and commissions account for a significant portion of this final number — over a third on average. In the world of Small Business Owners, overall cash allowance can occasionally include more than $51K from bonuses and, in some exceptional cases, $99K from profit sharing, causing incomes to vary widely between $31K and $228K. Job satisfaction is high and work is enjoyable for most Small Business Owners. Over a third enjoy medical while a little less than one-fifth get dental coverage. Vision coverage is also available to around a tenth. This overview is based on answers to PayScale's salary questionnaire.
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$30,178 - $197,104
(Median)
$30K
$79K
$200K
MEDIAN: $78,631
10%
50%
90%

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$12.26 - $68.51
(Median)
$12
$26
$69
MEDIAN: $26.00
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
$30,178 - $197,104  
   
Bonus
$0.00 - $50,906  
Profit Sharing
$993 - $98,633  
Commission
$1,017 - $63,871  
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).
)
$30,502 - $228,379  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 298
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
$12.26 - $68.51  
   
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 - $50,906  
   
Commission
$1,017 - $63,871  
Profit Sharing
$993 - $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).
)
$30,502 - $228,379  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 42

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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' salaries tend to stay somewhat constant even when they advance into higher-level positions like Marketing Director. On average, Marketing Directors get paid about the same as Small Business Owners do. A lot of Small Business Owners advance their careers by becoming Office Managers and Administrative Assistants. However, those positions offer $42K less and $49K less per year on average.

Owner / Operator Job Listings

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Small Business Owners usually report a few specific skills. Fortunate workers who know Sales can expect a significant pay bump, scoring salaries 58 percent above average. Those listing Accounting as a skill should be prepared for drastically lower pay. Operations Management and Project Management also typically command lower compensation.

Pay by Experience Level for Small Business Owner

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


Those who have worked for fewer than five years take home a median salary of $68K, and workers with five to 10 years of experience report earning less ($66K) on average. People with 10 to 20 years of experience make an average of about $84K in this role. Survey participants who have worked for more than two decades report bringing in $97K on average.

Related Job Salaries

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Experience Affects Small Business Owner Salaries

Late-Career
up arrow 21%

Experienced
up arrow 5%

National Average
$80,000

Entry-Level
up arrow 14%

Mid-Career
up arrow 17%

Skills That Affect Small Business Owner Salaries

Sales
up arrow 58%

National Average
$80,000

Project Management
up arrow 9%

Operations Management
up arrow 20%

Accounting
up arrow 39%

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
16%
5-9 years
23%
10-19 years
28%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 35% dental benefits Dental: 18%
vision benefits Vision: 11% employee benefits None: 64%