Small Business Owner / Operator Salary

Small Business Owners and Operators who are practiced in their profession and carry more than 10 years of experience make up slightly less than two-thirds of Small Business Owners and Operators. Pay fluctuates from $26K to $159K per year, but expected earnings average $59K annually. Overall incomes of Small Business Owners and Operators — including $27K bonuses, $96K profit sharing proceeds, and $119K commissions on the more lucrative end — generally ranges between $26K and $159K. Geography is the biggest factor affecting pay for this group, followed by years of experience. Male Small Business Owners and Operators are more prevalent than women among those who took the survey — 68 percent of professionals. Small Business Owners and Operators largely appreciate their work and find this position highly satisfactory. Medical benefits are awarded to over a third, and slightly less than a fifth earn dental coverage. Respondents to the PayScale salary survey provided the data for this report.
Read More
$25,302 - $147,577
(Median)
$25K
$59K
$150K
MEDIAN: $59,243
10%
50%
90%

Add this chart to your site: 640px    300px

$10.62 - $72.21
(Median)
$11
$25
$72
MEDIAN: $25.00
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
$25,302 - $147,577  
   
Bonus
$0.00 - $27,148  
Profit Sharing
$1,443 - $96,095  
Commission
$0.00 - $119,195  
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).
)
$26,101 - $158,886  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,052
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
$10.62 - $72.21  
   
Hourly Tips
$0.31 - $6.50  
Overtime
$6.83 - $76.30  
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
$0.00 - $27,148  
   
Commission
$0.00 - $119,195  
Profit Sharing
$1,443 - $96,095  
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).
)
$26,101 - $158,886  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 339
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Small Business Owner / Operator

Small business owners and operators work in a variety of industries such as retail goods, auto repair, home inspection, and many others. Their primary duties (outside of their respective skill or trade) include managing employees, providing customer service, promoting their business, filing and documenting appropriate business accounts, and ensuring their business meets any local, state, and federal requirements. Small business owners may work from a storefront, office space, or even from their home. Depending on the type of business, trade, or service they practice, their hours can vary; however, many organizations operate during daytime hours.

Read More...

Common Career Paths for Small Business Owner / Operator


Add this chart to your site:   640px 640px    300px 300px


Though not the most common occurrence, Small Business Owners and Operators sometimes become Construction Managers, where the average income is $73K per year. More often than not, a Construction Project Manager role is the next step for Small Business Owners and Operators moving up in the field. Construction Project Managers usually make $70K per year. Many other Small Business Owners and Operators choose to take on an Office Manager role, where salaries are typically $38K.

Owner / Operator Job Listings

Search for more jobs:

Popular Skills for Small Business Owner / Operator


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Construction Estimating, Project Management, Sales Management, and Social Media Marketing are correlated to pay that is above average, with boosts between 8 percent and 20 percent. Those listing Cleaning as a skill should be prepared for drastically lower pay. Bookkeeping and Customer Service also typically command lower compensation. Most people experienced in Leadership also know Customer Relationship Management (CRM) and Strategic Planning.

Pay by Experience Level for Small Business Owner / Operator

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


Small Business Owners and Operators with a rich background of experience are typically rewarded with larger paychecks. Folks with fewer than five years of experience take home $45K on average, and those who have worked for five to 10 years see a bigger median salary of $53K. People with 10 to 20 years of experience make an average of about $64K in this role. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $74K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Small Business Owner / Operator Salaries



National Average
$60,000



Skills That Affect Small Business Owner / Operator Salaries




Social Media Marketing
up arrow 6%

Strategic Planning
up arrow 2%

National Average
$60,000

Operations Management
up arrow 2%

Leadership
up arrow 2%


up arrow 11%


Bookkeeping
up arrow 25%

Cleaning
up arrow 25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 223 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
16%
10-19 years
29%
20 years or more
34%

Common Health Benefits

medical benefits
Medical: 38%
dental benefits
Dental: 19%
medical benefits
Vision: 15%
dental benefits
None: 61%
ADVERTISEMENT