Just under two-thirds of Small Business Owners and Operators in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $25K to $153K per year, and the average comes out to $59K annually. The range in cash compensation to Small Business Owners and Operators (largely between $25K and $153K) includes potential earnings of $28K from bonuses, $71K from profit sharing, and commissions of $49K in exceptional cases. Residence is the biggest factor affecting pay for this group, followed by years of experience. More than half of Small Business Owners and Operators (67 percent) survey respondents are men. The majority of Small Business Owners and Operators claim high levels of job satisfaction. Roughly a third enjoy medical while close to one-sixth get dental coverage. Vision coverage is also available to nearly one-eighth. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$25,524 - $147,701
$26K
$59K
$150K
MEDIAN: $58,727
10%
50%
90%

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$10.37 - $74.21
$10
$25
$74
MEDIAN: $25.00
10%
50%
90%

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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
$25,524 - $147,701  
   
Bonus
$0.00 - $28,383  
Profit Sharing
$0.00 - $70,957  
Commission
$27.88 - $49,316  
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).
)
$25,280 - $153,431  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 818
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
$10.37 - $74.21  
   
Hourly Tips
$0.50 - $5.03  
Overtime
$2.50 - $87.50  
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 - $28,383  
   
Commission
$27.88 - $49,316  
Profit Sharing
$0.00 - $70,957  
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).
)
$25,280 - $153,431  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 293

Find Out Exactly What You Should Be Paid

United States (change)

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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.

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Common Career Paths for Small Business Owner / Operator


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It's not very common for Small Business Owners and Operators to move on to become Construction Managers. Average pay for a Construction Manager is $73K annually. Becoming a Construction Project Manager is, more often than not, the most common role that Small Business Owners and Operators move into when they're ready for the next step in their career. The average salary for the position is $70K. Another frequent advance is for Small Business Owners and Operators to assume an Office Manager role; in this role, workers often earn $39K.

Owner / Operator Job Listings

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Popular Skills for Small Business Owner / Operator


Small Business Owners and Operators seem to exploit a large range of skills on the job. Most notably, facility with Construction Estimating, Social Media Marketing, and Project Management are correlated to pay that is significantly above average, leading to increases of 21 percent, 7 percent, and 3 percent, respectively. Those listing Cleaning as a skill should be prepared for drastically lower pay. Bookkeeping and Customer Service also typically command lower compensation. Those familiar with Leadership also tend to 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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Relatively untried employees who have fewer than five years of experience earn around $44K on average. People who have worked for five to 10 years can expect a higher median salary of $51K. Small Business Owners and Operators see a median salary of $63K after reaching one to two decades on the job. 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 $70K.

Pay Difference by Location

National Average: $59,330

Larger city markers indicate a job is popular in that location.

For Small Business Owners and Operators, Dallas, Houston, and Austin, all cities in the state of Texas, are home to the highest salaries in the United States, offering rates above the national average. Small Business Owners and Operators in Charlotte take home the lowest salaries, earning a whopping 39 percent less than the national average. Workers in Tampa and Memphis earn salaries that trail the national average for those in this profession (28 percent less and 16 percent less, respectively).

Small Business Owner / Operator Reviews

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

Small Business Owner / Operator in Statesboro:
"Work Flexibility and conditions."
Pros: I like that owning my own business gives me that particular flexibility that I need or seek after. In my particular field the stress levels are extremely low but can be present from time to time. The work conditions are great and you can work, at times in your own pace; with little to no assistance.
Cons: There's really nothing bad about this job, other than when a customer cancel a order about 30 minutes prior to pick up time or is a no show.

Related Job Salaries

Key Stats for Small Business Owner / Operator

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 167 votes.
Less than 1 year
2%
1-4 years
20%
5-9 years
14%
10-19 years
29%
20 years or more
35%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Small Business Owner / Operator Salaries



National Average
$59,000



Skills That Affect Small Business Owner / Operator Salaries


Social Media Marketing
up arrow 7%


Leadership
0%

National Average
$59,000




Graphic Design
up arrow 11%

up arrow 12%



Bookkeeping
up arrow 29%

Cleaning
up arrow 30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 167 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
2%
1-4 years
20%
5-9 years
14%
10-19 years
29%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 33%
dental benefits
Dental: 16%
vision benefits
Vision: 13%
dental benefits
None: 66%
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