Small Business Owner / Operator Salary (United States)

Small Business Owners in the United States are often veterans in their line of work, with 55 percent bringing more than 10 years of experience to the table. Salaries slide in at $73,225 per year on average but can range from $29,315 to $182,372 per year. The final incomes of Small Business Owners vary between $29,315 and $182,372; higher pay grades include potential for bonuses, profit sharing, and commissions as high as $21K, $69K, and $120K, respectively. Residency is the biggest factor affecting pay for this group, followed by experience level. Around one third enjoy medical while 17 percent get dental coverage in this occupation. Vision coverage is also available to 12 percent. The majority of workers are highly satisfied with their job. The data for this snapshot was collected from individuals who took PayScale's salary survey.
Small Business Owner / Operator Salary (?
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.
)
$29,642 - $183,701
(Median)
30K
47K
74K
120K
180K
MEDIAN: $74,138
10%
25%
50%
75%
90%
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Small Business Owner / Operator Salary (?
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.
)
$10.03 - $56.14
(Median)
10
15
24
35
56
MEDIAN: $24.00
10%
25%
50%
75%
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$70K$140K$210K
Salary
$29,642 - $183,701  
   
Bonus
$0.00 - $20,749  
Profit Sharing
$1,521 - $69,043  
Commission
$0.00 - $120,000  
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).
)
$29,315 - $182,372  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,260
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
$10.03 - $56.14  
   
Hourly Tips
$0.15 - $7.89  
Overtime
$14.79 - $89.40  
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 - $20,749  
   
Commission
$0.00 - $120,000  
Profit Sharing
$1,521 - $69,043  
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).
)
$29,315 - $182,372  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 201
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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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For Small Business Owners, career progression may result in somewhat stagnant compensation. Small Business Owners will earn an amount similar to those further down the career ladder. More commonly, Small Business Owners take pay cuts as they move into roles as Construction Project Managers or Operations Managers, making $3,387 or $13,658 less per year, respectively.

Small Business Owner / Operator Job Listings

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Popular Skills for Small Business Owner / Operator

Small Business Owners report using a wide range of professional skills. Those listing Sales as a skill should be prepared for drastically lower pay. Customer Service and Leadership also typically command lower compensation. For most people, competency in Leadership indicates knowledge of Strategic Planning and Customer Relationship Management (CRM). Most people familiar with Operations Management 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.
Though starting salaries approximate $63K, they climb to $77K after five to 10 years. Salary comes to $77K after 10 to 20 years. After spending 20 years in the field, salary continues to increase for Small Business Owners and pay is expected at $80K. The largest number of Small Business Owners have one to 10 years of experience, followed by those with 10 to 20 years. Workers who have been working for more than 20 years are the least common.

Pay Difference By Location

Los Angeles
up arrow 52%
Chicago
up arrow 28%
Seattle
up arrow 22%
Pittsburgh
up arrow 4%
Atlanta
up arrow 2%
National Average
$73,000
Dallas
up arrow 2%
Tampa
up arrow 5%
Raleigh
up arrow 14%
Charlotte
up arrow 17%
San Antonio
up arrow 18%
Houston
up arrow 21%
Larger circles over a city indicate a job is popular in that location.
For Small Business Owners, Los Angeles provides a pay rate that is 52 percent greater than the national average. Small Business Owners can also look forward to large paychecks in cities like Chicago (+28 percent), Seattle (+22 percent), Pittsburgh (+4 percent), and Atlanta (+2 percent). Small Business Owners in Houston take home the lowest salaries, earning a whopping 21 percent less than the national average. Workers in San Antonio and Charlotte earn less than others in this profession; their -18 percent and -17 percent-salaries fall short of the national average.

Related Job Salaries

Experience Affects Small Business Owner / Operator Salaries

National Average
$73,000

Skills That Affect Small Business Owner / Operator Salaries

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 185 votes.

Gender

Female
33%
female alumni
 
Male
67%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
21%
10-19 years
29%
20 years or more
26%

Common Health Benefits

medical benefits Medical: 30% dental benefits Dental: 17%
vision benefits Vision: 12% employee benefits None: 70%
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