What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Small Business Owner / Operator Salary

Small Business Owners and Operators in the United States are often veterans in their line of work, with three-fifths bringing more than 10 years of experience to the table. Salaries slide in at $67K annually on average but can range from $29K to $172K per year. Total cash compensation to Small Business Owners and Operators approaches anywhere from $29K on the lower end to $172K on the higher end; in exceptional cases, this can include more than $25K from bonuses and upwards of $76K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Job satisfaction is high and work is enjoyable for most Small Business Owners and Operators. Small Business Owners and Operators who participated in the survey are largely men, dominating at 68 percent. Close to one-third report receiving medical coverage from their employers and approximately one-sixth collect dental insurance. This report is based on responses to the PayScale salary survey.
Read More
$28,835 - $168,864
(Median)
$29K
$67K
$170K
MEDIAN: $66,516
10%
50%
90%

Add this chart to your site: 640px    300px

$10.36 - $61.12
(Median)
$10
$25
$61
MEDIAN: $25.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$60K$120K$180K
Salary
$28,835 - $168,864  
   
Bonus
$0.00 - $24,883  
Profit Sharing
$1,953 - $75,503  
Commission
$0.00 - $123,067  
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).
)
$28,814 - $171,515  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,106
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$30$60$90
Hourly Rate
$10.36 - $61.12  
   
Hourly Tips
$0.17 - $7.95  
Overtime
$6.90 - $88.77  
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$60K$120K$180K
Bonus
$0.00 - $24,883  
   
Commission
$0.00 - $123,067  
Profit Sharing
$1,953 - $75,503  
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).
)
$28,814 - $171,515  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 271

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


Small Business Owners and Operators may not see large compensation differences if they transition into an upper-level role such as Construction Manager. Construction Managers on average make about as much as Small Business Owners and Operators do. With an annual salary of $70K, Construction Project Manager is the most common role for Small Business Owners and Operators to subsequently assume on their way up the ladder. Transitioning into an Office Manager role — which usually pays $38K — is also typical for Small Business Owners and Operators, though less common by comparison.

Owner / Operator Job Listings

Jobs by Simply Hired
jobs by Indeed job search

Search for more jobs:

Popular Skills for Small Business Owner / Operator


Survey results imply that Small Business Owners and Operators put a diverse skill set to use. Most notably, skills in Construction Estimating, Project Management, Sales Management, and Strategic Planning are correlated to pay that is above average. Those listing Customer Service as a skill should be prepared for drastically lower pay. Customer Relationship Management and Leadership also typically command lower compensation. Most people experienced in Leadership also know Customer Relationship Management (CRM) and Sales.

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 lot of experience do not necessarily enjoy more money. Salaries of relatively inexperienced workers fall in the neighborhood of $55K, but folks who have racked up five to 10 years see a notably higher median of $66K. After working for 10 to 20 years, Small Business Owners and Operators make a median salary of $72K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $74K.

Related Job Salaries

 
ADVERTISEMENT
United States (change)

Experience Affects Small Business Owner / Operator Salaries



National Average
$68,000



Skills That Affect Small Business Owner / Operator Salaries


Project Management
up arrow 4%

National Average
$68,000

Sales Management
up arrow 1%

Strategic Planning
up arrow 4%



up arrow 19%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 189 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
18%
10-19 years
30%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 33% dental benefits Dental: 17%
vision benefits Vision: 12% employee benefits None: 67%
ADVERTISEMENT