Entry-Level Small Business Owners and Operators take home approximately $49K per year on average. Total incomes of Entry-Level Small Business Owners and Operators incorporate potential for, in a few cases, more than $10K from bonuses and close to $31K from profit sharing; these performance components cause packages to range between $21K and $119K. About one in four enjoy medical while nearly one-seventh get dental coverage. Vision coverage is also available to around one in seven. Men working as Entry-Level Small Business Owners and Operators who took the survey just slightly outnumber women at 51 percent. It's worth noting that most people in this role find their work both fulfilling and enjoyable. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$23,513 - $121,593
(Median)
$24K
$49K
$120K
MEDIAN: $49,018
10%
50%
90%

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$9.59 - $40.36
(Median)
$9
$17
$40
MEDIAN: $17.00
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$50K$100K$150K
Salary
$23,513 - $121,593  
   
Bonus
$0.00 - $10,101  
Profit Sharing
$0.00 - $30,913  
Commission
$7,800  
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).
)
$21,160 - $118,555  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 201
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$25$50$75
Hourly Rate
$9.59 - $40.36  
   
Hourly Tips
$1.33  
Overtime
$2.50 - $57.00  
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$50K$100K$150K
Bonus
$0.00 - $10,101  
   
Commission
$7,800  
Profit Sharing
$0.00 - $30,913  
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).
)
$21,160 - $118,555  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 85
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Small Business Owner / Operator Advice

What do you wish you knew about your job when you first started out?

Small Business Owner / Operator in Union:
"Get your degree!"
I know, I know. Everyone says that. But what do you get out of a degree? Banks like to lend money to business owners with business degrees. Without a line of credit, growing your business will be difficult. Learning by doing is great. Just understand that when you do make a mistake, your wallet will take a hit. Making a mistake in school is no big deal....make the wrong mistake in business and you may just lose EVERYTHING! Go to work in the industry after you have your degree. Here you will learn hands on how to run your business (good and bad). Surround yourself with successful business owners. Pick their brain. Learn all you can about your chosen business BEFORE diving in the pool. This tip alone can save you a ton of money! Always have an escape plan if things don't work out and prepare your end game early. These plans are super important to refer to at a moments notice!

Small Business Owner / Operator in Gilmer:
"High Stress Levels."
Always be aware of DOT regulations and keep an eye on fuel prices daily. Don't be afraid to shop around for better fuel prices.

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Skills That Affect Small Business Owner / Operator Salaries

Construction Estimating
up arrow 26%

Project Management
up arrow 20%

Leadership
0%

National Average
$43,000

Operations Management
up arrow 4%

Customer Service
up arrow 10%

Sales
up arrow 15%

Customer Relationship Management (CRM)
up arrow 15%

Sales Management
up arrow 15%

Strategic Planning
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
49 %
Male
51 %

Common Health Benefits

medical benefits
Medical: 27%
dental benefits
Dental: 15%
medical benefits
Vision: 14%
dental benefits
None: 73%
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