Entry-Level Small Business Owner / Operator Salary

The average Entry-Level Small Business Owner and Operator can expect to rake in roughly $49K per year. In the world of Entry-Level Small Business Owners and Operators, overall cash earnings stretch from $21K near the bottom to $117K near the top; these packages encompass bonuses that run close to $12K and profit sharing that can (albeit rarely) exceed $101K, along with commissions approaching $122K. It's worth noting that most people in this role find their work both fulfilling and enjoyable. Male Entry-Level Small Business Owners and Operators are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 54 percent of the field. Slightly less than a third enjoy medical while just under a fifth get dental coverage. Vision coverage is also available to close to one-seventh. The numbers in this rundown were provided by PayScale's salary survey participants.

$21,935 - $116,471
(Median)
$22K
$49K
$120K
MEDIAN: $48,676
10%
50%
90%

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$9.77 - $40.09
(Median)
$9
$20
$40
MEDIAN: $19.00
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
$21,935 - $116,471  
   
Bonus
$0.00 - $11,836  
Profit Sharing
$248.32 - $100,671  
Commission
$0.00 - $121,641  
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).
)
$21,088 - $117,312  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 263
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
$9.77 - $40.09  
   
Hourly Tips
$1.33  
Overtime
$0.30 - $58.17  
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 - $11,836  
   
Commission
$0.00 - $121,641  
Profit Sharing
$248.32 - $100,671  
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).
)
$21,088 - $117,312  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 108
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Owner / Operator Job Listings

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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

Project Management
up arrow 32%

Construction Estimating
up arrow 29%

National Average
$45,000

Leadership
up arrow 2%

Operations Management
up arrow 3%

Customer Relationship Management (CRM)
up arrow 7%

Strategic Planning
up arrow 8%

Sales
up arrow 9%

Sales Management
up arrow 9%

Customer Service
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
46 %
Male
54 %

Common Health Benefits

medical benefits
Medical: 31%
dental benefits
Dental: 18%
medical benefits
Vision: 15%
dental benefits
None: 69%
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