Small Business Owner / Operator Salary

Small Business Owners and Operators in the United States tend to be well-versed in their field, and just under two-thirds have more than 10 years of experience. Average salary is expected to be around $59K annually, but may range from $25K to $152K per year. With some bonuses approaching $25K and certain profit sharing proceeds approaching $52K, overall incomes of Small Business Owners and Operators spread between $25K and $152K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by tenure. It's worth noting that most people in this role find their work both fulfilling and enjoyable. There are more male Small Business Owners and Operators than female among those who completed the questionnaire, making up 66 percent. Medical benefits are awarded to nearly one-third, and one in six earn dental coverage. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$25,388 - $144,913
$25K
$59K
$140K
MEDIAN: $58,613
10%
50%
90%

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$10.30 - $75.37
$10
$25
$75
MEDIAN: $24.83
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
$25,388 - $144,913  
   
Bonus
$0.00 - $24,744  
Profit Sharing
$0.00 - $51,891  
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).
)
$25,457 - $152,003  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 781
© PayScale, Inc. @ www.payscale.com
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$33$66$99
Hourly Rate
$10.30 - $75.37  
   
Hourly Tips
$0.50 - $5.02  
Overtime
$-0.49 - $97.87  
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$70K$140K$210K
Bonus
$0.00 - $24,744  
   
Commission
$27.88 - $49,316  
Profit Sharing
$0.00 - $51,891  
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).
)
$25,457 - $152,003  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 268
© PayScale, Inc. @ www.payscale.com

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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Though not the most common occurrence, Small Business Owners and Operators sometimes become Construction Managers, where the average income is $74K per year. 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 $39K — is also typical for Small Business Owners and Operators, though less common by comparison.

Owner / Operator Job Listings

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Popular Skills for Small Business Owner / Operator


Survey results imply that Small Business Owners and Operators deploy a substantial tool kit of skills at work. 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 24 percent, 8 percent, and 3 percent, respectively. Those listing Cleaning as a skill should be prepared for drastically lower pay. Bookkeeping and Sales also typically command lower compensation. It is often found that people who know Leadership are also skilled in 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.


For many Small Business Owners and Operators, experience and pay levels seem to be correlated; more years in the business generally lead to more money. The average inexperienced worker's salary is approximately $43K, and people with five to 10 years of experience bring in more at around $51K on average. People with 10 to 20 years of experience make an average of about $63K in this role. Small Business Owners and Operators with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $70K.

Pay Difference by Location

National Average: $58,961

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

For Small Business Owners and Operators, working in the bustling city of Oklahoma City has its advantages, including an above-average pay rate. Small Business Owners and Operators can also look forward to large paychecks in cities like Houston (+70 percent), Dallas (+67 percent), Austin (+65 percent), and New York (+41 percent). Small Business Owners and Operators in Charlotte take home the lowest salaries, earning a whopping 38 percent less than the national average. Employers in Tampa and Memphis also lean toward paying below-median salaries (27 percent lower and 15 percent lower, 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
34 %
Male
66 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 158 votes.
Less than 1 year
2%
1-4 years
19%
5-9 years
15%
10-19 years
29%
20 years or more
35%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Small Business Owner / Operator Salaries

▲19%

▲6%

National Average
$59,000

▼14%

▼27%

Skills That Affect Small Business Owner / Operator Salaries


Social Media Marketing
▲8%


National Average
$59,000

▼1%




Graphic Design
▼10%


▼13%


Bookkeeping
▼29%

Cleaning
▼34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 158 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
2%
1-4 years
19%
5-9 years
15%
10-19 years
29%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 32%
dental benefits
Dental: 16%
vision benefits
Vision: 12%
dental benefits
None: 67%
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