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Average Small Business Owner Salary

$68,959
Avg. SalaryShow Hourly Rate
$5,161
Bonus
$23,000
Commission
$25,000
Profit Sharing
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The average salary for a Small Business Owner is $68,959.
10%
$30k
MEDIAN
$69k
90%
$149k
Is Small Business Owner your job title? Find out what you should be paid
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Salary
$30k - $149k
Bonus
$966 - $20k
Profit Sharing
$2k - $103k
Commission
$0 - $23k
Total Pay
$31k - $158k
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What Do Small Business Owners Do?

Small Business Owner Tasks
  • Oversee company operations, directing production, sales, administrative, and/or distribution activities.
  • Oversee and/or assist with personnel management, including hiring, training, and performance evaluation.
  • Oversee and/or assist with client acquisition and marketing strategies.
  • Develop and/or assist with company-wide policies, procedures, objectives, and business strategies.
  • Direct and review financial activities, measuring productivity, setting prices, and/or managing budgets.

Job Satisfaction for Small Business Owner

4.6 out of 5
(64)
Extremely Satisfied
7Reviews

Popular Employer Salaries for Small Business Owner

Career Paths

Explore the most common career paths for Small Business Owner. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Small Business Owner
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Small Business Owner Job Listings

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What Are Popular Skills for Small Business Owners?

Skills in Sales, Project Management and Business Development are correlated to pay that is above average. Skills that pay less than market rate include Operations Management and Business Management.

What is the Pay by Experience Level for Small Business Owners?

An entry-level Small Business Owner with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $39,456 based on 7 salaries. An early career Small Business Owner with 1-4 years of experience earns an average total compensation of $54,498 based on 65 salaries. A mid-career Small Business Owner with 5-9 years of experience earns an average total compensation of $60,217 based on 78 salaries. An experienced Small Business Owner with 10-19 years of experience earns an average total compensation of $65,299 based on 122 salaries. In their late career (20 years and higher), employees earn an average total compensation of $79,851.
Employees with Small Business Owner in their job title in Boston, Massachusetts earn an average of 79.4% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (51.9% more) and Minneapolis, Minnesota (28.2% more). The lowest salaries can be found in Los Angeles, California (63.7% less), New York, New York (13.0% less) and Seattle, Washington (11.6% less).

Years of Experience

This data is based on 420 survey responses.
Entry Level
1.7%
Early Career
15.5%
Mid Career
18.6%
Experienced
29.0%
Late Career
35.2%