Average Small Business Owner Salary in Chicago, Illinois

$104,762
Avg. Base Salary (USD)

The average salary for a Small Business Owner is $104,762 in 2024

Base Salary
$0 - $105k
Bonus
$0 - $20k
Total Pay
$92k - $136k
Is Average Small Business Owner Salary in Chicago, Illinois your job title? Find out what you should be paid
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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.
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FAQs About Small Business Owners

What is the highest pay for Small Business Owners in Chicago?

Our data indicates that the highest pay for a Small Business Owner in Chicago is $NaN / year

What is the lowest pay for Small Business Owners in Chicago?

Our data indicates that the lowest pay for a Small Business Owner in Chicago is $NaN / year

How can Small Business Owners increase their salary?

Increasing your pay as a Small Business Owner is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Small Business Owner that oversees more junior Small Business Owners, this experience can increase the likelihood to earn more.