$59,889
Avg. Salary
$25.70
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$4,938

Profit Sharing

$10,258

Commission

$12,208

The average pay for a Small Business Owner / Operator is $25.70 per hour.

The average pay for a Small Business Owner / Operator is $59,889 per year.

$27k
10%
$60k
50%
$149k
90%
MEDIAN $59,889
$27,067 - $148,912
$27K
$60K
$150K
MEDIAN: $59,889
10%
50%
90%

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$11.93 - $73.37
$12
$26
$73
MEDIAN: $25.70
10%
50%
90%

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$0$154K
Salary $27,067 - $148,912
Bonus $0.00 - $36,200
Profit Sharing $10.14 - $73,974
Commission $582 - $57,006
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).
)
$27,170 - $154,266
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2018
  • Individuals Reporting: 1,646
Hourly Data $0$75
Hourly Rate $11.93 - $73.37
Hourly Tips $0.30 - $5.02
Overtime $8.30 - $75.08
Annual Data $0$154K
Bonus $0.00 - $36,200
Commission $582 - $57,006
Profit Sharing $10.14 - $73,974
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).
)
$27,170 - $154,266
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2018
  • Individuals Reporting: 615

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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Small Business Owner / Operator 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.

Common Career Paths for Small Business Owner / Operator


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Small Business Owner / Operator Job Listings

Popular Skills for Small Business Owner / Operator

Pay by Experience Level for Small Business Owner / Operator

Pay by Experience for a Small Business Owner / Operator has a positive trend. An entry-level Small Business Owner / Operator with less than 5 years of experience can expect to earn an average total compensation of $43,000 based on 275 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Small Business Owner / Operator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $51,000 based on 242 salaries. An experienced Small Business Owner / Operator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $63,000 based on 394 salaries. A Small Business Owner / Operator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 369 salaries.

Pay Difference by Location

62%

59%

27%

5%

National Average: $61,084

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

Small Business Owner / Operator Advice

Q: What is it like working as a Small Business Owner / Operator?

Small Business Owner / Operator in Oakland:
"Have a plan, but be prepared to change."
Find your niche -- something you do better than anyone else.

Small Business Owner / Operator in Hoquiam:
"Ability to also attend online school, meeting interesting pe."
Pros: Meeting people from all over the world.
Cons: Nothing so far.

Small Business Owner / Operator in Walden:
Don't open your own businessget a government jobs.

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.

Small Business Owner / Operator in Glendive:
"Work flexibility, people interactions."
Pros: Having control of the business.
Cons: Having to manage 10 people.

Small Business Owner / Operator in Pittsburgh:
"Self Employement is great."
Pros: I like that I can get up whenever I want and be creative designing pinback buttons and t-shirts and selling them at parades, marches and rallies. Every month, I raise money for a different charity and have a specially designed button for that charity. It is great income or sideline income.
Cons: If you don't work, you don't get paid, no paid vacations, holidays or sick days.

Small Business Owner / Operator in Saratoga Springs:
Pros: I am enjoying using my skills in retirement to solve problems and help other people.
Cons: Determining what to charge customers.

Related Job Salaries

Key Stats for Small Business Owner / Operator

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 356 votes.
Less than 1 year
1%
1-4 years
19%
5-9 years
14%
10-19 years
29%
20 years or more
36%

Experience Affects Small Business Owner / Operator Salaries

▲14%

▲3%

National Average
$61,000

▼17%

▼30%

Skills That Affect Small Business Owner / Operator Salaries


Social Media Marketing
▲4%


National Average
$61,000

▼4%




Graphic Design
▼13%



▼17%

Bookkeeping
▼31%

Cleaning
▼36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 356 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
14%
10-19 years
29%
20 years or more
36%

Common Health Benefits

medical benefits
Medical: 33%
dental benefits
Dental: 17%
vision benefits
Vision: 13%
no benefits
None: 66%