The average salary for a small business owner is $67, 873. Most small business owners in the United States make somewhere between $30,000 and $100,000 annually. The numbers vary very little in different geographical regions throughout the United States.
The average salary for a small business owner is $83,000.
Average salary for a small business owner
According to the Bureau of Labor Statistics (BLS), there are an estimated 28 million small businesses in the United States. But how do their owners get paid? According to PayScale, a leading online salary database, the average annual salary for a small business owner is $43,000.
$43,000
The average salary for a small business owner is $43,000. This number encompasses all types of businesses, from restaurants to law firms to cleaning services. In the US, the average is $41,600; in the UK, it’s £22k; in Canada, it’s CAD$64k; in Australia it’s AUD$68k; and in India it’s INR4 lakhs.
The average small business owner earns $43,000 a year in salary, according to PayScale.
If you’re wondering how much you should be making as a small business owner, the answer is not an easy one. The average salary for a small business owner ranges from $43,000 to $108,000 per year (depending on where you live), according to PayScale.
The range in salaries reflects different costs of living across the globe and also varies depending on what kind of company you run. For example, if your job involves a lot of sales or customer service interactions—which come with their own particular stresses—you may want to consider earning more than someone who works out of their home office and doesn’t have many employees under them.
The average small business owner earns $43,000 a year in salary.
The average salary for a small business owner is $43,000. The average salary for an entrepreneur in the United States is currently $53,422. Small business owners earn more than employees who work for companies with more than one hundred people on staff, but less than independent business owners who operate their own companies and take on all risk but also reap the rewards.
Conclusion
If you’re curious about how this stacks up against other professions, we’ve compiled a list of the average salaries for other professions. You can also get a glimpse into what your career path might look like by looking at some of our most popular articles about business owners and small businesses.
