How much money do small business owners make? That’s a question that’s difficult to answer simply, since there are so many different types of businesses and industries that fit within that category. However, there are some recent statistics that can shed light on what types of salaries certain small business owners are likely to bring in.How Much Do Small Business Owners Make These Days?
Payscale has found that the average salary for a CEO is $164,749 per year. However, that includes people who hold that role at large companies and those who came into that role without actually starting or owning the business themselves.
According to a recent study by Fundera, 86.3 percent of small business owners said they take a salary of less than $100,000 per year. In fact, 30.1 percent said they don’t pay themselves at all. Of those who do take a salary, most put their range within $20,000 to $50,000 per year.
When you break down earnings by industry, you can learn a bit more. For example, the median salary for a restaurant owner/operator is around $60,000. Retail store owners earn a median i