Originally posted by utherpendragon
Fro you and KN... we do not have 100% unemployment rate. For the folks who are still employed and are not government workers who is employing them ? The "rich"?
The vast majority of small business owners make well under the $250,000 threshold proposed for a marginal tax increase - to say nothing about the $1,000,000 income proposed compromise.
A small business owner is an individual who manages his own organization. These entrepreneurs can be found within all industries, including retail, entertainment, financial services and law. A formal educational background is not required to become a successful small business owner. What is needed however is a good idea, a solid business plan and startup capital. Due to the variety of organizations that make up this sector, the average income of small business owners varies widely, depending upon level of experience, location of employment and gender.
Average Income by Experience
According to compensation survey administrator PayScale in 2010, the average income of small business owners varies widely depending upon their level of experience. For example, small business owners with less than one year of experience in running an organization earn an annual salary ranging from $34,392 to $75,076. Those with more than 10 years experience, on the other hand, earn upwards of $105,757 per year.
Average Income by Gender
The average income of small business owners is also affected by gender. Males earn a median annual salary that far surpassed their female counterparts. Payscale’s report indicated that men who own small businesses earn a salary that ranges from $42,575 to $96,111. Women, on the other hand, only earn $31,380 to $71,140 every year.
Average Income by Industry
The industry in which a small business operates also affects the average income of his owner. Some industries pay far more than others. For example, entrepreneurs who owned electrical contracting businesses make salaries that range from $49,910 to $114,000 each year. Child care providers, in contrast, make anywhere between $19,792 and $61,674 annually.
Average Income by Special Skill
Although a small business owner overseas is entire operation, it is not uncommon for him to have a specific skill set. For example, the owner of a financial services recruiting firm may have started his career as a tax accountant. The possession of special skills can affect an entrepreneur’s average income. Those with accounting skills, for instance, earn an average annual salary ranging from $38,884 to $81,313, while individuals with sales management experience earning income ranging from $45,000 to $104,762.
Average Income by Region
The region in which a small business is located also affects the average income of its owners. A report issued by PayScale indicated that entrepreneurs employed on the coasts earn more than their counterparts in the South and Midwest. Entrepreneurs in New York, for example, earned a median yearly salary upwards of $125,185, while those in Georgia top out at $75,500.
Now here's some statistics that don't just include small business owners, but all of them.
Business Owner Salary Comparison
X Contributing WriterThis article was created by a professional writer and edited by experienced copy editors, both qualified members of the Demand Media Studios community. All articles go through an editorial process that includes subject matter guidelines, plagiarism review, fact-checking, and other steps in an effort to provide reliable information.
By an eHow Contributor
Print this articleBusiness owners lead and manage their own small companies and corporations. These businesses can include bookstores, art shops, medical coding firms, attorney firms, computer firms and employment coaching agencies. The owner is responsible for budgets, hiring, accounting duties, short term and long term planning for growth and purchasing supplies. Small-business owners must keep the company's prices competitive. The owner's salary varies according to years of experience, employer type, company size, city and state, gender and amount of sales expected each year.
Average Salary by Years of Experience and Gender
According to a 2009 PayScale survey, a female small-business owners' average annual salary is between $25,000 and $70,000. A male small-business owners' average salary falls between $50,000 and $100,000 per year. The average annual salary of an owner with one to four years' experience is $35,000; five to nine years' experience, $40,000; and 10 to 19 years' experience, $45,000.
Average Salary by Employer Type
Employer types include self-employed owner companies, franchise owners and owners of private practice companies. Self-employed company owners, make a salary between $40,000 and $100,000 per year according to the 2009 PayScale survey. Franchise-owned companies' owners make and annual average salary between $50,000 and $120,000; and private practice owners are paid between $80,000 and $180,000 per year.
Average Salary by City
Business owners in Houston have a median salary between $60,000 and $180,000 annually; owners in New York have the highest paying salary of between $60,000 and $200,000 per year. These are 2009 figures provided by PayScale.
Average Salary by State
Per PayScale, Texas, Illinois and California have the highest paid average salaries for a business owners. Texas is between $60,000 and $120,000, Illinois is between $50,000 and $170,000, and California is between $50,000 and $160,000 per year. These salaries are throughout the market for all types of businesses in these states in 2009.
Average Salary by Company Size
According to PayScale, the highest salary for a small-business owner at a company with between 200 and 599 employees was from $50,000 to $225,000 in 2009.
Average Salary Based on Sales
If the company had annual sales of up $99,999 the salary was as low as $60,000 annually, according to the 2009 PayScale survey. If the sales were between $100,000 and $1,900,000 per year the lowest average salary was $80,000 annually.
Read more: Business Owner Salary Comparison | eHow.com http://www.ehow.com/about_5229133_business-owner-salary-comparison.html#ixzz1RAUieMwy[quote]