How Much Should a Business Owner Make? (Infographic)

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Anyone who hasn’t been a business owner may romanticize the idea of “being an entrepreneur.” It’s easy to picture glamorous CEOs who have it all together and take home large salaries. But if you have been an entrepreneur, you know the life of a business

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What’s the Average Small Business Owner Salary?

When starting your own business, there will undoubtedly be surprises. One of those surprises could be related to your paycheck — or lack thereof.

After opening a business, most owners won’t pay themselves during the first year, said Kedma Ough, director of the Oregon Small Business Development Center Network. Many new owners are surprised when their profits are not high enough to support a salary that can fund their existing lifestyle.

“They are usually shocked when we are reviewing their personal financial statements, especially when they realize there is not a lot left for them to take as a salary,” Ough said.

Once you begin to turn a larger profit, you’ll be able to set aside some money for yourself. It’s crucial you pay yourself enough, not only to remain compliant in the eyes of the IRS, but also to reinforce your value as a business owner, Ough said. Even

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Business Owner Resume – Sample & Writing Guide

Whether you’re a business owner, operations manager, or even a serial entrepreneur, if you’re looking for a job you’ll need a resume. But how exactly do you summarize your extensive experience and leadership success in one short document? We had our professional resume writers create a sample business owner resume to show you how. Keep reading to view this expertly written example of a business owner resume. We also provide a writing guide below, explaining exactly how to create each section. Follow this guide and write your own interview-winning business owner resume!


Business Owner Resume – Writing Guide and Sample

business owner resume

business owner resume



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Contact Details Section

Writing a contact

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13 Types of Insurance a Small Business Owner Should Have

1. General Liability Insurance: Every business, even if home-based, needs to have liability insurance.  The policy provides both defense and damages if you, your employees or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party.

2. Property Insurance:  If you own your building or have business personal property, including office equipment, computers, inventory or tools you should consider purchasing a policy that will protect you if you have a fire, vandalism, theft, smoke damage etc.  You may also want to consider business interruption/loss of earning insurance as part of the policy to protect your earnings if the business is unable to operate.

3. Business owner’s policy (BOP): A business owner policy packages all required coverage a business owner would need. Often, BOP’s will include business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance . Based

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