Yet, some small business owners don’t get the reward of a steady paycheck. CEOs don’t pay themselves — owners pay the CEO. House Hearing, 106 Congress “Salary of the President of the United States” Cornell Law School, “ 3 U.S. Code § 102.Compensation of the President ” White House Press Briefing , April 3, 2017 The average business owner salary is $59,000 per year. But you can climb out of the business owner salary fog. Hope Hicks. Small business CEOs can often carve out a nice salary for themselves. Deducting Officer Salaries as a Business Expense . Here's a visual look at their average base compensation. Average salaries can vary and range from $81,597 to $765,140. Many entrepreneurs don't start businesses to get rich; they do it because they have a passion for their work and love the freedom of being their own boss. They report directly to the CEO and work closely with them to provide the organization with strategy, vision and financial management. Factors That Affect Small Business Owner Salary . Rather, it’s a rule of thumb that’s used by many accountants. The Balance Small Business Menu Go. Average U.S. Small Business Administration hourly pay ranges from approximately $17.34 per hour for Legal Assistant to $27.68 per hour for Attorney. Assistant to the president for economic policy - $183,000 The average President salary in the United States is $249,770 as of November 25, 2020. What are the average salary ranges for jobs in the Executive and Management?There are 1452 jobs in Executive and Management category. Included in those numbers are bonuses, profit sharing, and commissions. Assistant to the president and counselor to the president - $183,000. The range for our most popular President positions (listed below) typically falls between $80,700 and $418,840. National average salary: $126,848 per year. The average U.S. Small Business Administration salary ranges from approximately $35,000 per year for Legal Assistant to $78,691 per year for Attorney. Many small business owners compensate themselves using a draw, rather than paying themselves a salary. An owner’s draw refers to an owner taking funds out of the business for personal use. Patty could withdraw profits generated by her business or take out funds that she previously contributed to her company. The salaries of a small business owner in the United States range from $29,462 to $160,606 a year, according to PayScale, a compensation research company. Primary responsibilities: The president of a company is often the same position as a COO of a company. Pay 60% of your business income to yourself in the form of employee salary; Pay yourself 40% of your business income in the form of distributions; Note: This isn’t an IRS rule and has never been officially approved by the IRS. Larry Kudlow. 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