Becoming a Small Business Owner via Online Education?

At the very least, online education can help you lay a foundation and/or open up alternate career paths. Strayer University, one of the highest ranking online schools, is a US school (accredited) offering small business courses to train individuals to become top-notch small business owners, businessmen, businesswomen, small business managers, small business consultants, small business professionals, etc. Currently, according to the US Bureau of Labor Statistics there are 6,063,670 people employed as business and financial operations employees alone in America, and their average annual salary is $65,900. Sales managers make on average $111,570 per year and there are about 328,980 of them employed today. Colleges and universities like Strayer University that provide online education are successfully launching workers into this field.

Typical Work Locations for a Small Business Owner
  • in an office
  • at home
  • on a construction site
  • at a government office
  • at a coffee shop
  • in a mall
  • in a strip mall
  • in your car
  • at a customers house
  • in a street side booth
Potential Advantages and Benefits of Working as a Small Business Owner
  • be your own boss
  • work from home
  • choose your own hours
  • have small start up costs
  • be eligible for small business grants
  • retain more of the profit
  • hire family members and or friends
  • provide personal customer service
  • have tax credits
  • customize products or service for your customers
Potential Drawbacks
  • work late hours
  • make less money
  • build clientele
  • struggle for a while
  • can't afford staff members
  • work alone
  • pay back business loans
  • manage a small team
  • manage your own inventory
  • use your own money at times
Related Professions to Consider
  • Finance & Accounting
  • Business Planning
  • Starting a Business
  • Business Management
  • Government Contracting
  • Managers
  • Marketing and Advertising
  • Directors
  • Store Manager
  • Assistant Store Manager
Possible Interview Questions When Applying to be a Small Business Owner
  • What questions do you have about this position or firm?
  • What makes you to be a best candidate for this job?
  • Identify the strength and weakness of material handling systems in any organization?
  • What was St Peter's strength and weakness?
  • Why i want to work with your company?
  • It focuses on goals and their achievement?
  • What were the weaknesses and strengths of SALT Talks?
  • How write assessment for hairdressing interview?
  • Tell me about a time that you were able to solve a tough problem that you encountered with a customer without a solid answer?
  • What would you do if I told you that you performed poorly during this interview?
Common Collaborating Professions
  • real estate agent
  • accountant
  • lawyer
  • loaners
  • banks
  • customers
  • suppliers
  • manufacturers
  • partners
  • competitors
Small Business Owner Training books Small Business Owner (More) Popular books Potential Companies to Work For Common College Majors
  • Accounting
  • Advertising
  • Business
  • Communications
  • Construction Management
  • Finance
  • Financial Management
  • Financial Planning
  • Restaurant Management
  • Taxation

Small Business Owner Salary Information

Category: Sales managers

Total # Employed in the US 328,980
Average Hourly Wage: $53.64/hr
Hourly Wage Range
PERCENTILE
10%25%50%75%90%
$22.91 $31.35 $46.53 $68.0 $0.0
Average Yearly Salary $111,570
Yearly Salary Range
PERCENTILE
10%25%50%75%90%
$47,660 $65,210 $96,790 $141,430 $0
Employment Demographics
% OF WORKERS WITH
< High School Diploma High School Diploma Some College Associate Degree Bachelor Degree Master Degree Doctoral Degree
1.0% 9.1% 17.6% 6.7% 47.7% 16.6% 1.4%
Sales managers — WAGES BY STATE, SORTED BY SALARY
STATEAverage Hourly WageAverage Annual Salary
Oklahoma $75.39/hr $156,800
District of Columbia $64.63/hr $134,430
Missouri $64.57/hr $134,300
North Dakota $63.92/hr $132,950
Hawaii $60.92/hr $126,710
North Carolina $59.42/hr $123,600
Virginia $57.83/hr $120,290
Delaware $55.87/hr $116,220
Colorado $55.73/hr $115,930
Mississippi $54.72/hr $113,820
Wyoming $54.64/hr $113,660
South Carolina $53.1/hr $110,460
Utah $52.9/hr $110,030
Connecticut $52.84/hr $109,910
Florida $52.45/hr $109,110
West Virginia $52.25/hr $108,680
Tennessee $52.13/hr $108,430
Nebraska $51.54/hr $107,210
Idaho $51.54/hr $107,200
New Mexico $51.52/hr $107,160
New Hampshire $51.51/hr $107,150
Kansas $50.5/hr $105,050
Montana $50.32/hr $104,670
Maine $49.38/hr $102,700
Guam $48.62/hr $101,130
Washington $48.19/hr $100,230
Oregon $47.49/hr $98,790
Louisiana $46.1/hr $95,890
Alabama $45.82/hr $95,300
California $45.75/hr $95,170
Kentucky $45.09/hr $93,780
Arkansas $44.63/hr $92,830
Puerto Rico $43.7/hr $90,890
Maryland $43.53/hr $90,540
Wisconsin $42.77/hr $88,960
South Dakota $41.36/hr $86,020
Michigan $41.27/hr $85,840
New York $41.04/hr $85,360
Indiana $40.41/hr $84,050
Pennsylvania $39.96/hr $83,110
Nevada $39.86/hr $82,900
Ohio $39.52/hr $82,210
Massachusetts $39.06/hr $81,240
Iowa $37.78/hr $78,590
New Jersey $36.54/hr $76,000
Alaska $33.96/hr $70,640


Category: Business and financial operations occupations

Total # Employed in the US 6,063,670
Average Hourly Wage: $31.68/hr
Hourly Wage Range
PERCENTILE
10%25%50%75%90%
$16.1 $20.93 $28.32 $38.24 $50.34
Average Yearly Salary $65,900
Yearly Salary Range
PERCENTILE
10%25%50%75%90%
$33,490 $43,530 $58,910 $79,550 $104,700
Employment Demographics
% OF WORKERS WITH
< High School Diploma High School Diploma Some College Associate Degree Bachelor Degree Master Degree Doctoral Degree
% % % % % % %
Business and financial operations occupations — WAGES BY STATE, SORTED BY SALARY
STATEAverage Hourly WageAverage Annual Salary
Florida $40.24/hr $83,700
Oklahoma $39/hr $81,110
Missouri $37.01/hr $76,990
Delaware $35.92/hr $74,700
North Dakota $34.97/hr $72,730
Mississippi $34.81/hr $72,410
Colorado $34.45/hr $71,650
Idaho $33.21/hr $69,080
Connecticut $32.67/hr $67,950
Kansas $32.17/hr $66,920
District of Columbia $31.51/hr $65,540
Utah $31.16/hr $64,810
Montana $30.97/hr $64,430
Wyoming $30.96/hr $64,390
Alaska $30.84/hr $64,140
Virginia $30.33/hr $63,080
Ohio $29.65/hr $61,670
Alabama $29.6/hr $61,560
South Carolina $29.07/hr $60,470
Oregon $28.9/hr $60,110
Nebraska $28.73/hr $59,770
North Carolina $28.68/hr $59,650
New York $28.54/hr $59,370
Hawaii $28.47/hr $59,210
Tennessee $28.42/hr $59,120
Puerto Rico $28.39/hr $59,060
Arkansas $28.28/hr $58,830
Kentucky $28.15/hr $58,540
Maine $28.06/hr $58,370
Indiana $28.03/hr $58,290
Wisconsin $27.94/hr $58,100
New Hampshire $27.85/hr $57,930
Guam $27.62/hr $57,450
New Mexico $27.4/hr $56,990
Washington $26.73/hr $55,590
Michigan $26.59/hr $55,320
Louisiana $26.34/hr $54,790
Iowa $25.87/hr $53,810
Maryland $25.7/hr $53,450
Massachusetts $25.68/hr $53,420
Pennsylvania $25.39/hr $52,800
California $25.08/hr $52,170
West Virginia $24.99/hr $51,980
South Dakota $24.87/hr $51,720
New Jersey $24.7/hr $51,370
Nevada $24.38/hr $50,710


Category: Business operations specialists, all other

Total # Employed in the US 1,036,450
Average Hourly Wage: $31.71/hr
Hourly Wage Range
PERCENTILE
10%25%50%75%90%
$15.77 $21.27 $29.14 $39.05 $50.65
Average Yearly Salary $65,960
Yearly Salary Range
PERCENTILE
10%25%50%75%90%
$32,800 $44,240 $60,610 $81,220 $105,350
Employment Demographics
% OF WORKERS WITH
< High School Diploma High School Diploma Some College Associate Degree Bachelor Degree Master Degree Doctoral Degree
1.9% 15.5% 23.1% 11.6% 32.3% 12.9% 2.7%
Business operations specialists, all other — WAGES BY STATE, SORTED BY SALARY
STATEAverage Hourly WageAverage Annual Salary
Florida $41.93/hr $87,210
Mississippi $36.61/hr $76,160
Montana $35.28/hr $73,380
Alaska $34.51/hr $71,790
Oklahoma $34.42/hr $71,590
Alabama $34.24/hr $71,230
Delaware $33.67/hr $70,030
Connecticut $33.23/hr $69,120
Colorado $33.23/hr $69,110
North Dakota $33.19/hr $69,030
Missouri $32.88/hr $68,390
Idaho $32.87/hr $68,380
Wyoming $32.76/hr $68,150
Utah $32.5/hr $67,600
Ohio $32.27/hr $67,130
Virginia $31.54/hr $65,600
Kansas $30.71/hr $63,880
Maine $30.63/hr $63,700
Arkansas $30.53/hr $63,500
Puerto Rico $30.27/hr $62,970
Guam $30.19/hr $62,800
Wisconsin $30.09/hr $62,590
South Dakota $30.02/hr $62,440
Oregon $29.67/hr $61,710
Hawaii $29.45/hr $61,260
West Virginia $29.44/hr $61,230
Pennsylvania $29.4/hr $61,150
District of Columbia $29.34/hr $61,030
South Carolina $29.25/hr $60,850
Indiana $29.17/hr $60,680
New Hampshire $29.06/hr $60,450
Kentucky $28.81/hr $59,910
New Mexico $28.31/hr $58,880
Nevada $28.03/hr $58,310
New York $27.98/hr $58,210
Michigan $27.88/hr $57,980
California $27.73/hr $57,680
Tennessee $27.72/hr $57,660
Maryland $27.69/hr $57,590
Iowa $26.92/hr $55,980
Washington $26.91/hr $55,970
North Carolina $26.57/hr $55,270
Massachusetts $26.38/hr $54,880
New Jersey $25.67/hr $53,400
Louisiana $25.52/hr $53,090
Nebraska $25.5/hr $53,040


Category: Business teachers, postsecondary

Total # Employed in the US 73,790
Average Yearly Salary $83,840
Yearly Salary Range
PERCENTILE
10%25%50%75%90%
$34,960 $49,380 $73,320 $105,470 $147,050
Employment Demographics
% OF WORKERS WITH
< High School Diploma High School Diploma Some College Associate Degree Bachelor Degree Master Degree Doctoral Degree
0.2% 0.7% 2.7% 2.3% 15.3% 34.6% 44.2%
Business teachers, postsecondary — WAGES BY STATE, SORTED BY SALARY
STATEAverage Hourly WageAverage Annual Salary
Alabama - $82,340
Alaska - $66,800
Arkansas - $104,340
California - $65,920
Colorado - $92,650
Connecticut - $83,560
Delaware - $127,210
District of Columbia - $96,470
Florida - $76,700
Hawaii - $82,840
Idaho - $85,290
Indiana - $93,490
Iowa - $71,790
Kansas - $67,920
Kentucky - $70,460
Louisiana - $80,440
Maine - $62,390
Maryland - $83,540
Massachusetts - $57,790
Michigan - $78,020
Mississippi - $80,650
Missouri - $115,100
Montana - $95,000
Nebraska - $69,810
Nevada - $65,370
New Hampshire - $71,220
New Jersey - $56,060
New Mexico - $70,910
New York - $79,600
North Carolina - $90,720
North Dakota - $88,240
Ohio - $66,900
Oklahoma - $97,170
Oregon - $78,430
Pennsylvania - $69,610
South Carolina - $66,770
South Dakota - $56,790
Tennessee - $91,400
Utah - $81,440
Virginia - $92,720
Washington - $74,970
West Virginia - $64,340
Wisconsin - $75,060
Wyoming - $97,670
Guam - $79,920
Puerto Rico - $65,660


Category: Sales and related occupations

Total # Employed in the US 13,715,050
Average Hourly Wage: $17.32/hr
Hourly Wage Range
PERCENTILE
10%25%50%75%90%
$7.47 $8.6 $11.51 $19.76 $33.93
Average Yearly Salary $36,020
Yearly Salary Range
PERCENTILE
10%25%50%75%90%
$15,530 $17,890 $23,940 $41,100 $70,560
Employment Demographics
% OF WORKERS WITH
< High School Diploma High School Diploma Some College Associate Degree Bachelor Degree Master Degree Doctoral Degree
% % % % % % %
Sales and related occupations — WAGES BY STATE, SORTED BY SALARY
STATEAverage Hourly WageAverage Annual Salary
Oklahoma $21.61/hr $44,950
Delaware $20.87/hr $43,410
Florida $20.68/hr $43,020
North Dakota $20.61/hr $42,860
Missouri $20.15/hr $41,920
Connecticut $18.84/hr $39,190
Colorado $18.66/hr $38,810
Nebraska $18.41/hr $38,300
Kansas $18.16/hr $37,780
Hawaii $17.72/hr $36,850
Tennessee $17.69/hr $36,790
North Carolina $17.46/hr $36,310
Utah $17.41/hr $36,210
District of Columbia $17.1/hr $35,560
Mississippi $17.07/hr $35,510
Arkansas $16.95/hr $35,260
Montana $16.82/hr $34,990
Wyoming $16.77/hr $34,880
Virginia $16.74/hr $34,820
Idaho $16.52/hr $34,360
South Carolina $16.39/hr $34,080
New Hampshire $16.26/hr $33,820
Guam $16.18/hr $33,650
Maine $16.12/hr $33,530
Kentucky $15.92/hr $33,110
Oregon $15.87/hr $33,000
Puerto Rico $15.6/hr $32,460
Iowa $15.58/hr $32,410
New York $15.51/hr $32,260
Indiana $15.43/hr $32,100
Louisiana $15.38/hr $31,990
Michigan $15.21/hr $31,630
Wisconsin $15.11/hr $31,420
New Mexico $15.07/hr $31,350
Alaska $15.07/hr $31,340
Maryland $14.9/hr $30,980
West Virginia $14.41/hr $29,970
Washington $14.34/hr $29,820
Pennsylvania $14.25/hr $29,650
Alabama $14.13/hr $29,390
California $13.99/hr $29,100
South Dakota $13.84/hr $28,790
Ohio $13.75/hr $28,590
New Jersey $13.68/hr $28,460
Massachusetts $13.53/hr $28,130
Nevada $12.92/hr $26,870


Category: Firstline supervisors/managers of retail sales workers

Total # Employed in the US 1,163,040
Average Hourly Wage: $18.81/hr
Hourly Wage Range
PERCENTILE
10%25%50%75%90%
$10.43 $13.0 $16.78 $21.95 $29.04
Average Yearly Salary $39,130
Yearly Salary Range
PERCENTILE
10%25%50%75%90%
$21,690 $27,030 $34,900 $45,650 $60,400
Employment Demographics
% OF WORKERS WITH
< High School Diploma High School Diploma Some College Associate Degree Bachelor Degree Master Degree Doctoral Degree
6.7% 32.5% 27.3% 8.8% 20.7% 3.3% 0.7%
Firstline supervisors/managers of retail sales workers — WAGES BY STATE, SORTED BY SALARY
STATEAverage Hourly WageAverage Annual Salary
Oklahoma $21.99/hr $45,740
North Dakota $21.34/hr $44,380
Florida $21.11/hr $43,900
Virginia $20.93/hr $43,530
Delaware $20.86/hr $43,390
Puerto Rico $20.63/hr $42,910
Hawaii $20.44/hr $42,520
Utah $20.39/hr $42,410
Missouri $20.27/hr $42,160
District of Columbia $20.14/hr $41,890
Colorado $19.7/hr $40,970
Mississippi $19.68/hr $40,940
Connecticut $19.62/hr $40,810
Arkansas $19.52/hr $40,600
Indiana $19.5/hr $40,550
Montana $19.38/hr $40,310
Kansas $19.12/hr $39,780
West Virginia $18.95/hr $39,410
Wyoming $18.84/hr $39,200
Tennessee $18.83/hr $39,160
North Carolina $18.6/hr $38,690
Alaska $18.6/hr $38,690
New York $18.5/hr $38,480
New Mexico $18.45/hr $38,370
Kentucky $18.36/hr $38,180
New Hampshire $18.16/hr $37,780
South Carolina $18.01/hr $37,460
Michigan $18/hr $37,450
Wisconsin $17.85/hr $37,130
Washington $17.78/hr $36,980
Louisiana $17.76/hr $36,940
Oregon $17.18/hr $35,730
Idaho $17.05/hr $35,460
New Jersey $16.97/hr $35,290
Nebraska $16.95/hr $35,250
Maine $16.82/hr $34,980
Pennsylvania $16.82/hr $34,980
Guam $16.79/hr $34,930
Ohio $16.55/hr $34,430
Alabama $16.47/hr $34,250
Iowa $16.37/hr $34,040
Massachusetts $16.32/hr $33,950
Nevada $16.04/hr $33,370
Maryland $16.02/hr $33,330
South Dakota $15.79/hr $32,840
California $15.25/hr $31,720


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