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
| STATE | Average Hourly Wage | Average 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
| STATE | Average Hourly Wage | Average 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
| STATE | Average Hourly Wage | Average 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
| STATE | Average Hourly Wage | Average 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
| STATE | Average Hourly Wage | Average 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
| STATE | Average Hourly Wage | Average 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
|