Business Owner Salary

The average salary for a Business Owner in the UK is:

£53,200

Job profile for a Business Owner

manage and run my own business

- Business Owner Job Profile

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Business Owner Salary Comparison

In 2008, the average salary for this job was £50,000.

The average salary in 2011 was £46,500, based on 4 respondents (a difference of 0% from the 2010 figure.

The median salary for a Business Owner based on all salary survey responses is: £60,000

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About the Salary Survey Data in this survey is based on over 368,000 individual salary records. The date period for which job information was gathered varies, but is usually between 2008 - 2012. For precise date related information, custom reports may be ordered with greater granularity. Working 8 hours a day, 250 days of the year, the data suggests the hourly rate for Business Owner is £26.6.


Business Owner Salary By UK Region

These figures use non-job specific statistical weighting from our salary data pool and also include for comparison the salaries for a Business Owner job in US Dollars based on a recent exchante rate (last rate update 02/05/2013 with a pound to dollar exchange rate 1.56) for comparisons for our international visitors
Salary US Dollars Region
£46816 $73032.96 North West
£57989 $90462.84 London
£42560 $66393.6 Yorkshire and North East
£46284 $72203.04 South West
£54796 $85481.76 South East
£45220 $70543.2 Scotland
£47880 $74692.8 Northern Ireland
£44688 $69713.28 Wales
£49476 $77182.56 Midlands
£44156 $68883.36 East of England

With regard to age and impact on salary for a Business Owner, a statistical average weighting (that is based on how salary varies by age and not for a specific job which may vary considerably) suggests these figures: £39,900 for a worker in their 20s, £52,136 (30s), £61,712 (40s) and £61,712 (50s).
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Information on using the salary data and granularity
The average salary figure above for a Business Owner is considered to be a good representation across the UK market due to a good number of respondents who had this job title.

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