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Small Business Compensation

Are you interested in knowing what your small business owner peers pay themselves and their executive management team? Well, Inc. surveyed small business owners with less than 250 employees. They published their results in Inc. magazine’s 2011 Compensation Guide.

You will see, as expected, that compensation increases as company size grows. Unless you have stratopheric, escalating infrastructure costs, as they grow small businesses enjoy greater cash flow as their revenues and operations grow, thus allowing small business owners to draw a greate salary…and to hire and compensate their executive teams accordingly. Also, as companies grow, the depth of responsibilites grow.

So if you want to know what the official owner compensation is for small business owners, check out the 2011 Compensation Guide. It’s a lot different than the typical salary survey which includes all the Fortune 1000 and mid-sized companies.  Note: The survey does not include all the perks many owners take nor does it include distributions. The survey strictly covers small business owner salary and executive management team salaries.

 

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About Tiffany C. Wright

Hi! I,Tiffany C. Wright, am the author of the ebook, "Help! I Need Money for My Business Now!!" and the book "Solving the Capital Equation: Financing Solutions for Small Businesses", available on Amazon. I am the president of Toca Family Business Services, a short-term & project-based interim management & strategic and financial advisory firm, located in Atlanta, Georgia. In the past five years I've helped small and medium companies restructure and obtain over $31 Million in financing and a similar amount in purchase orders and contracts. I have an MBA in Finance and Entrepreneurial Management from the Wharton School of Business at the University of Pennsylvania and a B.S. in Industrial and Systems Engineering from The Ohio State University. Personal: I enjoy investing. I am a prodigious reader of everything from business books, magazines, and newspapers to horror and popular fiction. I read 4-6 books per month. I also love to travel. I've been to 33 countries on 5 continents and lived in Japan for 2.5 years and aim for a foreign locale twice a year. I am also an athlete and run track on the Master's Circuit. The highlight was placing 7th in my age group in the 2007 World Master's Track and Field Championships in Italy.

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The Resourceful CEO, Tiffany C. Wright

the president of Toca Family Business Services, a strategic and financial advisory firm which provides short-term & project-based C-level management. She is the author of Solving the Financial Equation: Financing Solutions for Small Businesses, available on Amazon.

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