Home > Salary > Colombia > Small Business Owner
A small business owner is an individual who operates and manages a business on a small scale. They are responsible for all aspects of the business, including planning, organizing, and overseeing daily operations. This occupation requires a diverse skill set as small business owners often wear multiple hats and handle various tasks such as marketing, finance, human resources, and customer service. They must possess strong leadership and decision-making skills to effectively manage their team and make strategic business decisions. Small business owners must also be adaptable and able to navigate challenges and uncertainties that arise in the dynamic business environment. Overall, this occupation demands a high level of dedication, hard work, and entrepreneurial spirit.
Estimated Yearly Salary: 35,349,360 COP
Estimated Monthly Salary: 2,945,780 COP
Estimated Weekly Salary: 679,795 COP per week
Estimated Hourly Salary: 16,995 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,855,601 COP
Estimated Weekly Salary: 658,985 COP per week
Estimated Hourly Salary: 16,475 COP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,885 USD
Estimated Monthly Salary: 657 USD
Estimated Weekly Salary: 152 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 35,349,360 COP
Estimated Monthly Salary: 2,945,780 COP
Estimated Weekly Salary: 679,795 COP per week
Estimated Hourly Salary: 16,995 COP per hour
By working as Small Business Owner a person can save up to 397 USD per month or 4,760 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Small Business Owner
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Radiology technician (19,051,406 COP per year, pre-tax.)
General manager 1 (43,001,391 COP per year, pre-tax.)
Production coordinator manufacturing (22,095,648 COP per year, pre-tax.)
Data center (36,382,320 COP per year, pre-tax.)
Mammalogist (40,639,261 COP per year, pre-tax.)
Small Business Owner salary in Colombia
Average Yearly Salary of Small Business Owner in Colombia is approximately 35,349,360 COP (7,885 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Small Business Owner do?
A small business owner is an individual who operates and manages a business on a small scale. They are responsible for all aspects of the business, including planning, organizing, and overseeing daily operations. This occupation requires a diverse skill set as small business owners often wear multiple hats and handle various tasks such as marketing, finance, human resources, and customer service. They must possess strong leadership and decision-making skills to effectively manage their team and make strategic business decisions. Small business owners must also be adaptable and able to navigate challenges and uncertainties that arise in the dynamic business environment. Overall, this occupation demands a high level of dedication, hard work, and entrepreneurial spirit.
Skills: Small Business Owner, Entrepreneur, Manager, Leadership, Decision-making, Adaptability
Job industry: Entrepreneurship
Job industry: Entrepreneurship
How much does Small Business Owner make?
Salary details
How much does Small Business Owner make?Estimated Yearly Salary: 35,349,360 COP
Estimated Monthly Salary: 2,945,780 COP
Estimated Weekly Salary: 679,795 COP per week
Estimated Hourly Salary: 16,995 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 34,267,209 COPEstimated Monthly Salary: 2,855,601 COP
Estimated Weekly Salary: 658,985 COP per week
Estimated Hourly Salary: 16,475 COP per hour
Last revision of data: 2024-01-03Small Business Owner estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,885 USD
Estimated Monthly Salary: 657 USD
Estimated Weekly Salary: 152 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Small Business Owner job salary compared to average salary in Colombia.
Comparison shows that a person working as Small Business Owner in Colombia earns on average:
1.31 times the average salary (or 131% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Small Business Owner job salary compared to average salary in Colombia.
Comparison shows that a person working as Small Business Owner in Colombia earns on average:
1.31 times the average salary (or 131% of average salary).
Is Small Business Owner a well paid job?
Yes, our data shows that Small Business Owner is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Small Business Owner?
High salary for Small Business Owner would be somewhere between 38,884,296 COP and 51,256,572 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Small Business Owner in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 35,349,360 COP
Estimated Monthly Salary: 2,945,780 COP
Estimated Weekly Salary: 679,795 COP per week
Estimated Hourly Salary: 16,995 COP per hour
By working as Small Business Owner a person can save up to 397 USD per month or 4,760 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Small Business Owner
Ecuador is 7,622 USD
Brazil is 9,801 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Radiology technician (19,051,406 COP per year, pre-tax.)
General manager 1 (43,001,391 COP per year, pre-tax.)
Production coordinator manufacturing (22,095,648 COP per year, pre-tax.)
Data center (36,382,320 COP per year, pre-tax.)
Mammalogist (40,639,261 COP per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=colombia&job=small-business-owner'><img src='https://optisalary.com/wp-content/graphs/salary/small-business-owner-salary-in-colombia-2025.jpg' alt='small business owner salary in colombia 2025' title='small business owner salary in colombia 2025' /></a>
Please note:The salary data presented here are intended for reference purposes only.
The salary estimates on optisalary.com are meant for informational use only. We compile salary data from multiple providers, but do not ensure complete precision. Users should independently verify salaries before making financial decisions. Salary variations occur due to industry standards, demand shifts, and location. We disclaim any warranty regarding the validity of the provided salary data. By accessing this site, you agree that salary data is subject to updates.
Salary information displayed on this site is informational exclusively. Our figures come from various sources, but we cannot guarantee their accuracy. Users must always verify salary details with additional resources before making job-related commitments. Salaries differ due to economic trends, job location, and negotiation skills. We cannot offer any warranties about the validity of the provided salary data. By continuing to use this site, you acknowledge these limitations.