Store owner, 5-9 employees, selling salary

Introduction to the profession of Store Owner with 5-9 employees

Being a store owner entails having the overall responsibility for a store's operations, staff, and finances. As a store owner with 5-9 employees, the role is particularly focused on balancing leadership with active participation in sales. This article provides an overview of salary statistics, job role, educational requirements, and key aspects to consider for those interested in working as a store owner.

Salary Statistics for Store Owners

The average salary for a store owner with 5-9 employees is 35 500 SEK. There is a noticeable difference between genders, with men earning an average of 37 600 SEK while women earn 34 300 SEK, meaning women earn 91% of what men do. The salary has increased from 35 200 SEK to 35 500 SEK since the last measurement, showing a positive but relatively small salary development.

Job Description

A store owner is responsible for leading and organizing the work in the store. This includes staff management, scheduling, sales, marketing, and often purchasing. As a store owner, you are also accountable for the store's financial performance, requiring a good understanding of budgeting and financial planning. Being hands-on entails not only handling the administrative aspects of store operations but also actively participating in daily sales and customer service.

Education and Qualifications

There are no strict formal education requirements to become a store owner, but a background in commerce, sales, or similar fields is often desirable. Many store owners have a high school education in commerce and have supplemented it with courses or higher education in business administration, leadership, or marketing. Experience in retail, especially in a leadership position, is highly advantageous.

Considerations for Aspiring Store Owners

For those considering becoming store owners, it is important to be aware of the workload and challenges that come with leading a store. Strong leadership skills, the ability to handle stress, and a keen sense of customer service and sales are required. Flexibility in working hours and the ability to quickly adapt to changing market conditions are also crucial in this role.

Benefits

Specific benefits for store owners vary depending on the employer, but it is not uncommon to receive benefits such as paid training to further develop skills in sales and leadership. Other common benefits may include a company-paid mobile phone and performance-based bonuses.