What is the average income of a SME business owner with Turnover 1m?

The average income of a small and medium-sized enterprise (SME) business owner with a turnover of around £1 million can vary widely depending on the industry, location, and specific business circumstances. Generally, business owners might take home a salary ranging from £50,000 to £100,000, but this can be influenced by factors such as operating costs, profit margins, and reinvestment in the business. Additionally, some owners may choose to draw less in salary to prioritize business growth.