Small Business Schools
In Florence, South Carolina
The city of Florence has only one school where small business faculty can find employment. Below are statistics and other relevant data to help analyze the state of small business and small business education in Florence, which includes small business training at the small business associates degree level.
Statistics
Professional Trends
Florence Vs. South Carolina Small Business Employment
| Florence | 770 |
| South Carolina | 20,680 |
Exactly 770 of South Carolina's 20,680 small business professionals work in Florence. There has been a 35% decline in the number of small business professionals in Florence between the years 2006 and 2010. Overall employment in Florence has increased.
Florence Vs. South Carolina Small Business employment growth
| 27,900 | 28,020 | 25,870 | 23,130 | 20,680 |
| 1,190 | 1,120 | 1,000 | 870 | 770 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: South Carolina
- Dark Yellow: Florence
Small Business VS. All professions salaries in Florence
| $80,520 | $88,380 | $95,390 | $98,680 | $97,470 |
| $32,130 | $33,390 | $34,840 | $35,730 | $36,380 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Small Business in Florence
- Dark Yellow: All Professions in Florence
As the number of small business professionals in Florence has shrunk, salaries for small business professionals have increased. In 2010 Florence small business professionals earned an average yearly salary of $97,470. The average salary for small business professionals in Florence was $80,520 per year, four years earlier in 2006. The growth in the salary of small business professionals in Florence is faster than the salary trend for all careers in the city.
Salary percentiles for Small business professionals in Florence
10th percentile |
$47,230 |
25th percentile |
$63,140 |
50th percentile |
$86,400 |
75th percentile |
$115,990 |
90th percentile |
$162,010 |
Small business professionals in Florence earn a median salary of $86,400 per year. The difference in pay between the small business professionals in the lowest pay bracket and those in the highest pay bracket is approximately 243%. Those in the lowest 10% of the pay bracket earn less than $47,230 per year, while those in the highest 10% of the pay bracket earn more than $162,010 per year.
Average Salaries for Small business professionals and related professions in Florence
Hospitality |
$24,188 |
Accounting |
$36,178 |
Human Resources |
$37,430 |
Restaurant Management |
$48,540 |
Forensic Accounting |
$54,440 |
Advertising |
$55,087 |
Project Management |
$67,221 |
Finance |
$68,325 |
Management |
$76,001 |
International Business |
$85,324 |
Business Administration |
$86,970 |
Marketing |
$94,455 |
Business Management |
$94,874 |
Small Business |
$97,470 |
On average small business professional salaries in Florence are higher than salaries earned by their professional counterparts in related professions.
Educational Trends
Small Business schools in Florence
Many of Florence's small business professionals are graduates of the only accredited small business school in the city.
Small Business Programs Offered In Florence
associate |
1 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 1 |
There is one degree and certificate program in small business offered by Florence's small business school.
Student Completed Small Business Degrees In Florence
associate |
5 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 5 |
In 2010 approximately 5 students graduated from small business courses.