Average Salary
$59,122
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
62,353
Job Openings

Business Co-Owner Careers

There is more than meets the eye when it comes to being a business co-owner. For example, did you know that they make an average of $28.42 an hour? That's $59,122 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Business Co-Owner Do

There are certain skills that many business co-owners have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed management skills, problem-solving skills and time-management skills.

When it comes to the most important skills required to be a business co-owner, we found that a lot of resumes listed 17.3% of business co-owners included customer service, while 9.0% of resumes included company website, and 8.7% of resumes included financial statements. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the business co-owner job title. But what industry to start with? Most business co-owners actually find jobs in the retail and hospitality industries.

How To Become a Business Co-Owner

If you're interested in becoming a business co-owner, one of the first things to consider is how much education you need. We've determined that 54.4% of business co-owners have a bachelor's degree. In terms of higher education levels, we found that 10.6% of business co-owners have master's degrees. Even though most business co-owners have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a business co-owner. When we researched the most common majors for a business co-owner, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on business co-owner resumes include master's degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a business co-owner. In fact, many business co-owner jobs require experience in a role such as office manager. Meanwhile, many business co-owners also have previous career experience in roles such as teacher or administrative assistant.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

Average Salary
$59,122
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
62,353
Job Openings

Business Co-Owner Career Paths

Top Careers Before Business Co-Owner

Teacher
7.2 %

Top Careers After Business Co-Owner

Business Co-Owner Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Business Co-Owner Demographics

Gender

female

54.0 %

male

40.9 %

unknown

5.1 %

Ethnicity

White

66.8 %

Hispanic or Latino

14.4 %

Black or African American

9.4 %

Foreign Languages Spoken

Spanish

39.7 %

French

14.3 %

Mandarin

9.5 %
Show More Business Co-Owner Demographics

Business Co-Owner Education

Majors

Business
35.5 %

Degrees

Bachelors

54.4 %

Associate

17.1 %

Masters

10.6 %

Top Colleges for Business Co-Owners

1. Western Carolina University

Cullowhee, NC • Private

In-State Tuition
$3,926
Enrollment
9,835

2. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

3. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

4. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

5. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

6. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

7. Bowling Green State University

Bowling Green, OH • Private

In-State Tuition
$11,105
Enrollment
13,729

8. Georgetown University

Washington, DC • Private

In-State Tuition
$54,104
Enrollment
7,089

9. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

10. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451
Show More Business Co-Owner Education Requirements

Online Courses For Business Co-Owner That You May Like

Inventory Management A-Z: Supply Chain & Business Operations
udemy
4.5
(672)

Inventory Management Basics: MBA beginners course to your optimize your Purchasing, Logistics, EOQ and Safety Stock...

Operations Management A-Z: Business Processes and Systems
udemy
4.4
(696)

Operations Management: Supply Chain & Business Processes in Industry for Manufacturing and Services Organizations...

Start Improving Customer Service
udemy
4.1
(2,025)

Creating a Customer Service advantage in Your department or business through communication and Customer Management...

See more
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Business Co-Owner

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 17.3% of business co-owners listed customer service on their resume, but soft skills such as management skills and problem-solving skills are important as well.

  • Customer Service, 17.3%
  • Company Website, 9.0%
  • Financial Statements, 8.7%
  • Business Development, 7.3%
  • Market Research, 6.0%
  • Other Skills, 51.7%
  • See All Business Co-Owner Skills

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Top Business Co-Owner Employers

1. Business.com
3.6
Avg. Salary: 
$67,077
Business Co-Owners Hired: 
3+
2. Emerald Expositions
4.3
Avg. Salary: 
$81,967
Business Co-Owners Hired: 
2+
3. Unocal
4.4
Avg. Salary: 
$91,249
Business Co-Owners Hired: 
2+
4. prism
4.2
Avg. Salary: 
$44,757
Business Co-Owners Hired: 
2+
5. Jani-King
4.6
Avg. Salary: 
$38,681
Business Co-Owners Hired: 
2+
6. Hewlett-Packard
4.8
Avg. Salary: 
$93,183
Business Co-Owners Hired: 
2+
Updated August 18, 2021