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Business co-owner vs business specialist

The differences between business co-owners and business specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business co-owner has an average salary of $82,255, which is higher than the $73,521 average annual salary of a business specialist.

The top three skills for a business co-owner include customer service, financial statements and market research. The most important skills for a business specialist are patients, customer service, and product knowledge.

Business co-owner vs business specialist overview

Business Co-OwnerBusiness Specialist
Yearly salary$82,255$73,521
Hourly rate$39.55$35.35
Growth rate6%4%
Number of jobs99,12595,909
Job satisfaction--
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 65%
Average age4744
Years of experience6-

Business co-owner vs business specialist salary

Business co-owners and business specialists have different pay scales, as shown below.

Business Co-OwnerBusiness Specialist
Average salary$82,255$73,521
Salary rangeBetween $65,000 And $103,000Between $44,000 And $120,000
Highest paying City-Seattle, WA
Highest paying state-Washington
Best paying company-BP America Inc
Best paying industry--

Differences between business co-owner and business specialist education

There are a few differences between a business co-owner and a business specialist in terms of educational background:

Business Co-OwnerBusiness Specialist
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Business co-owner vs business specialist demographics

Here are the differences between business co-owners' and business specialists' demographics:

Business Co-OwnerBusiness Specialist
Average age4744
Gender ratioMale, 43.3% Female, 56.7%Male, 48.1% Female, 51.9%
Race ratioBlack or African American, 9.3% Unknown, 5.0% Hispanic or Latino, 15.8% Asian, 6.7% White, 62.6% American Indian and Alaska Native, 0.7%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage8%11%

Differences between business co-owner and business specialist duties and responsibilities

Business co-owner example responsibilities.

  • Manage the day to day operation/financial operations of Medicare certify home health agency.
  • Procure and train for new POS system.
  • Design a business website and Facebook site to promote and interact with customers.
  • Support weekly and monthly business invoice statements using QuickBooks.
  • Provide full service general remodeling service specializing in custom windows and doors installation.
  • Maintain all record-keeping for inventory integrity, accurate financial reporting to include payroll, invoicing, account collections and tax reporting.
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Business specialist example responsibilities.

  • Manage existing accounts while identifying new sources of opportunities for sales in the SME segment through cold calling and prospecting.
  • Schedule appointments for estimates for replacement windows, doors, bathroom remodels, gutter replacements, etc.
  • Contribute to product development and roll out of multiple insulation, foam, windows & siding products.
  • Analyze weekly POS data to identify product trends, additional sales opportunities, and drive sales to exceed budgets.
  • Observe strict confidentiality within HIPAA regulations.
  • Work with electronic medical records system uploading documents into patients files.
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Business co-owner vs business specialist skills

Common business co-owner skills
  • Customer Service, 24%
  • Financial Statements, 12%
  • Market Research, 8%
  • Business Plan, 7%
  • Business Operations, 4%
  • Business Management, 4%
Common business specialist skills
  • Patients, 16%
  • Customer Service, 14%
  • Product Knowledge, 7%
  • Power Bi, 7%
  • Data Analysis, 4%
  • Treasury, 4%

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