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The differences between business owner/operators and co-owner/operators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business owner/operator and a co-owner/operator. Additionally, a business owner/operator has an average salary of $33,361, which is higher than the $32,256 average annual salary of a co-owner/operator.
The top three skills for a business owner/operator include customer service, payroll and financial statements. The most important skills for a co-owner/operator are co-op, patients, and data analysis.
| Business Owner/Operator | Co-Owner/Operator | |
| Yearly salary | $33,361 | $32,256 |
| Hourly rate | $16.04 | $15.51 |
| Growth rate | 6% | 6% |
| Number of jobs | 144,622 | 95,615 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 60% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
Business owner/operators and co-owner/operators have different pay scales, as shown below.
| Business Owner/Operator | Co-Owner/Operator | |
| Average salary | $33,361 | $32,256 |
| Salary range | Between $20,000 And $53,000 | Between $21,000 And $49,000 |
| Highest paying City | - | Rahway, NJ |
| Highest paying state | - | New York |
| Best paying company | - | BorgWarner |
| Best paying industry | - | Technology |
There are a few differences between a business owner/operator and a co-owner/operator in terms of educational background:
| Business Owner/Operator | Co-Owner/Operator | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business owner/operators' and co-owner/operators' demographics:
| Business Owner/Operator | Co-Owner/Operator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.0% Female, 41.0% | Male, 58.4% Female, 41.6% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.4% White, 67.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |