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Business owner/operator vs managing partner

The differences between business owner/operators and managing partners 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 managing partner. Additionally, a managing partner has an average salary of $147,401, which is higher than the $33,361 average annual salary of a business owner/operator.

The top three skills for a business owner/operator include customer service, payroll and financial statements. The most important skills for a managing partner are food handling, cleanliness, and customer service.

Business owner/operator vs managing partner overview

Business Owner/OperatorManaging Partner
Yearly salary$33,361$147,401
Hourly rate$16.04$70.87
Growth rate6%6%
Number of jobs144,62266,916
Job satisfaction--
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 67%
Average age4444
Years of experience66

Business owner/operator vs managing partner salary

Business owner/operators and managing partners have different pay scales, as shown below.

Business Owner/OperatorManaging Partner
Average salary$33,361$147,401
Salary rangeBetween $20,000 And $53,000Between $83,000 And $259,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Gartner
Best paying industry-Construction

Differences between business owner/operator and managing partner education

There are a few differences between a business owner/operator and a managing partner in terms of educational background:

Business Owner/OperatorManaging Partner
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Business owner/operator vs managing partner demographics

Here are the differences between business owner/operators' and managing partners' demographics:

Business Owner/OperatorManaging Partner
Average age4444
Gender ratioMale, 59.0% Female, 41.0%Male, 79.0% Female, 21.0%
Race ratioBlack 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, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between business owner/operator and managing partner duties and responsibilities

Business owner/operator example responsibilities.

  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
  • Provide installation of siding and windows.
  • Receive and close payments on all paid invoices, through QuickBooks.
  • Certify and license LLC business owner and operator in accordance with Ohio regulations.
  • Set up all business functions including the website, bookkeeping, insurance, LLC, advertising, etc.
  • Install doors, windows, siding, showers, vanities toilets, ceramic and laminate flooring, cabinets and trim.
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Managing partner example responsibilities.

  • Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
  • Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
  • Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
  • Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
  • Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
  • Create and develop internet presence via website and FaceBook.
  • Show more

Business owner/operator vs managing partner skills

Common business owner/operator skills
  • Customer Service, 36%
  • Payroll, 14%
  • Financial Statements, 9%
  • Residential Properties, 4%
  • Business Operations, 3%
  • Windows, 3%
Common managing partner skills
  • Food Handling, 20%
  • Cleanliness, 18%
  • Customer Service, 9%
  • Financial Statements, 5%
  • Regulatory Compliance, 4%
  • POS, 4%

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