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Co-owner, business manager vs assistant business manager

The differences between co-owner, business managers and assistant business managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a co-owner, business manager and an assistant business manager. Additionally, an assistant business manager has an average salary of $74,300, which is higher than the $45,374 average annual salary of a co-owner, business manager.

The top three skills for a co-owner, business manager include customer service, financial statements and business plan. The most important skills for an assistant business manager are customer service, yardi, and market research.

Co-owner, business manager vs assistant business manager overview

Co-Owner, Business ManagerAssistant Business Manager
Yearly salary$45,374$74,300
Hourly rate$21.81$35.72
Growth rate6%6%
Number of jobs250,642342,778
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 62%
Average age4444
Years of experience66

Co-owner, business manager vs assistant business manager salary

Co-owner, business managers and assistant business managers have different pay scales, as shown below.

Co-Owner, Business ManagerAssistant Business Manager
Average salary$45,374$74,300
Salary rangeBetween $28,000 And $72,000Between $51,000 And $107,000
Highest paying City-Bremerton, WA
Highest paying state-New York
Best paying company-HSBC Bank
Best paying industry-Retail

Differences between co-owner, business manager and assistant business manager education

There are a few differences between a co-owner, business manager and an assistant business manager in terms of educational background:

Co-Owner, Business ManagerAssistant Business Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Co-owner, business manager vs assistant business manager demographics

Here are the differences between co-owner, business managers' and assistant business managers' demographics:

Co-Owner, Business ManagerAssistant Business Manager
Average age4444
Gender ratioMale, 32.8% Female, 67.2%Male, 33.2% Female, 66.8%
Race ratioBlack or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5%Black or African American, 6.3% 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 co-owner, business manager and assistant business manager duties and responsibilities

Co-owner, business manager example responsibilities.

  • Manage complete operation of the HVAC and refrigeration service company
  • Implement and maintain Quickbooks for accounting, reports and point of sale.
  • Maintain all record-keeping for inventory integrity, accurate financial reporting to include payroll, invoicing, account collections and tax reporting.
  • Create and manage a free subscription, advertising- base facsimile publication and franchising system.

Assistant business manager example responsibilities.

  • Manage advertising commission and payroll.
  • Manage a portfolio of inpatient and outpatient products market to major academic medical centers, community hospitals and nursing homes.
  • Complete billing for all accounts receivable functions for private, insurance, Medicare, Medicaid and other payers as required.
  • Assist clients with faxes, copies, printouts, internet connections & Fedex services.
  • Attend weekly CRM meetings with the digital operations team to track online ad campaign performance.
  • Fulfill customer shipping needs using FedEx systems of packaging or designing custom packaging to fit client needs.
  • Show more

Co-owner, business manager vs assistant business manager skills

Common co-owner, business manager skills
  • Customer Service, 30%
  • Financial Statements, 16%
  • Business Plan, 5%
  • QuickBooks, 4%
  • Human Resources, 3%
  • Business Management, 3%
Common assistant business manager skills
  • Customer Service, 26%
  • Yardi, 15%
  • Market Research, 15%
  • Sales Associates, 12%
  • Resident Functions, 3%
  • Process Payroll, 3%

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