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Co-owner, business manager vs business manager

The differences between co-owner, business managers and 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 a business manager. Additionally, a business manager has an average salary of $83,198, 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 a business manager are customer service, powerpoint, and project management.

Co-owner, business manager vs business manager overview

Co-Owner, Business ManagerBusiness Manager
Yearly salary$45,374$83,198
Hourly rate$21.81$40.00
Growth rate6%6%
Number of jobs250,642377,191
Job satisfaction-5
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 65%
Average age4444
Years of experience66

Co-owner, business manager vs business manager salary

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

Co-Owner, Business ManagerBusiness Manager
Average salary$45,374$83,198
Salary rangeBetween $28,000 And $72,000Between $47,000 And $145,000
Highest paying City-Seattle, WA
Highest paying state-Washington
Best paying company-The Citadel
Best paying industry-Technology

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

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

Co-Owner, Business ManagerBusiness Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Co-owner, business manager vs business manager demographics

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

Co-Owner, Business ManagerBusiness Manager
Average age4444
Gender ratioMale, 32.8% Female, 67.2%Male, 43.2% Female, 56.8%
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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between co-owner, business manager and 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.

Business manager example responsibilities.

  • Coordinate and manage hvac projects from estimate to invoice.
  • Manage accounting, treasury, and process improvement initiatives to effect financial turnaround of CMRO business unit.
  • Manage and supervise firm operations on a daily basis including purchases, accounting, scheduling of vendors, attorney and CPA.
  • Create solutions in the areas of invoicing, AR reporting and payment methods that lead to system improvements and streamline processes.
  • Manage all human resource activities, operational processes and financial oversight.
  • Develop internal operating procedures design to achieve efficient clinic operations and maximum service to patients.
  • Show more

Co-owner, business manager vs 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 business manager skills
  • Customer Service, 21%
  • PowerPoint, 7%
  • Project Management, 6%
  • Human Resources, 6%
  • Payroll Taxes, 5%
  • Business Plan, 4%

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