Co-owner, business manager vs general manager

Differences between co-owner, business manager and general 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.

General manager example responsibilities.

• Generate positive EBITDA and improve cash flow by managing costs and inventory.
• Manage all recruiting and training efforts, and develop systems to track ROI comparison results.
• Work as a FOH AGM and train to manage all staff functions including training, hiring, food and labor controls.
• Develop yearly budget for multiple hotels that include revenue, labor, fix and variable costs to achieve overall EBITDA goal.
• Task primarily with building logistics infrastructure, managing operational expenses, and supporting start up strategies.
• Train and manage FOH staff and improve overall quality, organization and professionalism of restaurant and bakery.
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