Co-owner, business manager vs manager

The differences between co-owner, business managers and 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 manager. Additionally, a manager has an average salary of $58,651, 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 manager are customer service, payroll, and food safety.

Co-owner, business manager vs manager overview

	Co-Owner, Business Manager	Manager
Yearly salary	$45,374	$58,651
Hourly rate	$21.81	$28.20
Growth rate	6%	6%
Number of jobs	250,642	1,236,194
Job satisfaction	-	4.57
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 49%
Average age	44	44
Years of experience	6	6

Co-owner, business manager vs manager salary

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

	Co-Owner, Business Manager	Manager
Average salary	$45,374	$58,651
Salary range	Between $28,000 And $72,000	Between $37,000 And $92,000
Highest paying City	-	-
Highest paying state	-	New Jersey
Best paying company	-	-
Best paying industry	-	Finance

Differences between co-owner, business manager and manager education

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

	Co-Owner, Business Manager	Manager
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 49%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Co-owner, business manager vs manager demographics

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

	Co-Owner, Business Manager	Manager
Average age	44	44
Gender ratio	Male, 32.8% Female, 67.2%	Male, 51.0% Female, 49.0%
Race ratio	Black 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, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between co-owner, business manager and 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.

Manager example responsibilities.

Manage both BOH and FOH operations exceeding company specifications.
Manage logistics and security for high net worth individuals and corporations.
Manage budgets and payroll records, review financial transactions to assure expenditures are authorize and budget.
Guide and manage the administrative day-to-day academic program and the implementation of strategies by providing leadership to faculty and staff.
Provide leadership and direction to facility management and program owners while motivating and interacting with employees to achieve continuous improvement.
Customer-Orient with experience with POS systems, food preparation and safety regulations.

Co-owner, business manager vs 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 manager skills

Customer Service, 19%
Payroll, 9%
Food Safety, 8%
Financial Statements, 4%
Management, 4%
PowerPoint, 4%