Co-owner, business manager vs owner

The differences between co-owner, business managers and owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a co-owner, business manager, becoming an owner takes usually requires More than 10 years. Additionally, an owner has an average salary of $90,334, 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 owner are customer service, payroll, and financial statements.

Co-owner, business manager vs owner overview

	Co-Owner, Business Manager	Owner
Yearly salary	$45,374	$90,334
Hourly rate	$21.81	$43.43
Growth rate	6%	6%
Number of jobs	250,642	86,486
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 52%
Average age	44	52
Years of experience	6	-

Co-owner, business manager vs owner salary

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

	Co-Owner, Business Manager	Owner
Average salary	$45,374	$90,334
Salary range	Between $28,000 And $72,000	Between $60,000 And $135,000
Highest paying City	-	New York, NY
Highest paying state	-	New Jersey
Best paying company	-	BP America Inc
Best paying industry	-	-

Differences between co-owner, business manager and owner education

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

	Co-Owner, Business Manager	Owner
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 52%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Co-owner, business manager vs owner demographics

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

	Co-Owner, Business Manager	Owner
Average age	44	52
Gender ratio	Male, 32.8% Female, 67.2%	Male, 63.1% Female, 36.9%
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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	10%	12%

Differences between co-owner, business manager and owner 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.

Owner example responsibilities.

Manage web content and a PHP / MySQL application.
Create and develop a website to help clients easily manage their instagram account to gain exposure.
Execute all social media marketing and manage the company Facebook page/campaigns.
Manage human resource functions by generating payroll, scheduling and upholding company policies.
License Maryland home improvement contractor managing a small home improvement business that specializes in doors and windows.
Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.

Co-owner, business manager vs owner 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 owner skills

Customer Service, 25%
Payroll, 17%
Financial Statements, 8%
Product Development, 7%
Real Estate, 3%
Business Development, 3%