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Co-owner, business manager vs owner/manager

The differences between co-owner, business managers and owner/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 owner/manager. Additionally, an owner/manager has an average salary of $75,822, 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/manager are financial statements, inventory control, and customer service.

Co-owner, business manager vs owner/manager overview

Co-Owner, Business ManagerOwner/Manager
Yearly salary$45,374$75,822
Hourly rate$21.81$36.45
Growth rate6%6%
Number of jobs250,642303,790
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 53%
Average age4444
Years of experience66

Co-owner, business manager vs owner/manager salary

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

Co-Owner, Business ManagerOwner/Manager
Average salary$45,374$75,822
Salary rangeBetween $28,000 And $72,000Between $44,000 And $129,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

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

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

Co-Owner, Business ManagerOwner/Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Co-owner, business manager vs owner/manager demographics

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

Co-Owner, Business ManagerOwner/Manager
Average age4444
Gender ratioMale, 32.8% Female, 67.2%Male, 59.0% Female, 41.0%
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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between co-owner, business manager and owner/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.

Owner/manager example responsibilities.

  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
  • Cultivate relationship through social media with younger customers via a regularly-update Facebook account.
  • Develop and execute operational strategies for internal processes and expand business via SEO.
  • Establish an exceptional lawn maintenance business specializing in lawn mowing and offering basic landscaping services.
  • Execute takeover of turnkey business -maintain financial records in QuickBooks including payroll, invoicing and reconciliation.
  • Developed/Maintain Facebook page for marketing/advertising.
  • Show more

Co-owner, business manager vs owner/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 owner/manager skills
  • Financial Statements, 19%
  • Inventory Control, 7%
  • Customer Service, 7%
  • Business Plan, 5%
  • Human Resources, 4%
  • Real Estate, 4%

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