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Co-owner, business manager vs unit manager

The differences between co-owner, business managers and unit 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 unit manager. Additionally, a unit manager has an average salary of $60,561, 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 unit manager are quality care, patients, and federal regulations.

Co-owner, business manager vs unit manager overview

Co-Owner, Business ManagerUnit Manager
Yearly salary$45,374$60,561
Hourly rate$21.81$29.12
Growth rate6%6%
Number of jobs250,642366,932
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 52%
Average age4444
Years of experience66

Co-owner, business manager vs unit manager salary

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

Co-Owner, Business ManagerUnit Manager
Average salary$45,374$60,561
Salary rangeBetween $28,000 And $72,000Between $38,000 And $96,000
Highest paying City-Los Angeles, CA
Highest paying state-New Jersey
Best paying company-Microsoft
Best paying industry-Finance

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

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

Co-Owner, Business ManagerUnit Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 52%
Most common majorBusinessNursing
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Co-owner, business manager vs unit manager demographics

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

Co-Owner, Business ManagerUnit Manager
Average age4444
Gender ratioMale, 32.8% Female, 67.2%Male, 42.4% Female, 57.6%
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, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between co-owner, business manager and unit 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.

Unit manager example responsibilities.

  • Develop corporate culture utilizing skills attain through ERP and TQM management training.
  • Set and achieve goal of entire staff certification in ACLS and EKG interpretation.
  • Manage departmental resources, staffing plans, KPIs, strategic initiatives, and budget.
  • Enhance scheduling visibility to reduce age work-in-progress (WIP) and achieve EBIT goal.
  • Lead and manage the delivery of patient-care to a 50 patient unit in a LTC facility.
  • Achieve all major milestones in preparation for major ERP system upgrade and cultural change for organization.
    • Show more

Co-owner, business manager vs unit 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 unit manager skills
  • Quality Care, 17%
  • Patients, 10%
  • Federal Regulations, 8%
  • Resident Care, 8%
  • Customer Service, 6%
  • Compassion, 4%

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Updated January 8, 2025

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