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Co-owner, business manager skills for your resume and career

Updated January 8, 2025

3 min read

Quoted experts

Dr. Timothy Edwards,

Aldo Musacchio Ph.D.

Below we've compiled a list of the most critical co-owner, business manager skills. We ranked the top skills for co-owner, business managers based on the percentage of resumes they appeared on. For example, 30.2% of co-owner, business manager resumes contained customer service as a skill. Continue reading to find out what skills a co-owner, business manager needs to be successful in the workplace.

15 co-owner, business manager skills for your resume and career

1. Customer Service

Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.

Here's how co-owner, business managers use customer service:

Generated new, and retained existing business by utilizing effective selling techniques and by providing premium customer service.
Provided salon services and served as business receptionist providing front line customer service.

2. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how co-owner, business managers use financial statements:

Prepare financial records; maintain monthly and annual financial statements; assist with tax preparation.
Prepared all financial statements, general ledger, A/R, A/P, payroll.

3. Business Plan

Here's how co-owner, business managers use business plan:

Managed multiple projects involved in business development including prioritizing, business planning, budgeting, data audits, and financial reporting.
Conducted feasibility study, developed business plan and obtained institutional financing.

4. QuickBooks

Here's how co-owner, business managers use quickbooks:

Create financial and operational reports leveraging skills in MS Office and QuickBooks software applications.
Conducted all the accounting and HR needs including Quickbooks and stylist contracts.

5. Human Resources

Human resources is a set of people in a business or a corporation that are designated to locate, interview, and recruit new employees into the company. They are also responsible to maintain the integrity of the employees and help them sort their problems out. They try to introduce and manage employee-benefit programs.

Here's how co-owner, business managers use human resources:

Managed and executed all aspects of: payroll; invoices; collections; logistics; inventory control; and human resources.
Managed day-to-day business operations in including accounting, inventory control, human resources, relationship building with key stakeholders.

6. Business Management

Business management refers to a subject where coordination of all spheres of an organization's operations by planning comes into existence. It majorly concerns with issues about income and other factors such as the profitability of the business.

Here's how co-owner, business managers use business management:

Involved in all phases of start-up operations, marketing and business management taking the company from -0- to over $500,000.
Performed all business management and marketing duties of the practice, including training sessions for both patients and other physicians.

7. Event Planning

Here's how co-owner, business managers use event planning:

Contract small businesses for administrative work including reporting, correspondence, communications, financial organization, event planning and presentation preparation.
Owned and operated an international consulting corporation which provided meeting, convention, and event planning for organizations and individuals worldwide.

8. PowerPoint

Here's how co-owner, business managers use powerpoint:

Performed general data entry using PowerPoint, Microsoft Excel and word Send out calls and/or correspondence to customers in arrears.
Performed market research analysis/comparison/trends/consultation for current and prospective clients /weekly PowerPoint presentations Accomplishments/Rewards.

9. Business Development

Business development is the ideas or initiatives that work to make business work better. Selling, advertising, product development, supply chain management, and vendor management are only a few of the divisions involved with it. There is still a lot of networking, negotiating, forming alliances, and trying to save money. The goals set for business development guide and coordinate with all of these various operations and sectors.

Here's how co-owner, business managers use business development:

Facilitated day-to-day operations, marketing / promotional campaigns, and business development initiatives on behalf of a boutique optical establishment.
Assist with business development proposals as needed.Achievements* Established and then continuously stream-lined all business processes to build a profitable small business.

10. Vendor Relations

Here's how co-owner, business managers use vendor relations:

Established and built vendor relations developing company credit lines.
Hired, scheduled and supervised staff* Developed and maintained vendor relations* Purchased and maintained inventory* Managed daily cash flow and budgeting

11. Office Operations

Here's how co-owner, business managers use office operations:

Manage daily office operations and maintenance of equipment, maintaining accurate records for all business supplies.

12. Inventory Control

Here's how co-owner, business managers use inventory control:

Inventory Control for 500 products.
Analyzed inventory level using stochastic inventory control model and identified inventory reduction opportunity

13. Credit Card

A type of card issued by banks and other financial institutions, that enable users to manage and borrow their finances is called a credit card. The funds borrowed from a financial institution through a credit card are meant to be paid back along with certain amounts of interest imposed by the bank.

Here's how co-owner, business managers use credit card:

Negotiate all financing facilities (e.g., loans, lines of credit, credit cards) with banking institutions.
Trained all new employees on the bar, waiting on tables and processing credit card transactions.

14. Bank Deposits

Any money that a customer chooses to leave with their bank account is a deposit. Deposits can vary in amounts and different banks have limits on the deposits their customers can have as a minimum. Banks charge customers for deposits especially when a teller is used by the customer to deposit money into their account.

Here's how co-owner, business managers use bank deposits:

Assisted with cashiering and prepared bank deposits.
Full management responsibility including Customer Service, General Accounting Functions, Inventory Management, Cash Receipt, Bank Deposits and Reconciliation.

15. A/P

A/P stands for Accounts Payable. It refers to the money owed to other individuals or businesses for products or services purchased on credit. Accounts payable is mentioned under the current liabilities section of a balance sheet.

Here's how co-owner, business managers use a/p:

Ensured proper accounting of in regulatory and management reporting, new A/P processes and integrated insurance broker subsidiary.
Handled all the accounting duties of a business, to include A/R, A/P, G/L, and Payroll including taxes.

What skills help Co-Owner, Business Managers find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What skills stand out on co-owner, business manager resumes?

Dr. Timothy Edwards

Professor, Interim Director, University of Arkansas at Little Rock

Writing and research skills. Analytical and critical thinking skills. Technical skills such as web design, graphic design, audio and video production skills. Employers are interested in potential employees knowledge, intelligence and skills.

What soft skills should all co-owner, business managers possess?

Aldo Musacchio Ph.D.

Professor, Program Director of the MBA, Brandeis University

When we talk to employers, they usually tell you they want students who know how to listen and drive. They want someone who is going to be happy to be in the company, who is going to participate actively in meetings and teams, and who is going to be good at listening and the following guidance.

What hard/technical skills are most important for co-owner, business managers?

Aldo Musacchio Ph.D.

Professor, Program Director of the MBA, Brandeis University

Lately, employers appreciate software skills to manipulate data, like some knowledge of Python or R, and information visualization software like Tableau. Many companies have their databases in SQL format, and having the capacity to work with it is key. Interestingly, digital marketing and social media skills also get a lot of traction as many employers do not know how to keep and manage a presence in social media, especially in Instagram, and may not be as good as students using tools like Google Analytics.

What co-owner, business manager skills would you recommend for someone trying to advance their career?

Nina Woodard

Senior Career Development Specialist, Belmont University

For entertainment, digital marketing and content creation skills are critical. Even if a role isn't specifically connected to digital marketing, social media is almost always involved in most entry-level roles. We strongly encourage students and recent graduates to learn basic graphic design platforms, video editing and audio editing. Learning how to maximize impact on social media platforms such as YouTube, Instagram or TikTok is also a worthy investment of time. There's a wide range of self-paced training resources online, many available for free or at reduced costs for students.

What type of skills will young co-owner, business managers need?

Randy Myer

Professor of the Practice, University of North Carolina

Communication skills, like those of a good salesperson, are first and foremost. You have to sell yourself, if you are going to get the job, and then convince others that you are worth moving to the next level in your dreams.

Do you want to know more?

List of co-owner, business manager skills to add to your resume

The most important skills for a co-owner, business manager resume and required skills for a co-owner, business manager to have include:

Customer Service
Financial Statements
Business Plan
QuickBooks
Human Resources
Business Management
Event Planning
PowerPoint
Business Development

Vendor Relations
Office Operations
Inventory Control
Credit Card
Bank Deposits
A/P
Property Management
LLC
Office Management

Sales Tax
Client Satisfaction
Customer Relations
Trade Shows
Facebook
Inventory Management
Business Cards
HVAC

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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