Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between co-owners and presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a co-owner and a president. Additionally, a president has an average salary of $192,329, which is higher than the $86,704 average annual salary of a co-owner.
The top three skills for a co-owner include customer service, financial statements and business plan. The most important skills for a president are financial statements, product development, and R.
| Co-Owner | President | |
| Yearly salary | $86,704 | $192,329 |
| Hourly rate | $41.68 | $92.47 |
| Growth rate | 6% | 6% |
| Number of jobs | 52,915 | 49,413 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 71% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A co-owner is responsible for ensuring smooth business operations, searching for the best industrial opportunities to drive revenues and increase profitability. Some of the business co-owners' duties include planning activities for business promotions, monitoring current market trends, establishing a reliable workforce, developing product specifications, managing financial goals and cost estimates, strengthening marketing strategies, and keeping records of business papers and documents. A co-owner should have excellent leadership, communication, and decision-making skills to secure business growth and success.
Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.
Co-owners and presidents have different pay scales, as shown below.
| Co-Owner | President | |
| Average salary | $86,704 | $192,329 |
| Salary range | Between $63,000 And $118,000 | Between $114,000 And $323,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | UnitedHealth Group |
| Best paying industry | - | - |
There are a few differences between a co-owner and a president in terms of educational background:
| Co-Owner | President | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between co-owners' and presidents' demographics:
| Co-Owner | President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 64.5% Female, 35.5% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.8% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |