Co-owner/operator vs managing partner

The differences between co-owner/operators and managing partners 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/operator and a managing partner. Additionally, a managing partner has an average salary of $147,401, which is higher than the $32,256 average annual salary of a co-owner/operator.

The top three skills for a co-owner/operator include co-op, patients and data analysis. The most important skills for a managing partner are food handling, cleanliness, and customer service.

Co-owner/operator vs managing partner overview

	Co-Owner/Operator	Managing Partner
Yearly salary	$32,256	$147,401
Hourly rate	$15.51	$70.87
Growth rate	6%	6%
Number of jobs	95,615	66,916
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	6	6

What does a co-owner/operator do?

A co-owner/operator is responsible for delivering goods and services for the companies using their trucks and vehicles. Co-owner/operators ensure timely merchandise deliveries, check the quantity and quality of the cargo, and follow routes accordingly. They also inspect vehicle conditions, identify any inconsistencies, and perform troubleshooting for malfunction for immediate repair or replacement of components to prevent deliveries delays. A co-owner/operator must have clean driving records, adhering to the road's safety regulations.

What does a managing partner do?

The primary role of managing partners is to manage a company's day-to-day operations and provide overall strategic and administrative decisions. They have to maintain positive client relations and consult and collaborate with other employees, executives, and board members. They are also responsible for overseeing recruitment activities, determining improvement gaps, and administering corrective measures. To be qualified for this position, one should have a degree in business administration or a related field, excellent leadership and communication skills, and a healthy analytical and strategic mindset.

Co-owner/operator vs managing partner salary

Co-owner/operators and managing partners have different pay scales, as shown below.

	Co-Owner/Operator	Managing Partner
Average salary	$32,256	$147,401
Salary range	Between $21,000 And $49,000	Between $83,000 And $259,000
Highest paying City	Rahway, NJ	New York, NY
Highest paying state	New York	New York
Best paying company	BorgWarner	Gartner
Best paying industry	Technology	Construction

Differences between co-owner/operator and managing partner education

There are a few differences between a co-owner/operator and a managing partner in terms of educational background:

	Co-Owner/Operator	Managing Partner
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Co-owner/operator vs managing partner demographics

Here are the differences between co-owner/operators' and managing partners' demographics:

	Co-Owner/Operator	Managing Partner
Average age	44	44
Gender ratio	Male, 58.4% Female, 41.6%	Male, 79.0% Female, 21.0%
Race ratio	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.4% White, 67.6% American Indian and Alaska Native, 0.5%	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between co-owner/operator and managing partner duties and responsibilities

Co-owner/operator example responsibilities.

Manage shipping and warehousing for the entire U.S., as well as A/R & A/P.
Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
Perform renovations and finishing work, roof work, windows, siding and much more.
Developed/Maintain Facebook page for marketing/advertising.
Developed/Maintain Facebook page for marketing/advertising.

Managing partner example responsibilities.

Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
Create and develop internet presence via website and FaceBook.

Co-owner/operator vs managing partner skills

Common co-owner/operator skills

Co-Op, 35%
Patients, 10%
Data Analysis, 7%
PowerPoint, 6%
Python, 4%
C++, 3%

Common managing partner skills

Food Handling, 20%
Cleanliness, 18%
Customer Service, 9%
Financial Statements, 5%
Regulatory Compliance, 4%
POS, 4%

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Executive Management Industry
Co-Owner/Operator
Co-Owner/Operator vs Managing Partner

Updated January 8, 2025

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