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The differences between franchise managers and business 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 franchise manager and a business manager. Additionally, a business manager has an average salary of $83,198, which is higher than the $74,597 average annual salary of a franchise manager.
The top three skills for a franchise manager include customer service, business development and powerpoint. The most important skills for a business manager are customer service, powerpoint, and project management.
| Franchise Manager | Business Manager | |
| Yearly salary | $74,597 | $83,198 |
| Hourly rate | $35.86 | $40.00 |
| Growth rate | 6% | 6% |
| Number of jobs | 244,362 | 377,191 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 65% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
The franchise manager will be responsible for managing and planning the franchising business of the company. They will be accountable for developing franchising opportunities and for offering constant support to franchisees to ensure the total success of the business franchisor and franchisee. They make marketing strategy opportunities for franchisors to attract newer franchisees, research potential markets, and screen potential franchisees by analyzing investment requirements and financial statements. Moreover, they also develop budget plans for franchise development and closely monitor and ensure that budgets are met.
A business manager is responsible for directing the overall operations of the company, ensuring that all employees do their tasks efficiently and accurately. Business managers' duties include developing strategic solutions, evaluating employees' performance, identifying business opportunities to grow, monitoring the company's expenses to meet its budget goals, implementing techniques to boost the company's revenue and profitability, and adhering to the company's legal policies and procedures. A business manager must have excellent leadership and interpersonal skills to supervise daily operations.
Franchise managers and business managers have different pay scales, as shown below.
| Franchise Manager | Business Manager | |
| Average salary | $74,597 | $83,198 |
| Salary range | Between $43,000 And $128,000 | Between $47,000 And $145,000 |
| Highest paying City | Parsippany-Troy Hills, NJ | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | AstraZeneca | The Citadel |
| Best paying industry | Professional | Technology |
There are a few differences between a franchise manager and a business manager in terms of educational background:
| Franchise Manager | Business Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between franchise managers' and business managers' demographics:
| Franchise Manager | Business Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 43.2% Female, 56.8% |
| Race ratio | 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% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |