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The differences between franchise managers and lead 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 lead manager. Additionally, a lead manager has an average salary of $101,883, 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 lead manager are safety procedures, sales floor, and gross margin.
| Franchise Manager | Lead Manager | |
| Yearly salary | $74,597 | $101,883 |
| Hourly rate | $35.86 | $48.98 |
| Growth rate | 6% | 6% |
| Number of jobs | 244,362 | 385,395 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 52% |
| 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 lead manager is primarily in charge of overseeing the progress of a particular office or department. Although the responsibilities will vary depending on their industry, it will typically revolve around producing progress reports, reviewing documentation and transactions, managing the budget, procuring supplies, and devising strategies to generate leads and reach goals faster. Furthermore, as a lead manager, it is essential to spearhead projects and encourage staff, all while implementing the company's policies and regulations.
Franchise managers and lead managers have different pay scales, as shown below.
| Franchise Manager | Lead Manager | |
| Average salary | $74,597 | $101,883 |
| Salary range | Between $43,000 And $128,000 | Between $73,000 And $140,000 |
| Highest paying City | Parsippany-Troy Hills, NJ | New York, NY |
| Highest paying state | New Jersey | Alaska |
| Best paying company | AstraZeneca | Trulia |
| Best paying industry | Professional | Retail |
There are a few differences between a franchise manager and a lead manager in terms of educational background:
| Franchise Manager | Lead Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between franchise managers' and lead managers' demographics:
| Franchise Manager | Lead Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 54.2% Female, 45.8% |
| 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, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |