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The differences between franchise managers and store 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 store manager. Additionally, a franchise manager has an average salary of $74,597, which is higher than the $46,950 average annual salary of a store manager.
The top three skills for a franchise manager include customer service, business development and powerpoint. The most important skills for a store manager are store management, retail store, and customer service.
| Franchise Manager | Store Manager | |
| Yearly salary | $74,597 | $46,950 |
| Hourly rate | $35.86 | $22.57 |
| Growth rate | 6% | 6% |
| Number of jobs | 244,362 | 446,127 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 48% |
| 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 store manager is responsible for monitoring the daily operations, making sure of its smooth and efficient performance with the best services provided to the customers. Store managers' duty also includes tracking the budget of the store to ensure that all expenses are meeting the sales goals. A store manager must also be able to plan and share strategies to boost sales performance and provide the needed support for the employees by communicating with them regularly, listening on suggestions, and taking necessary actions for complaints as required.
Franchise managers and store managers have different pay scales, as shown below.
| Franchise Manager | Store Manager | |
| Average salary | $74,597 | $46,950 |
| Salary range | Between $43,000 And $128,000 | Between $30,000 And $73,000 |
| Highest paying City | Parsippany-Troy Hills, NJ | Washington, DC |
| Highest paying state | New Jersey | Delaware |
| Best paying company | AstraZeneca | Meta |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a franchise manager and a store manager in terms of educational background:
| Franchise Manager | Store Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between franchise managers' and store managers' demographics:
| Franchise Manager | Store Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 51.2% Female, 48.8% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 6.3% White, 67.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |