Franchise owner vs co-owner/operator

The differences between franchise owners and co-owner/operators 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 owner and a co-owner/operator. Additionally, a franchise owner has an average salary of $49,588, which is higher than the $32,256 average annual salary of a co-owner/operator.

The top three skills for a franchise owner include commercial cleaning, senior care and customer service. The most important skills for a co-owner/operator are co-op, patients, and data analysis.

Franchise owner vs co-owner/operator overview

	Franchise Owner	Co-Owner/Operator
Yearly salary	$49,588	$32,256
Hourly rate	$23.84	$15.51
Growth rate	6%	6%
Number of jobs	91,048	95,615
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 60%
Average age	44	44
Years of experience	6	6

Franchise owner vs co-owner/operator salary

Franchise owners and co-owner/operators have different pay scales, as shown below.

	Franchise Owner	Co-Owner/Operator
Average salary	$49,588	$32,256
Salary range	Between $39,000 And $62,000	Between $21,000 And $49,000
Highest paying City	New York, NY	Rahway, NJ
Highest paying state	New Jersey	New York
Best paying company	Mac Tools	BorgWarner
Best paying industry	Construction	Technology

Differences between franchise owner and co-owner/operator education

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

	Franchise Owner	Co-Owner/Operator
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 60%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Franchise owner vs co-owner/operator demographics

Here are the differences between franchise owners' and co-owner/operators' demographics:

	Franchise Owner	Co-Owner/Operator
Average age	44	44
Gender ratio	Male, 69.0% Female, 31.0%	Male, 58.4% Female, 41.6%
Race ratio	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5%	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%
LGBT Percentage	10%	10%

Differences between franchise owner and co-owner/operator duties and responsibilities

Franchise owner example responsibilities.

Manage preparation and growth of monthly email newsletter, Facebook interface.
manage all account payable and accounts receivable, A/P aging, A/R aging.
Manage website and administer social media platforms such as Facebook to boost traffic and business sales.
Own and manage apartment community; perform scheduling, data entry, marketing, A/P, A/R, payroll and advertising.
Manage complete operation of the HVAC and refrigeration service company
Direct day-to-day business operations, including payroll, inventory control, and profit/loss statements.

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.

Franchise owner vs co-owner/operator skills

Common franchise owner skills

Commercial Cleaning, 57%
Senior Care, 30%
Customer Service, 3%
Payroll, 2%
Franchise Business, 1%
Financial Statements, 1%

Common co-owner/operator skills

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

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Executive Management Industry
Franchise Owner
Franchise Owner vs Co-Owner/Operator

Updated January 8, 2025

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