Franchise owner vs managing partner

The differences between franchise owners 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 franchise owner and a managing partner. Additionally, a managing partner has an average salary of $147,401, which is higher than the $49,588 average annual salary of a franchise owner.

The top three skills for a franchise owner include commercial cleaning, senior care and customer service. The most important skills for a managing partner are food handling, cleanliness, and customer service.

Franchise owner vs managing partner overview

	Franchise Owner	Managing Partner
Yearly salary	$49,588	$147,401
Hourly rate	$23.84	$70.87
Growth rate	6%	6%
Number of jobs	91,048	66,916
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	6	6

Franchise owner vs managing partner salary

Franchise owners and managing partners have different pay scales, as shown below.

	Franchise Owner	Managing Partner
Average salary	$49,588	$147,401
Salary range	Between $39,000 And $62,000	Between $83,000 And $259,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New Jersey	New York
Best paying company	Mac Tools	Gartner
Best paying industry	Construction	Construction

Differences between franchise owner and managing partner education

There are a few differences between a franchise owner and a managing partner in terms of educational background:

	Franchise Owner	Managing Partner
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Franchise owner vs managing partner demographics

Here are the differences between franchise owners' and managing partners' demographics:

	Franchise Owner	Managing Partner
Average age	44	44
Gender ratio	Male, 69.0% Female, 31.0%	Male, 79.0% Female, 21.0%
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, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between franchise owner and managing partner 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.

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.

Franchise owner vs managing partner skills

Common franchise owner skills

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

Common managing partner skills

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