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Institution director vs co-owner

The differences between institution directors and co-owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an institution director and a co-owner. Additionally, an institution director has an average salary of $111,614, which is higher than the $86,704 average annual salary of a co-owner.

The top three skills for an institution director include oversight, integrated marketing and professional development. The most important skills for a co-owner are customer service, financial statements, and business plan.

Institution director vs co-owner overview

Institution DirectorCo-Owner
Yearly salary$111,614$86,704
Hourly rate$53.66$41.68
Growth rate6%6%
Number of jobs9,13252,915
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 54%
Average age5252
Years of experience--

What does an institution director do?

An institutional research coordinator is typically responsible for maintaining, monitoring, and assessing instructional databases to support and evaluate an institutional research, long term-planning, and decision making ideas of a researcher or a team. They help with other divisions' or departments' research-related activities, collect and interpret data, and provide technical support for teachers, researchers, and other coordinators. Also, they must monitor documents and research materials to ensure that they are used correctly.

What does a co-owner do?

A co-owner is responsible for ensuring smooth business operations, searching for the best industrial opportunities to drive revenues and increase profitability. Some of the business co-owners' duties include planning activities for business promotions, monitoring current market trends, establishing a reliable workforce, developing product specifications, managing financial goals and cost estimates, strengthening marketing strategies, and keeping records of business papers and documents. A co-owner should have excellent leadership, communication, and decision-making skills to secure business growth and success.

Institution director vs co-owner salary

Institution directors and co-owners have different pay scales, as shown below.

Institution DirectorCo-Owner
Average salary$111,614$86,704
Salary rangeBetween $72,000 And $172,000Between $63,000 And $118,000
Highest paying CityWashington, DC-
Highest paying stateNew York-
Best paying companyUnited States Holocaust Memorial Museum-
Best paying industryHealth Care-

Differences between institution director and co-owner education

There are a few differences between an institution director and a co-owner in terms of educational background:

Institution DirectorCo-Owner
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Institution director vs co-owner demographics

Here are the differences between institution directors' and co-owners' demographics:

Institution DirectorCo-Owner
Average age5252
Gender ratioMale, 56.3% Female, 43.7%Male, 53.2% Female, 46.8%
Race ratioBlack or African American, 3.6% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.9% American Indian and Alaska Native, 0.6%Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.8% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between institution director and co-owner duties and responsibilities

Institution director example responsibilities.

  • Lead the team toward delivering break-even EBITDA through focus on product mix, e-commerce growth, margin expansion and expense reduction.
  • Represent the IRB at relevant meetings.
  • Obtain financial and quality outcomes for Neuroscience relate programs system wide.
  • Develop bank's fix income securities sales activities for regions in tri-state area.
  • Mentore elementary school students as part of a unique partnership between the outreach ministry and the DISD.
  • Provide guidance and training to staff on IRB management and procedures, and oversee educational outreach to the research community.
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Co-owner example responsibilities.

  • Manage inventory, profit and loss analysis, ROI, staff training and health department standards & safety regulations.
  • Manage budget and financial operations, including payroll and inventory.
  • Manage the day to day operation/financial operations of Medicare certify home health agency.
  • Acquire LLC, zone compliance, city business license and all other necessary documentation for a new business.
  • Complete all paperwork necessary for LLC, business license, insurance requirements, audits and home improvement license.
  • Photograph, edit (Photoshop) and upload pictures on website for new items or for products with new look.
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Institution director vs co-owner skills

Common institution director skills
  • Oversight, 18%
  • Integrated Marketing, 8%
  • Professional Development, 7%
  • Strategic Plan, 6%
  • IRB, 6%
  • Rehabilitation, 3%
Common co-owner skills
  • Customer Service, 39%
  • Financial Statements, 13%
  • Business Plan, 4%
  • Real Estate, 3%
  • QuickBooks, 3%
  • Inventory Control, 3%

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