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The differences between junior managers and business owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a junior manager and a business owner. Additionally, a junior manager has an average salary of $52,295, which is higher than the $50,934 average annual salary of a business owner.
The top three skills for a junior manager include customer service, safety standards and bank deposits. The most important skills for a business owner are customer service, payroll, and financial statements.
| Junior Manager | Business Owner | |
| Yearly salary | $52,295 | $50,934 |
| Hourly rate | $25.14 | $24.49 |
| Growth rate | 6% | 6% |
| Number of jobs | 65,105 | 107,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 52% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A junior manager usually works as a supervisor under the supervision of a senior manager or higher executive. They oversee the implementation projects and supervise the employees who are under non-management or rank-and-file status. They may handle information about a company and its clients to ensure company improvement and development. They provide solutions to issues by providing clear communication among the team members.
Business owners, also known as Entrepreneurs, are responsible for their company and brand's success. There are many areas of responsibility when you're a business owner, such as in the aspects of planning and budgeting, arranging finances and legal documentation, and even hiring the workforce essential for the business to grow. However, these responsibilities will vary according to how a business owner will uphold them. Moreover, building a business from the ground up requires dedication and a vision and mission for the brand.
Junior managers and business owners have different pay scales, as shown below.
| Junior Manager | Business Owner | |
| Average salary | $52,295 | $50,934 |
| Salary range | Between $37,000 And $72,000 | Between $27,000 And $94,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Alaska | Washington |
| Best paying company | CIBC World Markets | BD |
| Best paying industry | Finance | Retail |
There are a few differences between a junior manager and a business owner in terms of educational background:
| Junior Manager | Business Owner | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between junior managers' and business owners' demographics:
| Junior Manager | Business Owner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 51.4% Female, 48.6% |
| 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |