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The differences between managers of business services 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 manager of business services and a business owner. Additionally, a manager of business services has an average salary of $98,244, which is higher than the $50,934 average annual salary of a business owner.
The top three skills for a manager of business services include CPA, risk management and business operations. The most important skills for a business owner are customer service, payroll, and financial statements.
| Manager Of Business Services | Business Owner | |
| Yearly salary | $98,244 | $50,934 |
| Hourly rate | $47.23 | $24.49 |
| Growth rate | 6% | 6% |
| Number of jobs | 313,139 | 107,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 52% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
Business Service Managers are administrative professionals who oversee different service-related functions in the company. They manage the teams involved in serving various functions. They ensure proper coordination between these teams. \They carefully allocate resources to cover their bases and ensure that services are available at all times. Business Service Managers prepare and draft policies and guidelines related to company services. They also ensure that these guidelines are properly cascaded and are followed by their constituents.
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.
Managers of business services and business owners have different pay scales, as shown below.
| Manager Of Business Services | Business Owner | |
| Average salary | $98,244 | $50,934 |
| Salary range | Between $68,000 And $141,000 | Between $27,000 And $94,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | BD | |
| Best paying industry | Technology | Retail |
There are a few differences between a manager of business services and a business owner in terms of educational background:
| Manager Of Business Services | Business Owner | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers of business services' and business owners' demographics:
| Manager Of Business Services | Business Owner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.9% Female, 46.1% | Male, 51.4% Female, 48.6% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% 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% |