Managing member vs co-owner/operator

The differences between managing members and co-owner/operators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a managing member has an average salary of $92,537, which is higher than the $32,256 average annual salary of a co-owner/operator.

The top three skills for a managing member include financial statements, real estate and payroll. The most important skills for a co-owner/operator are co-op, patients, and data analysis.

Managing member vs co-owner/operator overview

	Managing Member	Co-Owner/Operator
Yearly salary	$92,537	$32,256
Hourly rate	$44.49	$15.51
Growth rate	6%	6%
Number of jobs	26,657	95,615
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 60%
Average age	47	44
Years of experience	-	6

What does a managing member do?

A managing member is an individual who has an ownership interest of a limited liability company (LLC) and is involved in its daily management. Managing members have an authoritative position that allows them to represent the company in contract negotiations and agree to the terms of a binding contract. They can purchase and sell properties owned by the company and can hire or terminate employees. Managing members also receive salaries and are not entitled to share in the profit or loss of the company.

What does a co-owner/operator do?

A co-owner/operator is responsible for delivering goods and services for the companies using their trucks and vehicles. Co-owner/operators ensure timely merchandise deliveries, check the quantity and quality of the cargo, and follow routes accordingly. They also inspect vehicle conditions, identify any inconsistencies, and perform troubleshooting for malfunction for immediate repair or replacement of components to prevent deliveries delays. A co-owner/operator must have clean driving records, adhering to the road's safety regulations.

Managing member vs co-owner/operator salary

Managing members and co-owner/operators have different pay scales, as shown below.

	Managing Member	Co-Owner/Operator
Average salary	$92,537	$32,256
Salary range	Between $49,000 And $172,000	Between $21,000 And $49,000
Highest paying City	San Jose, CA	Rahway, NJ
Highest paying state	Connecticut	New York
Best paying company	Memorial Sloan Kettering Cancer Center	BorgWarner
Best paying industry	Government	Technology

Differences between managing member and co-owner/operator education

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

	Managing Member	Co-Owner/Operator
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 60%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Managing member vs co-owner/operator demographics

Here are the differences between managing members' and co-owner/operators' demographics:

	Managing Member	Co-Owner/Operator
Average age	47	44
Gender ratio	Male, 69.2% Female, 30.8%	Male, 58.4% Female, 41.6%
Race ratio	Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 8.9% White, 65.5% American Indian and Alaska Native, 0.7%	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 managing member and co-owner/operator duties and responsibilities

Managing member example responsibilities.

Founded, develop and manage a playwriting group for NYC playwrights.
Manage concurrent projects locate across multiple time zones during daytime and off-hours maintenance windows.
Manage marketing and social media marketing activities, as well as company's e-commerce business and daily operations.
Form and manage an LLC for the manufacturing, sales, and distribution of an extremely unique line of magnetic jewelry.
Manage a portfolio of web assets on a part-time basis including e-commerce, video production services and a San Antonio blog.
Manage the day to day operation/financial operations of Medicare certify home health agency.

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.

Managing member vs co-owner/operator skills

Common managing member skills

Financial Statements, 14%
Real Estate, 11%
Payroll, 8%
Business Development, 6%
Product Development, 5%
R, 4%

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
Managing Member
Managing Member vs Co-Owner/Operator

Updated January 8, 2025

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