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The differences between new business managers and area managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a new business manager and an area manager. Additionally, a new business manager has an average salary of $93,395, which is higher than the $73,472 average annual salary of an area manager.
The top three skills for a new business manager include customer service, business plan and business development. The most important skills for an area manager are customer service, safety standards, and logistics.
| New Business Manager | Area Manager | |
| Yearly salary | $93,395 | $73,472 |
| Hourly rate | $44.90 | $35.32 |
| Growth rate | 6% | 6% |
| Number of jobs | 282,416 | 341,983 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A new business manager is responsible for reaching out to existing and potential clients and identify new business opportunities that would generate more revenue resources for the company and increase profitability. Business managers supervise client portfolios and ensure long business relationships by maintaining the highest client satisfaction and efficient deliverables. They also analyze the financial status and sales performance of the company and determine techniques to minimize loss and increase productivity. A new business manager studies recent market trends to develop services that meet public demands and interests.
An Area Manager's responsibility is to oversee the business operations of all company branches within a particular area. Among the tasks involve creating strategies to achieve the sales target, monitoring and evaluating the performance and progress of stores including their workforce, adhering to the budget and regulations of the company, and focus on attaining the image and financial goals. Moreover, an Area Manager must communicate and coordinate with fellow managers and hire employees that would be a vital member of the company.
New business managers and area managers have different pay scales, as shown below.
| New Business Manager | Area Manager | |
| Average salary | $93,395 | $73,472 |
| Salary range | Between $55,000 And $158,000 | Between $50,000 And $107,000 |
| Highest paying City | New Rochelle, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Apple | Clifford Chance |
| Best paying industry | Energy | Technology |
There are a few differences between a new business manager and an area manager in terms of educational background:
| New Business Manager | Area Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between new business managers' and area managers' demographics:
| New Business Manager | Area Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.1% Female, 39.9% | Male, 69.1% Female, 30.9% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% 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% |