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Owner and founder vs business owner

The differences between owner and founders 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 an owner and founder and a business owner. Additionally, an owner and founder has an average salary of $69,307, which is higher than the $50,934 average annual salary of a business owner.

The top three skills for an owner and founder include web design, financial statements and product development. The most important skills for a business owner are customer service, payroll, and financial statements.

Owner and founder vs business owner overview

Owner And FounderBusiness Owner
Yearly salary$69,307$50,934
Hourly rate$33.32$24.49
Growth rate6%6%
Number of jobs53,656107,663
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 52%
Average age4444
Years of experience66

What does an owner and founder do?

An owner and founder are responsible for the primary development of a company or business and the vision and mission it upholds. Aside from overseeing the overall business processes, it is also their role to address the public and represent the company. Most of the time, they have the power to make decisions, but there are instances where one must reach out to board members first for approval. Furthermore, it is an owner and founder who develops and implements the policies and regulations that mold a company.

What does a business owner do?

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.

Owner and founder vs business owner salary

Owner and founders and business owners have different pay scales, as shown below.

Owner And FounderBusiness Owner
Average salary$69,307$50,934
Salary rangeBetween $45,000 And $105,000Between $27,000 And $94,000
Highest paying City-Seattle, WA
Highest paying state-Washington
Best paying company-BD
Best paying industry-Retail

Differences between owner and founder and business owner education

There are a few differences between an owner and founder and a business owner in terms of educational background:

Owner And FounderBusiness Owner
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Owner and founder vs business owner demographics

Here are the differences between owner and founders' and business owners' demographics:

Owner And FounderBusiness Owner
Average age4444
Gender ratioMale, 64.4% Female, 35.6%Male, 51.4% Female, 48.6%
Race ratioBlack 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%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 Percentage10%10%

Differences between owner and founder and business owner duties and responsibilities

Owner and founder example responsibilities.

  • Design, build and manage websites with current standards (HTML, CSS, Photoshop).
  • Manage company expense and payroll accounts, purchase and deliver materials to job-sites, and business administrative services simultaneously.
  • Utilize HTML code for all website content.
  • Assist with e-mail marketing with hand-code HTML templates.
  • Negotiate acquisition of outside interest to consolidate shares within working partners of LLC.
  • Invest seed funding, establish billing infrastructure, and register business as LLC.
    • Show more

Business owner example responsibilities.

  • Manage the budget and insure operations run smoothly.
  • Create, own and manage a LLC for grind pet transportation.
  • Establish and manage a beading boutique via the Internet by utilizing Photoshop to post designs on a personal website.
  • Manage sales, customer service, billing, A/P, A/R, vendor relations, negotiations, repairs, and maintenance.
  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
  • Handle all aspects from A/P to A/R, payroll, ordering and dealing with all distributors and city officials.
    • Show more

Owner and founder vs business owner skills

Common owner and founder skills
  • Web Design, 23%
  • Financial Statements, 8%
  • Product Development, 7%
  • Payroll, 5%
  • Business Plan, 4%
  • Facebook, 4%
Common business owner skills
  • Customer Service, 31%
  • Payroll, 12%
  • Financial Statements, 9%
  • Business Plan, 7%
  • Business Model, 3%
  • Real Estate, 2%

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Updated January 8, 2025

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