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Owner and founder vs co-owner/operator

The differences between owner and founders and co-owner/operators 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 co-owner/operator. Additionally, an owner and founder has an average salary of $69,307, which is higher than the $32,256 average annual salary of a co-owner/operator.

The top three skills for an owner and founder include web design, financial statements and product development. The most important skills for a co-owner/operator are co-op, patients, and data analysis.

Owner and founder vs co-owner/operator overview

Owner And FounderCo-Owner/Operator
Yearly salary$69,307$32,256
Hourly rate$33.32$15.51
Growth rate6%6%
Number of jobs53,65695,615
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 60%
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 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.

Owner and founder vs co-owner/operator salary

Owner and founders and co-owner/operators have different pay scales, as shown below.

Owner And FounderCo-Owner/Operator
Average salary$69,307$32,256
Salary rangeBetween $45,000 And $105,000Between $21,000 And $49,000
Highest paying City-Rahway, NJ
Highest paying state-New York
Best paying company-BorgWarner
Best paying industry-Technology

Differences between owner and founder and co-owner/operator education

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

Owner And FounderCo-Owner/Operator
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Owner and founder vs co-owner/operator demographics

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

Owner And FounderCo-Owner/Operator
Average age4444
Gender ratioMale, 64.4% Female, 35.6%Male, 58.4% Female, 41.6%
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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.4% White, 67.6% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between owner and founder and co-owner/operator 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

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.

Owner and founder vs co-owner/operator skills

Common owner and founder skills
  • Web Design, 23%
  • Financial Statements, 8%
  • Product Development, 7%
  • Payroll, 5%
  • Business Plan, 4%
  • Facebook, 4%
Common co-owner/operator skills
  • Co-Op, 35%
  • Patients, 10%
  • Data Analysis, 7%
  • PowerPoint, 6%
  • Python, 4%
  • C++, 3%

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