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The differences between owner and founders and store managers 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 store manager. Additionally, an owner and founder has an average salary of $69,307, which is higher than the $46,950 average annual salary of a store manager.
The top three skills for an owner and founder include web design, financial statements and product development. The most important skills for a store manager are store management, retail store, and customer service.
| Owner And Founder | Store Manager | |
| Yearly salary | $69,307 | $46,950 |
| Hourly rate | $33.32 | $22.57 |
| Growth rate | 6% | 6% |
| Number of jobs | 53,656 | 446,127 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 48% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
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.
A store manager is responsible for monitoring the daily operations, making sure of its smooth and efficient performance with the best services provided to the customers. Store managers' duty also includes tracking the budget of the store to ensure that all expenses are meeting the sales goals. A store manager must also be able to plan and share strategies to boost sales performance and provide the needed support for the employees by communicating with them regularly, listening on suggestions, and taking necessary actions for complaints as required.
Owner and founders and store managers have different pay scales, as shown below.
| Owner And Founder | Store Manager | |
| Average salary | $69,307 | $46,950 |
| Salary range | Between $45,000 And $105,000 | Between $30,000 And $73,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | Delaware |
| Best paying company | - | Meta |
| Best paying industry | - | Manufacturing |
There are a few differences between an owner and founder and a store manager in terms of educational background:
| Owner And Founder | Store Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between owner and founders' and store managers' demographics:
| Owner And Founder | Store Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 51.2% Female, 48.8% |
| Race ratio | 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% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 6.3% White, 67.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |