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Owner vs owner/operator

The differences between owners and owner/operators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become an owner, becoming an owner/operator takes usually requires 1-2 years. Additionally, an owner/operator has an average salary of $167,288, which is higher than the $90,334 average annual salary of an owner.

The top three skills for an owner include customer service, payroll and financial statements. The most important skills for an owner/operator are CDL, PET, and customer service.

Owner vs owner/operator overview

OwnerOwner/Operator
Yearly salary$90,334$167,288
Hourly rate$43.43$80.43
Growth rate6%4%
Number of jobs86,486119,599
Job satisfaction-5
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 42%
Average age5248
Years of experience-2

What does an owner do?

Owners, in the most basic sense, own the business, company, or organization. They are responsible for building the business. They create business plans and the general vision and mission of the company, set goals, work on these goals, and ensure that the business keeps running. They manage all aspects of their business, from finances to marketing to people, etc. When the business becomes stable, owners eventually hire more employees. As such, owners also become overseers who would ensure that the organization remains afloat.

What does an owner/operator do?

Owners/operators manage the business in all aspects, especially in those related to operations. They ensure that every aspect of the business is running smoothly. They oversee finance, marketing, logistics, sales, and even the human resources of the whole organization. They set business goals, create action plans to achieve them, and make sure that the plans are followed through. They set strategic direction and make business decisions that would be the most beneficial to the organization. They ensure that the business has enough funds to continue operating and that the quality of the products and services they offer continuously improve.

Owner vs owner/operator salary

Owners and owner/operators have different pay scales, as shown below.

OwnerOwner/Operator
Average salary$90,334$167,288
Salary rangeBetween $60,000 And $135,000Between $105,000 And $264,000
Highest paying CityNew York, NYBridgeport, CT
Highest paying stateNew JerseyOregon
Best paying companyBP America IncReddy Ice
Best paying industry-Technology

Differences between owner and owner/operator education

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

OwnerOwner/Operator
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 42%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Owner vs owner/operator demographics

Here are the differences between owners' and owner/operators' demographics:

OwnerOwner/Operator
Average age5248
Gender ratioMale, 63.1% Female, 36.9%Male, 66.8% Female, 33.2%
Race ratioBlack or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%Black or African American, 12.1% Unknown, 4.7% Hispanic or Latino, 17.1% Asian, 3.6% White, 61.7% American Indian and Alaska Native, 0.8%
LGBT Percentage12%4%

Differences between owner and owner/operator duties and responsibilities

Owner example responsibilities.

  • Manage web content and a PHP / MySQL application.
  • Create and develop a website to help clients easily manage their instagram account to gain exposure.
  • Execute all social media marketing and manage the company Facebook page/campaigns.
  • Manage human resource functions by generating payroll, scheduling and upholding company policies.
  • License Maryland home improvement contractor managing a small home improvement business that specializes in doors and windows.
  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
    • Show more

Owner/operator example responsibilities.

  • Create and manage a free subscription, advertising- base facsimile publication and franchising system.
  • Manage all inventory for eBay store, including its labeling, storage, sales, and overall organization.
  • Design, implement and manage processes base on ITIL best practices, standards and relate support tools across the organization.
  • Direct daily operations of four profit centers, managing all financial functions to include A/R, A/P, payroll and purchasing.
  • Create and manage print and electronic co-op advertising program
  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
    • Show more

Owner vs owner/operator skills

Common owner skills
  • Customer Service, 25%
  • Payroll, 17%
  • Financial Statements, 8%
  • Product Development, 7%
  • Real Estate, 3%
  • Business Development, 3%
Common owner/operator skills
  • CDL, 57%
  • PET, 16%
  • Customer Service, 12%
  • Payroll, 4%
  • Human Resources, 1%
  • Windows, 1%

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Updated January 8, 2025

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