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The differences between owner/managers and retail operation 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/manager and a retail operation manager. Additionally, a retail operation manager has an average salary of $76,518, which is higher than the $75,822 average annual salary of an owner/manager.
The top three skills for an owner/manager include financial statements, inventory control and customer service. The most important skills for a retail operation manager are POS, retail operations, and payroll.
| Owner/Manager | Retail Operation Manager | |
| Yearly salary | $75,822 | $76,518 |
| Hourly rate | $36.45 | $36.79 |
| Growth rate | 6% | 6% |
| Number of jobs | 303,790 | 408,776 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
Owners/managers are responsible for establishing a business and managing the operations once the business is running. They plan and make sure that the company has adequate financing. They also handle the initial marketing to get customers. Owners/mangers handle human resources activities, such as hiring and training employees. Once the business has launched, they start delegating activities to other employees and may also start assigning leaders to different departments. However, they still oversee the whole operation. Owners/managers are the top decision-makers and ensure that business strategies align with the goals.
A retail operation manager is an individual who is responsible for managing the daily operations of retail stores while maintaining their physical space tidy and organized. Retail operation manager must ensure proper staffing at all stores as well as train employees to enhance their job performance and retention. They are required to conduct inventory analysis to ensure optimal stock levels. Retail operation managers must also visit retail locations so that they can evaluate the sales performance and level of customer satisfaction of each store.
Owner/managers and retail operation managers have different pay scales, as shown below.
| Owner/Manager | Retail Operation Manager | |
| Average salary | $75,822 | $76,518 |
| Salary range | Between $44,000 And $129,000 | Between $47,000 And $124,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | Connecticut |
| Best paying company | - | Accenture |
| Best paying industry | - | - |
There are a few differences between an owner/manager and a retail operation manager in terms of educational background:
| Owner/Manager | Retail Operation Manager | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between owner/managers' and retail operation managers' demographics:
| Owner/Manager | Retail Operation Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.0% Female, 41.0% | Male, 56.8% Female, 43.2% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |