Owner/operator vs managing partner

The differences between owner/operators and managing partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become an owner/operator, becoming a managing partner takes usually requires 4-6 years. Additionally, an owner/operator has an average salary of $167,288, which is higher than the $147,401 average annual salary of a managing partner.

The top three skills for an owner/operator include CDL, PET and customer service. The most important skills for a managing partner are food handling, cleanliness, and customer service.

Owner/operator vs managing partner overview

	Owner/Operator	Managing Partner
Yearly salary	$167,288	$147,401
Hourly rate	$80.43	$70.87
Growth rate	4%	6%
Number of jobs	119,599	66,916
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 42%	Bachelor's Degree, 67%
Average age	48	44
Years of experience	2	6

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.

What does a managing partner do?

The primary role of managing partners is to manage a company's day-to-day operations and provide overall strategic and administrative decisions. They have to maintain positive client relations and consult and collaborate with other employees, executives, and board members. They are also responsible for overseeing recruitment activities, determining improvement gaps, and administering corrective measures. To be qualified for this position, one should have a degree in business administration or a related field, excellent leadership and communication skills, and a healthy analytical and strategic mindset.

Owner/operator vs managing partner salary

Owner/operators and managing partners have different pay scales, as shown below.

	Owner/Operator	Managing Partner
Average salary	$167,288	$147,401
Salary range	Between $105,000 And $264,000	Between $83,000 And $259,000
Highest paying City	Bridgeport, CT	New York, NY
Highest paying state	Oregon	New York
Best paying company	Reddy Ice	Gartner
Best paying industry	Technology	Construction

Differences between owner/operator and managing partner education

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

	Owner/Operator	Managing Partner
Most common degree	Bachelor's Degree, 42%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	-	University of Pennsylvania

Owner/operator vs managing partner demographics

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

	Owner/Operator	Managing Partner
Average age	48	44
Gender ratio	Male, 66.8% Female, 33.2%	Male, 79.0% Female, 21.0%
Race ratio	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%	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	4%	10%

Differences between owner/operator and managing partner duties and responsibilities

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.

Managing partner example responsibilities.

Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
Create and develop internet presence via website and FaceBook.

Owner/operator vs managing partner skills

Common owner/operator skills

CDL, 57%
PET, 16%
Customer Service, 12%
Payroll, 4%
Human Resources, 1%
Windows, 1%

Common managing partner skills

Food Handling, 20%
Cleanliness, 18%
Customer Service, 9%
Financial Statements, 5%
Regulatory Compliance, 4%
POS, 4%

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Transportation Industry
Owner/Operator
Owner/Operator vs Managing Partner

Updated January 8, 2025

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