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The differences between partner business managers and business owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a partner business manager and a business owner. Additionally, a partner business manager has an average salary of $115,495, which is higher than the $50,934 average annual salary of a business owner.
The top three skills for a partner business manager include human resources, cloud and business development. The most important skills for a business owner are customer service, payroll, and financial statements.
| Partner Business Manager | Business Owner | |
| Yearly salary | $115,495 | $50,934 |
| Hourly rate | $55.53 | $24.49 |
| Growth rate | 6% | 6% |
| Number of jobs | 304,626 | 107,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 52% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A partner business manager is a person who manages a partnership and is responsible for the daily operations of the business. The responsibilities of this position vary widely depending on the structures of the partnership, the business in which they are involved, and in some cases, if the manager is also one of the partners. Partner business managers are a great option for having one manager instead of having partner owners involved in the day-to-day operations of their business.
Business owners, also known as Entrepreneurs, are responsible for their company and brand's success. There are many areas of responsibility when you're a business owner, such as in the aspects of planning and budgeting, arranging finances and legal documentation, and even hiring the workforce essential for the business to grow. However, these responsibilities will vary according to how a business owner will uphold them. Moreover, building a business from the ground up requires dedication and a vision and mission for the brand.
Partner business managers and business owners have different pay scales, as shown below.
| Partner Business Manager | Business Owner | |
| Average salary | $115,495 | $50,934 |
| Salary range | Between $88,000 And $151,000 | Between $27,000 And $94,000 |
| Highest paying City | - | Seattle, WA |
| Highest paying state | - | Washington |
| Best paying company | - | BD |
| Best paying industry | - | Retail |
There are a few differences between a partner business manager and a business owner in terms of educational background:
| Partner Business Manager | Business Owner | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between partner business managers' and business owners' demographics:
| Partner Business Manager | Business Owner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 61.2% Female, 38.8% | Male, 51.4% Female, 48.6% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 10% | 10% |