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The differences between partner business managers and new business managers 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 new business manager. Additionally, a partner business manager has an average salary of $115,495, which is higher than the $93,395 average annual salary of a new business manager.
The top three skills for a partner business manager include human resources, cloud and business development. The most important skills for a new business manager are customer service, business plan, and business development.
| Partner Business Manager | New Business Manager | |
| Yearly salary | $115,495 | $93,395 |
| Hourly rate | $55.53 | $44.90 |
| Growth rate | 6% | 6% |
| Number of jobs | 304,626 | 282,416 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| 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.
A new business manager is responsible for reaching out to existing and potential clients and identify new business opportunities that would generate more revenue resources for the company and increase profitability. Business managers supervise client portfolios and ensure long business relationships by maintaining the highest client satisfaction and efficient deliverables. They also analyze the financial status and sales performance of the company and determine techniques to minimize loss and increase productivity. A new business manager studies recent market trends to develop services that meet public demands and interests.
Partner business managers and new business managers have different pay scales, as shown below.
| Partner Business Manager | New Business Manager | |
| Average salary | $115,495 | $93,395 |
| Salary range | Between $88,000 And $151,000 | Between $55,000 And $158,000 |
| Highest paying City | - | New Rochelle, NY |
| Highest paying state | - | New York |
| Best paying company | - | Apple |
| Best paying industry | - | Energy |
There are a few differences between a partner business manager and a new business manager in terms of educational background:
| Partner Business Manager | New Business Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between partner business managers' and new business managers' demographics:
| Partner Business Manager | New Business Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 61.2% Female, 38.8% | Male, 60.1% Female, 39.9% |
| 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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |