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The differences between president/owners 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 president/owner and a business owner. Additionally, a president/owner has an average salary of $114,992, which is higher than the $50,934 average annual salary of a business owner.
The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for a business owner are customer service, payroll, and financial statements.
| President/Owner | Business Owner | |
| Yearly salary | $114,992 | $50,934 |
| Hourly rate | $55.28 | $24.49 |
| Growth rate | 6% | 6% |
| Number of jobs | 83,314 | 107,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 52% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A President or Owner can have varying responsibilities depending on the organization or company that they operate. However, most of the time, they are the leaders who oversee the entire function and revenues in their business, including the hiring and management process. The President and Owner can also be the face of a company, often appearing to address and communicate to the public. Furthermore, they are responsible for implementing guidelines that would drive the company towards its vision and mission.
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.
President/owners and business owners have different pay scales, as shown below.
| President/Owner | Business Owner | |
| Average salary | $114,992 | $50,934 |
| Salary range | Between $76,000 And $172,000 | 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 president/owner and a business owner in terms of educational background:
| President/Owner | Business Owner | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president/owners' and business owners' demographics:
| President/Owner | Business Owner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 75.8% Female, 24.2% | 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, 67.7% 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% |