President/owner vs general manager

Differences between president/owner and general manager duties and responsibilities

President/owner example responsibilities.

• Manage business functions: payroll, A/P, A/R, taxes, business direction, and negotiate contracts.
• Manage and maintain business/banking/ordering/scheduling/event coordination and payroll weekly.
• Oversee financial reporting and analysis, costing, budgeting, A/P, A/R, collections, fix assets, etc.
• Assist with clients' selections and have immense knowledge of paint, tile, flooring, windows, cabinets, doors ...
• Obtain and complete the documentation necessary to form the LLC and vendor licensing to do business in the state of Ohio.
• Conduct yearly meetings and product presentations directly to LLC stakeholders.
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General manager example responsibilities.

• Generate positive EBITDA and improve cash flow by managing costs and inventory.
• Manage all recruiting and training efforts, and develop systems to track ROI comparison results.
• Work as a FOH AGM and train to manage all staff functions including training, hiring, food and labor controls.
• Develop yearly budget for multiple hotels that include revenue, labor, fix and variable costs to achieve overall EBITDA goal.
• Task primarily with building logistics infrastructure, managing operational expenses, and supporting start up strategies.
• Train and manage FOH staff and improve overall quality, organization and professionalism of restaurant and bakery.
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