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President/owner vs operating partner

The differences between president/owners and operating partners 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 an operating partner. Additionally, a president/owner has an average salary of $114,992, which is higher than the $93,101 average annual salary of an operating partner.

The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for an operating partner are project management, shared services, and digital marketing.

President/owner vs operating partner overview

President/OwnerOperating Partner
Yearly salary$114,992$93,101
Hourly rate$55.28$44.76
Growth rate6%6%
Number of jobs83,314144,208
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 65%
Average age4444
Years of experience66

What does a president/owner do?

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.

What does an operating partner do?

An operating partner coordinates a portfolio company's efforts and serves as the liaison between private equity firms. They typically assess and manage teams, set objectives, establish guidelines and timelines, conduct market research and analyses, and assist teams in developing various operational strategies. They also gather and analyze extensive data, identify the strengths and weaknesses of existing processes, recommend solutions against problem areas, and create methods to optimize operations. Moreover, an operating partner must maintain an active communication line with staff while implementing the company's policies and regulations.

President/owner vs operating partner salary

President/owners and operating partners have different pay scales, as shown below.

President/OwnerOperating Partner
Average salary$114,992$93,101
Salary rangeBetween $76,000 And $172,000Between $55,000 And $156,000
Highest paying City-New York, NY
Highest paying state-Virginia
Best paying company-Teradata
Best paying industry-Hospitality

Differences between president/owner and operating partner education

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

President/OwnerOperating Partner
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President/owner vs operating partner demographics

Here are the differences between president/owners' and operating partners' demographics:

President/OwnerOperating Partner
Average age4444
Gender ratioMale, 75.8% Female, 24.2%Male, 78.8% Female, 21.2%
Race ratioBlack 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, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between president/owner and operating partner 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.
  • Show more

Operating partner example responsibilities.

  • Manage operations for BOH & FOH, set up venues POS system.
  • Manage all operations, logistics, shop, field service, maintenance, repair and machine shop.
  • Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
  • Negotiate and determine the programming for POS system.
  • Develop responsible supply ordering payroll forecasting to adjust for changing market conditions.
  • Create overall budget for each individual program/initiative along with all logistics, operations and execution.
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President/owner vs operating partner skills

Common president/owner skills
  • Financial Statements, 14%
  • Payroll, 13%
  • Product Development, 10%
  • Business Plan, 6%
  • Real Estate, 6%
  • R, 5%
Common operating partner skills
  • Project Management, 16%
  • Shared Services, 10%
  • Digital Marketing, 9%
  • Facebook, 9%
  • Human Resources, 8%
  • Payroll, 7%

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