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President/owner vs owner

The differences between president/owners and owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a president/owner, becoming an owner takes usually requires More than 10 years. Additionally, a president/owner has an average salary of $114,992, which is higher than the $90,334 average annual salary of an owner.

The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for an owner are customer service, payroll, and financial statements.

President/owner vs owner overview

President/OwnerOwner
Yearly salary$114,992$90,334
Hourly rate$55.28$43.43
Growth rate6%6%
Number of jobs83,31486,486
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 52%
Average age4452
Years of experience6-

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 owner do?

Owners, in the most basic sense, own the business, company, or organization. They are responsible for building the business. They create business plans and the general vision and mission of the company, set goals, work on these goals, and ensure that the business keeps running. They manage all aspects of their business, from finances to marketing to people, etc. When the business becomes stable, owners eventually hire more employees. As such, owners also become overseers who would ensure that the organization remains afloat.

President/owner vs owner salary

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

President/OwnerOwner
Average salary$114,992$90,334
Salary rangeBetween $76,000 And $172,000Between $60,000 And $135,000
Highest paying City-New York, NY
Highest paying state-New Jersey
Best paying company-BP America Inc
Best paying industry--

Differences between president/owner and owner education

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

President/OwnerOwner
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President/owner vs owner demographics

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

President/OwnerOwner
Average age4452
Gender ratioMale, 75.8% Female, 24.2%Male, 63.1% Female, 36.9%
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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage10%12%

Differences between president/owner and owner 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

Owner example responsibilities.

  • Manage web content and a PHP / MySQL application.
  • Create and develop a website to help clients easily manage their instagram account to gain exposure.
  • Execute all social media marketing and manage the company Facebook page/campaigns.
  • Manage human resource functions by generating payroll, scheduling and upholding company policies.
  • License Maryland home improvement contractor managing a small home improvement business that specializes in doors and windows.
  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
  • Show more

President/owner vs owner skills

Common president/owner skills
  • Financial Statements, 14%
  • Payroll, 13%
  • Product Development, 10%
  • Business Plan, 6%
  • Real Estate, 6%
  • R, 5%
Common owner skills
  • Customer Service, 25%
  • Payroll, 17%
  • Financial Statements, 8%
  • Product Development, 7%
  • Real Estate, 3%
  • Business Development, 3%

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