Store owner vs owner

The differences between store 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 store owner, becoming an owner takes usually requires More than 10 years. Additionally, an owner has an average salary of $90,334, which is higher than the $60,283 average annual salary of a store owner.

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

Store owner vs owner overview

	Store Owner	Owner
Yearly salary	$60,283	$90,334
Hourly rate	$28.98	$43.43
Growth rate	6%	6%
Number of jobs	189,283	86,486
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 52%
Average age	44	52
Years of experience	6	-

Store owner vs owner salary

Store owners and owners have different pay scales, as shown below.

	Store Owner	Owner
Average salary	$60,283	$90,334
Salary range	Between $38,000 And $94,000	Between $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 store owner and owner education

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

	Store Owner	Owner
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 52%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Store owner vs owner demographics

Here are the differences between store owners' and owners' demographics:

	Store Owner	Owner
Average age	44	52
Gender ratio	Male, 49.6% Female, 50.4%	Male, 63.1% Female, 36.9%
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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	10%	12%

Differences between store owner and owner duties and responsibilities

Store owner example responsibilities.

Manage employees, order supplies, stock, quick books POS
Manage own store, selling wide variety of products such as groceries and household items.
Train and develop to manage multi-unit operations.
Prepare payroll accounts and reconcile bank statements.
Initiate and implement computer base payroll system.
Deliver comprehensive team training in POS software and facilitate system maintenance.

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.

Store owner vs owner skills

Common store owner skills

Customer Service, 26%
Product Knowledge, 12%
Payroll, 10%
Store Merchandise, 6%
Inventory Control, 4%
Retail Store, 4%

Common owner skills

Customer Service, 25%
Payroll, 17%
Financial Statements, 8%
Product Development, 7%
Real Estate, 3%
Business Development, 3%