Store owner vs owner/operator

The differences between store owners and owner/operators 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/operator takes usually requires 1-2 years. Additionally, an owner/operator has an average salary of $167,288, 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/operator are CDL, PET, and customer service.

Store owner vs owner/operator overview

	Store Owner	Owner/Operator
Yearly salary	$60,283	$167,288
Hourly rate	$28.98	$80.43
Growth rate	6%	4%
Number of jobs	189,283	119,599
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 42%
Average age	44	48
Years of experience	6	2

Store owner vs owner/operator salary

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

	Store Owner	Owner/Operator
Average salary	$60,283	$167,288
Salary range	Between $38,000 And $94,000	Between $105,000 And $264,000
Highest paying City	-	Bridgeport, CT
Highest paying state	-	Oregon
Best paying company	-	Reddy Ice
Best paying industry	-	Technology

Differences between store owner and owner/operator education

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

	Store Owner	Owner/Operator
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 42%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Store owner vs owner/operator demographics

Here are the differences between store owners' and owner/operators' demographics:

	Store Owner	Owner/Operator
Average age	44	48
Gender ratio	Male, 49.6% Female, 50.4%	Male, 66.8% Female, 33.2%
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, 12.1% Unknown, 4.7% Hispanic or Latino, 17.1% Asian, 3.6% White, 61.7% American Indian and Alaska Native, 0.8%
LGBT Percentage	10%	4%

Differences between store owner and owner/operator 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/operator example responsibilities.

Create and manage a free subscription, advertising- base facsimile publication and franchising system.
Manage all inventory for eBay store, including its labeling, storage, sales, and overall organization.
Design, implement and manage processes base on ITIL best practices, standards and relate support tools across the organization.
Direct daily operations of four profit centers, managing all financial functions to include A/R, A/P, payroll and purchasing.
Create and manage print and electronic co-op advertising program
Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.

Store owner vs owner/operator skills

Common store owner skills

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

Common owner/operator skills

CDL, 57%
PET, 16%
Customer Service, 12%
Payroll, 4%
Human Resources, 1%
Windows, 1%