Store owner vs store manager

The differences between store owners and store managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a store owner and a store manager. Additionally, a store owner has an average salary of $60,283, which is higher than the $46,950 average annual salary of a store manager.

The top three skills for a store owner include customer service, product knowledge and payroll. The most important skills for a store manager are store management, retail store, and customer service.

Store owner vs store manager overview

	Store Owner	Store Manager
Yearly salary	$60,283	$46,950
Hourly rate	$28.98	$22.57
Growth rate	6%	6%
Number of jobs	189,283	446,127
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 48%
Average age	44	44
Years of experience	6	6

Store owner vs store manager salary

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

	Store Owner	Store Manager
Average salary	$60,283	$46,950
Salary range	Between $38,000 And $94,000	Between $30,000 And $73,000
Highest paying City	-	Washington, DC
Highest paying state	-	Delaware
Best paying company	-	Meta
Best paying industry	-	Manufacturing

Differences between store owner and store manager education

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

	Store Owner	Store Manager
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Store owner vs store manager demographics

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

	Store Owner	Store Manager
Average age	44	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 51.2% Female, 48.8%
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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 6.3% White, 67.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between store owner and store manager 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.

Store manager example responsibilities.

Store achieve highest UPT in company for FY11.
Assist the DM and help to manage the district in her absence.
Manage the store's inventory with GNC guidelines; receiving, checking and shelving all merchandising orders.
Train and develop to manage multi-unit operations.
Create implementation plans to support execution of Starbucks initiatives to achieve both operational excellence and business results.
Develop and implement operational strategies utilizing less payroll expenses and allot hour usage to accomplish logistical and operational excellence.

Store owner vs store manager skills

Common store owner skills

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

Common store manager skills

Store Management, 8%
Retail Store, 5%
Customer Service, 5%
PET, 5%
Loss Prevention, 5%
Sales Floor, 4%