Trained owner vs business owner

The differences between trained owners and business owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a trained owner, becoming a business owner takes usually requires 4-6 years. Additionally, a trained owner has an average salary of $56,721, which is higher than the $50,934 average annual salary of a business owner.

The top three skills for a trained owner include training programs, group classes and in-home. The most important skills for a business owner are customer service, payroll, and financial statements.

Trained owner vs business owner overview

	Trained Owner	Business Owner
Yearly salary	$56,721	$50,934
Hourly rate	$27.27	$24.49
Growth rate	8%	6%
Number of jobs	52,784	107,663
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 52%
Average age	44	44
Years of experience	4	6

Trained owner vs business owner salary

Trained owners and business owners have different pay scales, as shown below.

	Trained Owner	Business Owner
Average salary	$56,721	$50,934
Salary range	Between $27,000 And $115,000	Between $27,000 And $94,000
Highest paying City	-	Seattle, WA
Highest paying state	-	Washington
Best paying company	-	BD
Best paying industry	-	Retail

Differences between trained owner and business owner education

There are a few differences between a trained owner and a business owner in terms of educational background:

	Trained Owner	Business Owner
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 52%
Most common major	Business	Business
Most common college	San Diego State University	University of Pennsylvania

Trained owner vs business owner demographics

Here are the differences between trained owners' and business owners' demographics:

	Trained Owner	Business Owner
Average age	44	44
Gender ratio	Male, 52.4% Female, 47.6%	Male, 51.4% Female, 48.6%
Race ratio	Black or African American, 10.0% Unknown, 6.6% Hispanic or Latino, 15.7% Asian, 6.5% White, 60.7% American Indian and Alaska Native, 0.5%	Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	12%	10%

Differences between trained owner and business owner duties and responsibilities

Trained owner example responsibilities.

License Maryland home improvement contractor managing a small home improvement business that specializes in doors and windows.
Own and run business out of a state-of-the-art, multi-million-dollar facility.
Perform market research analysis/comparison/trends/consultation for current and prospective clients /weekly PowerPoint presentations Accomplishments/Rewards.
Deliver eBay consignment services for individuals, businesses, non-profit organizations and charities.

Business owner example responsibilities.

Manage the budget and insure operations run smoothly.
Create, own and manage a LLC for grind pet transportation.
Establish and manage a beading boutique via the Internet by utilizing Photoshop to post designs on a personal website.
Manage sales, customer service, billing, A/P, A/R, vendor relations, negotiations, repairs, and maintenance.
Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
Handle all aspects from A/P to A/R, payroll, ordering and dealing with all distributors and city officials.

Trained owner vs business owner skills

Common trained owner skills

Training Programs, 12%
Group Classes, 11%
In-Home, 8%
Private Lessons, 8%
Weight Loss, 6%
Payroll, 6%

Common business owner skills

Customer Service, 31%
Payroll, 12%
Financial Statements, 9%
Business Plan, 7%
Business Model, 3%
Real Estate, 2%