What is a managing owner and how to become one

Key steps to become a managing owner

1. Explore managing owner education requirements

   Most common managing owner degrees

   Bachelor's

   54.9 %

   Associate

   17.3 %

   Master's

   9.8 %

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2. Start to develop specific managing owner skills

   Skills	Percentages
   Lifecycle Management	24.25%
   Customer Service	11.39%
   Management Process	8.03%
   ITIL	7.74%
   Payroll	6.79%

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3. Complete relevant managing owner training and internships

   Accountants spend an average of 6-12 months on post-employment, on-the-job training. New managing owners learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a managing owner based on U.S. Bureau of Labor Statistics data and data from real managing owner resumes.

4. Research managing owner duties and responsibilities

   • Develop, implement and manage content marketing, SEO and social strategies.
   • Create quarterly operations budgets, manage company finances and payroll.
   • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
   • Use QuickBooks as a tool for accounts payable & receivable.

5. Apply for managing owner jobs

   Now it's time to start searching for a managing owner job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams