I see a lot of restaurants run by managing partners these days. How is a managing partner different from the more traditional general manager?
2007-04-05 09:12:28 · 1 answers · asked by eclstate 2 in Business & Finance ➔ Careers & Employment
Managing partner owns part of the company (restaurant).
A G.M. does not own part of the company directly, but he probably has a lot of company stock and stock options (so he inderectly owns part of the company).
A managing partner may or may not know all the workings of the company, but he should. He probably has a "knack" for management.
A G.M. is a usually a professionally business manager.
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2007-04-05 09:18:02 · answer #1 · answered by tlbs101 7 · 0⤊ 0⤋
What Is A Managing Partner
2016-11-05 21:28:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
A managing partner is likely to have a stake in the business and therefore will be receiving dividends, stocks, shares etc while a general manager does not receive these things and cannot bear claim to the fact that he is a partner in the business
2007-04-05 09:16:52 · answer #3 · answered by dustiiart 5 · 1⤊ 0⤋
Managing partner, means a partner in the concern, & has management control.
General manager is just that, an employee who manages the concern,he may or maynot have workers who are answerable to him eg.cooks, waiters etc.
2007-04-05 09:18:06 · answer #4 · answered by saltnsaffron 5 · 0⤊ 0⤋
Managing partners usually mean that the manager has made an investment to buy a portion of the restaurant.
2007-04-05 09:17:01 · answer #5 · answered by Anonymous · 0⤊ 0⤋
One is a part owner and the other is an employee of the owner (s).
2007-04-05 09:15:23 · answer #6 · answered by Anonymous · 0⤊ 0⤋
difficult situation. try searching in google and yahoo. that will help!
2014-12-06 20:35:40 · answer #7 · answered by Anonymous · 0⤊ 0⤋