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Advisor and consultant vs small business consultant

The differences between advisor and consultants and small business consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an advisor and consultant and a small business consultant. Additionally, an advisor and consultant has an average salary of $80,661, which is higher than the $47,982 average annual salary of a small business consultant.

The top three skills for an advisor and consultant include mutual funds, fixed income and client relationships. The most important skills for a small business consultant are customer service, business clients, and outbound calls.

Advisor and consultant vs small business consultant overview

Advisor And ConsultantSmall Business Consultant
Yearly salary$80,661$47,982
Hourly rate$38.78$23.07
Growth rate11%11%
Number of jobs96,691116,476
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 67%
Average age4444
Years of experience44

What does an advisor and consultant do?

Advisors and consultants summarize and update the client's top management with accurate information relating to company management and finance. Besides preparing reports and investigating clients' needs, and promoting strong client relationships, advisors and consultants also offer services that result in a holistic technique to solve the current and future issues. They help the organization to have the expertise and specific skills it lacks. Moreover, advisors and consultants guide the organization on diagnosing various problems instead of waiting for the advisors' and consultants' assessments.

What does a small business consultant do?

A small business consultant specializes in developing and recommending strategies to optimize the daily operations of small businesses. They typically meet with clients to identify their needs and preferences, determine their short and long-term goals, perform market research and analysis to find business or client opportunities, determine the strengths and weaknesses of current processes, and implement solutions against problem areas. They may also conduct risk assessments and help address issues and concerns, resolving them promptly and efficiently. Moreover, a small business consultant must devise a plan to implement the establishment's policies and regulations, suggesting new ones as needed.

Advisor and consultant vs small business consultant salary

Advisor and consultants and small business consultants have different pay scales, as shown below.

Advisor And ConsultantSmall Business Consultant
Average salary$80,661$47,982
Salary rangeBetween $51,000 And $126,000Between $34,000 And $66,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between advisor and consultant and small business consultant education

There are a few differences between an advisor and consultant and a small business consultant in terms of educational background:

Advisor And ConsultantSmall Business Consultant
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Advisor and consultant vs small business consultant demographics

Here are the differences between advisor and consultants' and small business consultants' demographics:

Advisor And ConsultantSmall Business Consultant
Average age4444
Gender ratioMale, 71.4% Female, 28.6%Male, 59.0% Female, 41.0%
Race ratioBlack or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.2% White, 66.1% American Indian and Alaska Native, 0.2%Black or African American, 8.8% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 9.7% White, 67.4% American Indian and Alaska Native, 0.2%
LGBT Percentage12%12%

Differences between advisor and consultant and small business consultant duties and responsibilities

Advisor and consultant example responsibilities.

  • Manage CSR budget and agency and provide social media monitoring reporting and analysis to business on corporate reputation and brand issues.
  • Develop financial models to determine IRR, ROI, and obtain project financing.
  • Frame initial Facebook strategy and carrier operational requirements for SMS mobile messaging and advertising.
  • Analyze internal knowledge infrastructure and develop optimized information system/organization.
  • Help start-up apply for and secure SBA funding.
  • Provide consulting services relate to funding and strategy for small businesses base on SBA guidelines.
  • Show more

Small business consultant example responsibilities.

  • Manage client information using SalesForce CRM software.
  • Construct and manage business Facebook page and keep current with appealing promotions and coupons.
  • Manage training and presentation collateral on SharePoint system, resulting in recycling of documentation for consistent messaging across enterprise.
  • Update and maintain various SalesForce and SharePoint accounts for clients.
  • Display clothing and merchandise in windows, advertisements, and/or fashion shows.
  • Decrease sales data - CRM integration/updating from hours to minutes for Siemens AG.
  • Show more

Advisor and consultant vs small business consultant skills

Common advisor and consultant skills
  • Mutual Funds, 12%
  • Fixed Income, 12%
  • Client Relationships, 11%
  • Business Plan, 9%
  • Capital Markets, 6%
  • Financial Analysis, 6%
Common small business consultant skills
  • Customer Service, 57%
  • Business Clients, 11%
  • Outbound Calls, 6%
  • Strong Computer, 3%
  • Financial Statements, 3%
  • Business Development, 2%

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