How To Become A Business Advisor: What It Is and Career Path

What is a business advisor and how to become one

Updated January 8, 2025

3 min read

Business advisors are also known as business consultants. As the name implies, they are responsible for creating a proper strategy to improve a business. As a business advisor, you are in charge of planning and carrying out business strategies to help improve business services and upgrade its financial status. Other responsibilities include budgeting for business projects, analyzing financial records, improving operational services, marketing and sales, and identifying opportunities and means for expansion. Also, you should be aware of what consumers want, competitor behaviors, and products and use the information to the advantage of the business.

You must have leadership skills, management skills, interpersonal skills, communication skills, and problem-solving skills. You must also be a strategic thinker, and you should know about business operations and strategic planning. Most business advisors have a bachelor's degree in business, accounting, finance, or a related course. Business advisors earn an average of $83,257 per year.

ScoreBusiness AdvisorUS Average

Salary

7.5

Avg. Salary $96,469

Avg. Salary $59,228

Stability level

9.6

Growth rate 6%

Growth rate 0.3%

Diversity

4.3

Race

American Indian and Alaska Native 0.43%

Asian 8.83%

Black or African American 6.36%

Hispanic or Latino 9.39%

Unknown 4.56%

White 70.43%

Gender

female 36.12%

male 63.88%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress level

9.6

Stress level is very high

7.1 - high

Complexity level

9.2

Complexity level is advanced

7 - challenging

Work life balance

3.6

Work life balance is poor

6.4 - fair

Key steps to become a business advisor

Explore business advisor education requirements

Most common business advisor degrees

Bachelor's

66.8 %

Master's

16.7 %

Associate

8.8 %

Start to develop specific business advisor skills

Skills	Percentages
Customer Service	10.00%
Project Management	8.35%
Business Operations	8.35%
Strong Analytical	8.21%
Healthcare	7.34%

Research business advisor duties and responsibilities

Manage training and presentation collateral on SharePoint system, resulting in recycling of documentation for consistent messaging across enterprise.
Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
Prepare financial statements, payroll tax reports, and advise small business clients on accounting and financial management matters.
Provide a supplement team in an effort to create a cloud computing architecture team at a major telecommunications company.

Get business advisor experience

Prepare your business advisor resume

When your background is strong enough, you can start writing your business advisor resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a business advisor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable business advisor resume templates

Build a professional business advisor resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your business advisor resume.