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The differences between business advisors and business partners can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business advisor has an average salary of $96,469, which is higher than the $96,324 average annual salary of a business partner.
The top three skills for a business advisor include customer service, project management and business operations. The most important skills for a business partner are analytics, project management, and customer service.
| Business Advisor | Business Partner | |
| Yearly salary | $96,469 | $96,324 |
| Hourly rate | $46.38 | $46.31 |
| Growth rate | 6% | 10% |
| Number of jobs | 125,154 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| Average age | 44 | 39 |
| Years of experience | - | 10 |
Business Advisors are consultants responsible for implementing business strategies to improve financial and operational efficiency. They are involved in preparing financial budgets, recommending a change in the operational process, identifying new business opportunities, evaluating a marketing strategy, and reviewing supplier and labor contracts. Business advisors also help to manage risk by performing risk analysis and consumer behavioral analysis. They are involved in report preparation and work to maintain open communication with different departments to implement change.
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Business advisors and business partners have different pay scales, as shown below.
| Business Advisor | Business Partner | |
| Average salary | $96,469 | $96,324 |
| Salary range | Between $67,000 And $138,000 | Between $66,000 And $140,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Amazon | ZS |
| Best paying industry | Technology | Technology |
There are a few differences between a business advisor and a business partner in terms of educational background:
| Business Advisor | Business Partner | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Georgia |
Here are the differences between business advisors' and business partners' demographics:
| Business Advisor | Business Partner | |
| Average age | 44 | 39 |
| Gender ratio | Male, 63.9% Female, 36.1% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 10% |