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Business co-owner vs business advisor

The differences between business co-owners and business advisors 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 $82,255 average annual salary of a business co-owner.

The top three skills for a business co-owner include customer service, financial statements and market research. The most important skills for a business advisor are customer service, project management, and business operations.

Business co-owner vs business advisor overview

Business Co-OwnerBusiness Advisor
Yearly salary$82,255$96,469
Hourly rate$39.55$46.38
Growth rate6%6%
Number of jobs99,125125,154
Job satisfaction--
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 67%
Average age4744
Years of experience6-

Business co-owner vs business advisor salary

Business co-owners and business advisors have different pay scales, as shown below.

Business Co-OwnerBusiness Advisor
Average salary$82,255$96,469
Salary rangeBetween $65,000 And $103,000Between $67,000 And $138,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-Amazon
Best paying industry-Technology

Differences between business co-owner and business advisor education

There are a few differences between a business co-owner and a business advisor in terms of educational background:

Business Co-OwnerBusiness Advisor
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Business co-owner vs business advisor demographics

Here are the differences between business co-owners' and business advisors' demographics:

Business Co-OwnerBusiness Advisor
Average age4744
Gender ratioMale, 43.3% Female, 56.7%Male, 63.9% Female, 36.1%
Race ratioBlack or African American, 9.3% Unknown, 5.0% Hispanic or Latino, 15.8% Asian, 6.7% White, 62.6% American Indian and Alaska Native, 0.7%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%
LGBT Percentage8%11%

Differences between business co-owner and business advisor duties and responsibilities

Business co-owner example responsibilities.

  • Manage the day to day operation/financial operations of Medicare certify home health agency.
  • Procure and train for new POS system.
  • Design a business website and Facebook site to promote and interact with customers.
  • Support weekly and monthly business invoice statements using QuickBooks.
  • Provide full service general remodeling service specializing in custom windows and doors installation.
  • Maintain all record-keeping for inventory integrity, accurate financial reporting to include payroll, invoicing, account collections and tax reporting.
  • Show more

Business advisor example 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.
  • Handle miscellaneous bookkeeping duties including payroll, payroll taxes, accounts receivable, accounts payable and financial statements for client companies.
  • Support the reengineering of the SME development area.
  • Show more

Business co-owner vs business advisor skills

Common business co-owner skills
  • Customer Service, 24%
  • Financial Statements, 12%
  • Market Research, 8%
  • Business Plan, 7%
  • Business Operations, 4%
  • Business Management, 4%
Common business advisor skills
  • Customer Service, 10%
  • Project Management, 8%
  • Business Operations, 8%
  • Strong Analytical, 8%
  • Healthcare, 7%
  • Human Resources, 4%

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