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The differences between business co-owners and business development specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business co-owner has an average salary of $82,255, which is higher than the $57,410 average annual salary of a business development specialist.
The top three skills for a business co-owner include customer service, financial statements and market research. The most important skills for a business development specialist are work ethic, CRM, and customer service.
| Business Co-Owner | Business Development Specialist | |
| Yearly salary | $82,255 | $57,410 |
| Hourly rate | $39.55 | $27.60 |
| Growth rate | 6% | 10% |
| Number of jobs | 99,125 | 182,116 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 73% |
| Average age | 47 | 44 |
| Years of experience | 6 | - |
Business co-owners and business development specialists have different pay scales, as shown below.
| Business Co-Owner | Business Development Specialist | |
| Average salary | $82,255 | $57,410 |
| Salary range | Between $65,000 And $103,000 | Between $38,000 And $85,000 |
| Highest paying City | - | Jersey City, NJ |
| Highest paying state | - | Wisconsin |
| Best paying company | - | Corsair |
| Best paying industry | - | Finance |
There are a few differences between a business co-owner and a business development specialist in terms of educational background:
| Business Co-Owner | Business Development Specialist | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between business co-owners' and business development specialists' demographics:
| Business Co-Owner | Business Development Specialist | |
| Average age | 47 | 44 |
| Gender ratio | Male, 43.3% Female, 56.7% | Male, 50.7% Female, 49.3% |
| Race ratio | Black 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 Percentage | 8% | 11% |