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Business consultant vs business advisor

The differences between business consultants 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 $87,214 average annual salary of a business consultant.

The top three skills for a business consultant include data analysis, project management and strong analytical. The most important skills for a business advisor are customer service, project management, and business operations.

Business consultant vs business advisor overview

Business ConsultantBusiness Advisor
Yearly salary$87,214$96,469
Hourly rate$41.93$46.38
Growth rate11%6%
Number of jobs128,033125,154
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Average age4444
Years of experience4-

What does a business consultant do?

A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.

What does a business advisor do?

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.

Business consultant vs business advisor salary

Business consultants and business advisors have different pay scales, as shown below.

Business ConsultantBusiness Advisor
Average salary$87,214$96,469
Salary rangeBetween $64,000 And $117,000Between $67,000 And $138,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateAlaskaNew Jersey
Best paying companyZSAmazon
Best paying industryTechnologyTechnology

Differences between business consultant and business advisor education

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

Business ConsultantBusiness Advisor
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityWestern Carolina University

Business consultant vs business advisor demographics

Here are the differences between business consultants' and business advisors' demographics:

Business ConsultantBusiness Advisor
Average age4444
Gender ratioMale, 62.8% Female, 37.2%Male, 63.9% Female, 36.1%
Race ratioBlack or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.4% White, 65.1% American Indian and Alaska Native, 0.2%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 Percentage12%11%

Differences between business consultant and business advisor duties and responsibilities

Business consultant example responsibilities.

  • Partner with PMO and lead testing effort to ensure completeness of test data sets and to manage risk.
  • Manage requirements gathering, identify KPI s, and oversee design and architecture decisions.
  • Manage various SOX, HIPAA and PCI compliance projects from the planning stages to completion.
  • Apply the specific rules for HIPAA X12, Medicaid manage care requirements and industry best practices for transaction handling.
  • Manage external technology suppliers to assure functional operations and system architecture meet the business needs.
  • Perform successful UAT - good knowledge & experience in SDLC - SQL querying and data analysis.
  • 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 consultant vs business advisor skills

Common business consultant skills
  • Data Analysis, 10%
  • Project Management, 9%
  • Strong Analytical, 8%
  • Analytics, 7%
  • Healthcare, 5%
  • Tableau, 5%
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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