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The differences between business consultants and business development consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business consultant has an average salary of $87,214, which is higher than the $85,153 average annual salary of a business development consultant.
The top three skills for a business consultant include data analysis, project management and strong analytical. The most important skills for a business development consultant are healthcare, CRM, and cloud.
| Business Consultant | Business Development Consultant | |
| Yearly salary | $87,214 | $85,153 |
| Hourly rate | $41.93 | $40.94 |
| Growth rate | 11% | 6% |
| Number of jobs | 128,033 | 168,111 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | 4 | - |
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.
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
Business consultants and business development consultants have different pay scales, as shown below.
| Business Consultant | Business Development Consultant | |
| Average salary | $87,214 | $85,153 |
| Salary range | Between $64,000 And $117,000 | Between $52,000 And $137,000 |
| Highest paying City | San Francisco, CA | Minneapolis, MN |
| Highest paying state | Alaska | Pennsylvania |
| Best paying company | ZS | Veeva Systems |
| Best paying industry | Technology | Media |
There are a few differences between a business consultant and a business development consultant in terms of educational background:
| Business Consultant | Business Development Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Western Carolina University |
Here are the differences between business consultants' and business development consultants' demographics:
| Business Consultant | Business Development Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 62.8% Female, 37.2% | Male, 64.1% Female, 35.9% |
| Race ratio | Black 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 Percentage | 12% | 11% |