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The differences between business development consultants and small business consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development consultant has an average salary of $85,153, which is higher than the $47,982 average annual salary of a small business consultant.
The top three skills for a business development consultant include healthcare, CRM and cloud. The most important skills for a small business consultant are customer service, business clients, and outbound calls.
| Business Development Consultant | Small Business Consultant | |
| Yearly salary | $85,153 | $47,982 |
| Hourly rate | $40.94 | $23.07 |
| Growth rate | 6% | 11% |
| Number of jobs | 168,111 | 116,476 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
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.
A small business consultant specializes in developing and recommending strategies to optimize the daily operations of small businesses. They typically meet with clients to identify their needs and preferences, determine their short and long-term goals, perform market research and analysis to find business or client opportunities, determine the strengths and weaknesses of current processes, and implement solutions against problem areas. They may also conduct risk assessments and help address issues and concerns, resolving them promptly and efficiently. Moreover, a small business consultant must devise a plan to implement the establishment's policies and regulations, suggesting new ones as needed.
Business development consultants and small business consultants have different pay scales, as shown below.
| Business Development Consultant | Small Business Consultant | |
| Average salary | $85,153 | $47,982 |
| Salary range | Between $52,000 And $137,000 | Between $34,000 And $66,000 |
| Highest paying City | Minneapolis, MN | - |
| Highest paying state | Pennsylvania | - |
| Best paying company | Veeva Systems | - |
| Best paying industry | Media | - |
There are a few differences between a business development consultant and a small business consultant in terms of educational background:
| Business Development Consultant | Small Business Consultant | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Northwestern University |
Here are the differences between business development consultants' and small business consultants' demographics:
| Business Development Consultant | Small Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.1% Female, 35.9% | Male, 59.0% Female, 41.0% |
| 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, 8.8% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 9.7% White, 67.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |