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The differences between business development leads and business partners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business development lead and a business partner. Additionally, a business development lead has an average salary of $118,868, which is higher than the $96,324 average annual salary of a business partner.
The top three skills for a business development lead include project management, cloud and emerging technologies. The most important skills for a business partner are analytics, project management, and customer service.
| Business Development Lead | Business Partner | |
| Yearly salary | $118,868 | $96,324 |
| Hourly rate | $57.15 | $46.31 |
| Growth rate | 10% | 10% |
| Number of jobs | 172,226 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Business Development Leads oversee the continuous pursuit of growth opportunities for the company. They should be familiar with current industry trends and economic news. They should also be familiar with the business performance to identify areas for improvement and development. They should know the company's target market to help create marketing campaigns. Business development leads may also be asked to create product innovations that would cater to their target market's needs. They are expected to spearhead programs that aim to attract new clients and retain existing ones.
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Business development leads and business partners have different pay scales, as shown below.
| Business Development Lead | Business Partner | |
| Average salary | $118,868 | $96,324 |
| Salary range | Between $84,000 And $167,000 | Between $66,000 And $140,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Apple | ZS |
| Best paying industry | Technology | Technology |
There are a few differences between a business development lead and a business partner in terms of educational background:
| Business Development Lead | Business Partner | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development leads' and business partners' demographics:
| Business Development Lead | Business Partner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |