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The differences between business development & sales executives and business partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a business development & sales executive, becoming a business partner takes usually requires 8-10 years. Additionally, a business development & sales executive has an average salary of $102,053, which is higher than the $96,324 average annual salary of a business partner.
The top three skills for a business development & sales executive include cloud, market trends and CRM. The most important skills for a business partner are analytics, project management, and customer service.
| Business Development & Sales Executive | Business Partner | |
| Yearly salary | $102,053 | $96,324 |
| Hourly rate | $49.06 | $46.31 |
| Growth rate | 5% | 10% |
| Number of jobs | 252,830 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 65% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
A business development executive is a management professional who is responsible for searching for new business leads and building contacts with potential clients to create new business opportunities that can drive business growth. This executive must be familiar with the products and services offered by the company so that they can procure clients through direct contact or word-of-mouth. The executive is required to create business proposals and contracts to draw in more profit from clients. This executive must also train staff members with the technical and social skills that are needed to enhance sales.
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 & sales executives and business partners have different pay scales, as shown below.
| Business Development & Sales Executive | Business Partner | |
| Average salary | $102,053 | $96,324 |
| Salary range | Between $64,000 And $162,000 | Between $66,000 And $140,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Amazon | ZS |
| Best paying industry | Transportation | Technology |
There are a few differences between a business development & sales executive and a business partner in terms of educational background:
| Business Development & Sales Executive | Business Partner | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between business development & sales executives' and business partners' demographics:
| Business Development & Sales Executive | Business Partner | |
| Average age | 46 | 39 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% 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 | 7% | 10% |