Post job

Business development specialist vs business advisor

The differences between business development specialists 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 $57,410 average annual salary of a business development specialist.

The top three skills for a business development specialist include work ethic, CRM and customer service. The most important skills for a business advisor are customer service, project management, and business operations.

Business development specialist vs business advisor overview

Business Development SpecialistBusiness Advisor
Yearly salary$57,410$96,469
Hourly rate$27.60$46.38
Growth rate10%6%
Number of jobs182,116125,154
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 67%
Average age4444
Years of experience--

What does a business development specialist do?

A business development specialist is an expert who determines opportunities for marketing strategy optimization and business growth. The specialists perform business process and financial analysis, effective network creation, and business plan implementation. Being a good business development specialist requires knowledge and experience in managing a business. The skillset for the position includes a strong command in English, information technology, attention to detail, and written and verbal communication.

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 development specialist vs business advisor salary

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

Business Development SpecialistBusiness Advisor
Average salary$57,410$96,469
Salary rangeBetween $38,000 And $85,000Between $67,000 And $138,000
Highest paying CityJersey City, NJSan Francisco, CA
Highest paying stateWisconsinNew Jersey
Best paying companyCorsairAmazon
Best paying industryFinanceTechnology

Differences between business development specialist and business advisor education

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

Business Development SpecialistBusiness Advisor
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Business development specialist vs business advisor demographics

Here are the differences between business development specialists' and business advisors' demographics:

Business Development SpecialistBusiness Advisor
Average age4444
Gender ratioMale, 50.7% Female, 49.3%Male, 63.9% Female, 36.1%
Race ratioBlack 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between business development specialist and business advisor duties and responsibilities

Business development specialist example responsibilities.

  • Utilize a number of sales tools such as SalesForce to manage pipeline.
  • Develop and manage all SEO, SEM, and all social media platforms and authore all content.
  • Manage and coordinate a successful implementation of a cloud-base ERP system.
  • Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
  • Take inbound and make some outbound calls as necessary to assist customers with billing, account information and troubleshoot technical issues.
  • Experience connecting databases in SQL with the software application.
  • 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 development specialist vs business advisor skills

Common business development specialist skills
  • Work Ethic, 10%
  • CRM, 9%
  • Customer Service, 7%
  • Healthcare, 6%
  • Sales Process, 4%
  • Salesforce, 4%
Common business advisor skills
  • Customer Service, 10%
  • Project Management, 8%
  • Business Operations, 8%
  • Strong Analytical, 8%
  • Healthcare, 7%
  • Human Resources, 4%

Browse business and financial jobs