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The differences between business management consultants and small business consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business management consultant and a small business consultant. Additionally, a business management consultant has an average salary of $107,407, which is higher than the $47,982 average annual salary of a small business consultant.
The top three skills for a business management consultant include project management, client facing and healthcare. The most important skills for a small business consultant are customer service, business clients, and outbound calls.
| Business Management Consultant | Small Business Consultant | |
| Yearly salary | $107,407 | $47,982 |
| Hourly rate | $51.64 | $23.07 |
| Growth rate | 11% | 11% |
| Number of jobs | 171,313 | 116,476 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business management consultant develops and recommends strategies to optimize the daily operations of businesses. They typically perform extensive research and analysis to identify new business and client opportunities, find ways to enhance resources, gather and analyze data, determine the strengths and weaknesses of current operations, and develop solutions against problem areas. They may also perform risk assessments and audits, assess the workforce performance, and evaluate the existing policies and regulations of the company, suggesting new ones as necessary.
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 management consultants and small business consultants have different pay scales, as shown below.
| Business Management Consultant | Small Business Consultant | |
| Average salary | $107,407 | $47,982 |
| Salary range | Between $80,000 And $143,000 | Between $34,000 And $66,000 |
| Highest paying City | Washington, DC | - |
| Highest paying state | Colorado | - |
| Best paying company | Applied Materials | - |
| Best paying industry | Internet | - |
There are a few differences between a business management consultant and a small business consultant in terms of educational background:
| Business Management Consultant | Small Business Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business management consultants' and small business consultants' demographics:
| Business Management Consultant | Small Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 63.6% Female, 36.4% | Male, 59.0% Female, 41.0% |
| Race ratio | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.0% White, 65.9% American Indian and Alaska Native, 0.2% | 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 | 12% | 12% |