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The differences between business partners and business account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business partner, becoming a business account manager takes usually requires 6-8 years. Additionally, a business partner has an average salary of $96,324, which is higher than the $68,498 average annual salary of a business account manager.
The top three skills for a business partner include analytics, project management and customer service. The most important skills for a business account manager are customer service, product knowledge, and account management.
| Business Partner | Business Account Manager | |
| Yearly salary | $96,324 | $68,498 |
| Hourly rate | $46.31 | $32.93 |
| Growth rate | 10% | 5% |
| Number of jobs | 106,251 | 212,532 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
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 Account Managers are experienced employees who manage client accounts. Companies usually employ them as distributors, retailers, manufacturers, or any other company with various business partnerships or dealings. They are in charge of managing the company's relationship with a specific client or group. They are the point of contact for these clients regarding requests or concerns related to company products or services. Business account managers ensure that the clients' concerns are properly addressed. They also ensure client loyalty and build harmonious working relationships with their assigned clients.
Business partners and business account managers have different pay scales, as shown below.
| Business Partner | Business Account Manager | |
| Average salary | $96,324 | $68,498 |
| Salary range | Between $66,000 And $140,000 | Between $44,000 And $104,000 |
| Highest paying City | San Francisco, CA | Redmond, WA |
| Highest paying state | Washington | New Jersey |
| Best paying company | ZS | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a business partner and a business account manager in terms of educational background:
| Business Partner | Business Account Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between business partners' and business account managers' demographics:
| Business Partner | Business Account Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 56.2% Female, 43.8% | Male, 55.8% Female, 44.2% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |