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The differences between business partners and business manager-finance 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 manager-finance manager takes usually requires 6-8 years. Additionally, a business manager-finance manager has an average salary of $106,036, which is higher than the $96,324 average annual salary of a business partner.
The top three skills for a business partner include analytics, project management and customer service. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.
| Business Partner | Business Manager-Finance Manager | |
| Yearly salary | $96,324 | $106,036 |
| Hourly rate | $46.31 | $50.98 |
| Growth rate | 10% | 17% |
| Number of jobs | 106,251 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| 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.
A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.
Business partners and business manager-finance managers have different pay scales, as shown below.
| Business Partner | Business Manager-Finance Manager | |
| Average salary | $96,324 | $106,036 |
| Salary range | Between $66,000 And $140,000 | Between $73,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | ZS | ZS |
| Best paying industry | Technology | Finance |
There are a few differences between a business partner and a business manager-finance manager in terms of educational background:
| Business Partner | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between business partners' and business manager-finance managers' demographics:
| Business Partner | Business Manager-Finance Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 56.2% Female, 43.8% | Male, 58.8% Female, 41.2% |
| 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 11% |