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The differences between business partners and heads of business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business partner and a head of business development. Additionally, a head of business development has an average salary of $134,190, 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 head of business development are cloud, C++, and project management.
| Business Partner | Head Of Business Development | |
| Yearly salary | $96,324 | $134,190 |
| Hourly rate | $46.31 | $64.51 |
| Growth rate | 10% | 10% |
| Number of jobs | 106,251 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 63% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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 head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
Business partners and heads of business development have different pay scales, as shown below.
| Business Partner | Head Of Business Development | |
| Average salary | $96,324 | $134,190 |
| Salary range | Between $66,000 And $140,000 | Between $94,000 And $191,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | ZS | Meta |
| Best paying industry | Technology | Telecommunication |
There are a few differences between a business partner and a head of business development in terms of educational background:
| Business Partner | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business partners' and heads of business development' demographics:
| Business Partner | Head Of Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 56.2% Female, 43.8% | Male, 74.2% Female, 25.8% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |