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Business specialist vs business partner

The differences between business specialists and business partners can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business partner has an average salary of $96,324, which is higher than the $73,521 average annual salary of a business specialist.

The top three skills for a business specialist include patients, customer service and product knowledge. The most important skills for a business partner are analytics, project management, and customer service.

Business specialist vs business partner overview

Business SpecialistBusiness Partner
Yearly salary$73,521$96,324
Hourly rate$35.35$46.31
Growth rate4%10%
Number of jobs95,909106,251
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 65%
Average age4439
Years of experience-10

What does a business specialist do?

A business specialist's role is to perform research and analysis to determine the company's strengths and weaknesses, aiming to improve and develop areas for optimal performance. Their responsibilities revolve around coordinating with different departments to gather relevant data, identifying new opportunities and ways to meet clients' needs, devising strategies and programs for profit growth, and developing new processes for business efficiency. Furthermore, it is essential to provide corrective measures on various issues and concerns, all while implementing the company's policies and regulations.

What does a business partner do?

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 specialist vs business partner salary

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

Business SpecialistBusiness Partner
Average salary$73,521$96,324
Salary rangeBetween $44,000 And $120,000Between $66,000 And $140,000
Highest paying CitySeattle, WASan Francisco, CA
Highest paying stateWashingtonWashington
Best paying companyBP America IncZS
Best paying industry-Technology

Differences between business specialist and business partner education

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

Business SpecialistBusiness Partner
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityUniversity of Georgia

Business specialist vs business partner demographics

Here are the differences between business specialists' and business partners' demographics:

Business SpecialistBusiness Partner
Average age4439
Gender ratioMale, 48.1% Female, 51.9%Male, 56.2% Female, 43.8%
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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage11%10%

Differences between business specialist and business partner duties and responsibilities

Business specialist example responsibilities.

  • Manage existing accounts while identifying new sources of opportunities for sales in the SME segment through cold calling and prospecting.
  • Schedule appointments for estimates for replacement windows, doors, bathroom remodels, gutter replacements, etc.
  • Contribute to product development and roll out of multiple insulation, foam, windows & siding products.
  • Analyze weekly POS data to identify product trends, additional sales opportunities, and drive sales to exceed budgets.
  • Observe strict confidentiality within HIPAA regulations.
  • Work with electronic medical records system uploading documents into patients files.
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Business partner example responsibilities.

  • Manage publicity online, in medias such as Facebook and Instagram.
  • Negotiate and manage vendor relations using SLA's and metric management.
  • Lead the establishment of key ERP, database and java applications environments.
  • Implement and manage social media strategies and blog content as well as customer relationships on Salesforce.com.
  • Lead all operational, financial and customer relationship aspects of MMI's largest global OEM customer, IBM.
  • Plan, manage, supervise and lead the development, QA, UAT and deployment efforts towards on time delivery.
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Business specialist vs business partner skills

Common business specialist skills
  • Patients, 16%
  • Customer Service, 14%
  • Product Knowledge, 7%
  • Power Bi, 7%
  • Data Analysis, 4%
  • Treasury, 4%
Common business partner skills
  • Analytics, 8%
  • Project Management, 7%
  • Customer Service, 6%
  • Human Resources, 5%
  • Performance Management, 5%
  • Excellent Interpersonal, 4%

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