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The differences between business strategy 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 strategy consultant and a small business consultant. Additionally, a business strategy consultant has an average salary of $115,742, which is higher than the $47,982 average annual salary of a small business consultant.
The top three skills for a business strategy consultant include cloud, business cases and project management. The most important skills for a small business consultant are customer service, business clients, and outbound calls.
| Business Strategy Consultant | Small Business Consultant | |
| Yearly salary | $115,742 | $47,982 |
| Hourly rate | $55.65 | $23.07 |
| Growth rate | 11% | 11% |
| Number of jobs | 123,920 | 116,476 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business strategy consultant specializes in developing strategies to help a company achieve its short and long-term goals. Their responsibilities typically include understanding the needs of the company, performing research and analysis to identify new business opportunities, gathering and analyzing data to determine the strengths and weaknesses of current operations, studying the competitors, and preparing detailed analysis reports and presentations for clients. It is also their duty to monitor the progress of implemented strategies, conducting corrective measures when needed. Furthermore, a business strategy consultant must adhere to the company's policies and regulations, including its vision and mission.
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 strategy consultants and small business consultants have different pay scales, as shown below.
| Business Strategy Consultant | Small Business Consultant | |
| Average salary | $115,742 | $47,982 |
| Salary range | Between $79,000 And $169,000 | Between $34,000 And $66,000 |
| Highest paying City | Dallas, TX | - |
| Highest paying state | Texas | - |
| Best paying company | - | |
| Best paying industry | Utilities | - |
There are a few differences between a business strategy consultant and a small business consultant in terms of educational background:
| Business Strategy Consultant | Small Business Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business strategy consultants' and small business consultants' demographics:
| Business Strategy Consultant | Small Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.3% Female, 34.7% | Male, 59.0% Female, 41.0% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% 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% |