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The differences between business team leaders and business partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business team leader, becoming a business partner takes usually requires 8-10 years. Additionally, a business team leader has an average salary of $101,197, which is higher than the $96,324 average annual salary of a business partner.
The top three skills for a business team leader include project management, direct reports and customer satisfaction. The most important skills for a business partner are analytics, project management, and customer service.
| Business Team Leader | Business Partner | |
| Yearly salary | $101,197 | $96,324 |
| Hourly rate | $48.65 | $46.31 |
| Growth rate | 6% | 10% |
| Number of jobs | 117,491 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 65% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
A business team leader oversees the activities of team members and leads them to reach project goals. They are responsible for establishing objectives and deadlines, setting guidelines, promoting policies and regulations, and developing strategies to complete tasks efficiently. Most business team leaders report directly to managers, regularly coordinating for a smooth workflow. Moreover, a business team leader is also in charge of delegating duties among staff, supervising performances, training new team members, monitoring the team's overall operations, and solving issues and concerns if any arise.
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 team leaders and business partners have different pay scales, as shown below.
| Business Team Leader | Business Partner | |
| Average salary | $101,197 | $96,324 |
| Salary range | Between $71,000 And $143,000 | Between $66,000 And $140,000 |
| Highest paying City | Mahwah, NJ | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Meta | ZS |
| Best paying industry | Technology | Technology |
There are a few differences between a business team leader and a business partner in terms of educational background:
| Business Team Leader | Business Partner | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between business team leaders' and business partners' demographics:
| Business Team Leader | Business Partner | |
| Average age | 44 | 39 |
| Gender ratio | Male, 59.2% Female, 40.8% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | 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% |