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The differences between corporate 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 corporate consultant and a small business consultant. Additionally, a corporate consultant has an average salary of $127,275, which is higher than the $47,982 average annual salary of a small business consultant.
The top three skills for a corporate consultant include project management, powerpoint and financial statements. The most important skills for a small business consultant are customer service, business clients, and outbound calls.
| Corporate Consultant | Small Business Consultant | |
| Yearly salary | $127,275 | $47,982 |
| Hourly rate | $61.19 | $23.07 |
| Growth rate | 11% | 11% |
| Number of jobs | 68,248 | 116,476 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A corporate consultant is a business expert; they provide advice, offer strategies to optimize operations, and solve business issues. They are responsible for conducting market research, conducting new market studies, gathering and assessing data from a business, and identifying the weaknesses and strengths of existing company programs. Through their research findings, a corporate consultant develops conclusions and recommendations to help companies make business decisions or achieve their goals.
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.
Corporate consultants and small business consultants have different pay scales, as shown below.
| Corporate Consultant | Small Business Consultant | |
| Average salary | $127,275 | $47,982 |
| Salary range | Between $97,000 And $165,000 | Between $34,000 And $66,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | New Jersey | - |
| Best paying company | FTI Consulting | - |
| Best paying industry | Professional | - |
There are a few differences between a corporate consultant and a small business consultant in terms of educational background:
| Corporate Consultant | Small Business Consultant | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between corporate consultants' and small business consultants' demographics:
| Corporate Consultant | Small Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.3% Female, 45.7% | Male, 59.0% Female, 41.0% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 11.2% White, 66.5% 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% |