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The differences between managers of business consulting and business owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a manager of business consulting and a business owner. Additionally, a manager of business consulting has an average salary of $129,326, which is higher than the $50,934 average annual salary of a business owner.
The top three skills for a manager of business consulting include shared services, financial services and project management. The most important skills for a business owner are customer service, payroll, and financial statements.
| Manager Of Business Consulting | Business Owner | |
| Yearly salary | $129,326 | $50,934 |
| Hourly rate | $62.18 | $24.49 |
| Growth rate | 6% | 6% |
| Number of jobs | 238,910 | 107,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 52% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A manager of business consulting helps an organization operate better by resolving issues, maximizing growth, and improving business performance. His/Her or her responsibilities include collecting data to understand the organization, conducting business analysis, and managing projects and programs. The essential skills for the job include the ability to work as part of a team, good communication, problem-solving, and analytical skills, and knowledge of business environments. The job's education requirements include obtaining a degree in business, economics, or other related fields.
Business owners, also known as Entrepreneurs, are responsible for their company and brand's success. There are many areas of responsibility when you're a business owner, such as in the aspects of planning and budgeting, arranging finances and legal documentation, and even hiring the workforce essential for the business to grow. However, these responsibilities will vary according to how a business owner will uphold them. Moreover, building a business from the ground up requires dedication and a vision and mission for the brand.
Managers of business consulting and business owners have different pay scales, as shown below.
| Manager Of Business Consulting | Business Owner | |
| Average salary | $129,326 | $50,934 |
| Salary range | Between $95,000 And $174,000 | Between $27,000 And $94,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | SAP | BD |
| Best paying industry | Internet | Retail |
There are a few differences between a manager of business consulting and a business owner in terms of educational background:
| Manager Of Business Consulting | Business Owner | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between managers of business consulting' and business owners' demographics:
| Manager Of Business Consulting | Business Owner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 62.0% Female, 38.0% | Male, 51.4% Female, 48.6% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% American Indian and Alaska Native, 0.5% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |