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The differences between partners and business partners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a partner and a business partner. Additionally, a business partner has an average salary of $96,324, which is higher than the $76,119 average annual salary of a partner.
The top three skills for a partner include patients, customer service and healthcare. The most important skills for a business partner are analytics, project management, and customer service.
| Partner | Business Partner | |
| Yearly salary | $76,119 | $96,324 |
| Hourly rate | $36.60 | $46.31 |
| Growth rate | 10% | 10% |
| Number of jobs | 45,758 | 106,251 |
| Job satisfaction | 1 | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.
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.
Partners and business partners have different pay scales, as shown below.
| Partner | Business Partner | |
| Average salary | $76,119 | $96,324 |
| Salary range | Between $31,000 And $182,000 | Between $66,000 And $140,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Sidley Austin | ZS |
| Best paying industry | - | Technology |
There are a few differences between a partner and a business partner in terms of educational background:
| Partner | Business Partner | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between partners' and business partners' demographics:
| Partner | Business Partner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.3% Female, 37.7% | Male, 56.2% Female, 43.8% |
| Race ratio | 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% | 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% |