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The differences between regional business managers and business partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a regional business manager, becoming a business partner takes usually requires 8-10 years. Additionally, a regional business manager has an average salary of $124,644, which is higher than the $96,324 average annual salary of a business partner.
The top three skills for a regional business manager include patients, regional business and sales strategies. The most important skills for a business partner are analytics, project management, and customer service.
| Regional Business Manager | Business Partner | |
| Yearly salary | $124,644 | $96,324 |
| Hourly rate | $59.92 | $46.31 |
| Growth rate | 5% | 10% |
| Number of jobs | 148,007 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 65% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
A regional business manager is responsible for monitoring the overall business transactions and sales performance of a company within the designated region. Regional business managers review and negotiate business contracts with existing and potential clients and acknowledge their requests according to business regulations. They respond to the clients' inquiries and concerns regarding the company's services and discuss campaigns with the marketing and sales department. A regional business manager must have excellent communication and leadership skills, especially in handling the staff's performance and facilitating programs to reach their maximum potential and productivity.
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.
Regional business managers and business partners have different pay scales, as shown below.
| Regional Business Manager | Business Partner | |
| Average salary | $124,644 | $96,324 |
| Salary range | Between $94,000 And $164,000 | Between $66,000 And $140,000 |
| Highest paying City | Salem, OR | San Francisco, CA |
| Highest paying state | Oregon | Washington |
| Best paying company | BNP Paribas | ZS |
| Best paying industry | Pharmaceutical | Technology |
There are a few differences between a regional business manager and a business partner in terms of educational background:
| Regional Business Manager | Business Partner | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between regional business managers' and business partners' demographics:
| Regional Business Manager | Business Partner | |
| Average age | 46 | 39 |
| Gender ratio | Male, 73.1% Female, 26.9% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% 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 | 7% | 10% |