Business Advisor

What is a business advisor?

A business advisor supports small and medium enterprises through strategy, finance, and operational guidance. The role involves helping start‑ups grow, offering funding advice, and mentoring clients through significant changes and processes.

• Analyse client needs and develop tailored business solutions.
• Build and maintain positive relationships with partners, customers, and associates.
• Coach, communicate, and mentor clients to achieve their objectives.
• Conduct meetings, stay updated on industry news, research companies, and communicate with clients.
• Offer guidance on training, workshops, and business growth initiatives.

Most business advisors hold a degree or related qualification in business management, finance, recruitment, HR, accounting, banking, marketing, or general business. Employers also value relevant work experience such as managing a company, leading a team, or advising others on business development.

• Marketing, sales, leadership, and management experience.
• Excellent communication, problem‑solving, and organisational skills.
• Numeracy, English, and interpersonal communication competence.
• Analytical skills to produce reports and evaluate plans.
• Ability to work independently, in teams, across multiple projects, and under pressure.
• IT proficiency, social media awareness, and understanding of the evolving business landscape.

Entry‑level business advisors can expect £18,000 to £25,000. With experience or a specialist role, earnings can rise to £40,000 or higher for senior consultants or economic development advisors.

Advancement opportunities include managing larger teams, handling higher‑profile clients, or moving to another organisation. Many advisors transition to self‑employment or consultancy, while others progress to management consulting, development officer, or business analyst roles.