Nature of the Work

A business specialist is often referred to as a business consultant. He reviews a company's internal processes, procedures and policies and provides recommendations for improvement. A business specialist generally has expertise in industry practices and helps a firm learn about competitors' initiatives and actions.

Education

A business consultant usually has a bachelor's degree in a business-related field, although professionals with liberal arts backgrounds are not uncommon in the field.

Salary

Compensation levels for business specialists vary by company, location and industry. According to the career information website Indeed.com, a business specialist earned an annual median salary of $71,000 as of 2010.

Career Development

A business specialist can improve her chances of advancement by performing well and attending professional training sessions regularly. She also can seek a higher degree, such as a master's degree, in a business-related field.

Working Conditions

A business consultant has a flexible work schedule and travels periodically to meet with domestic or international clients.