This job helps businesses grow, which improves the economy and creates new opportunities for everyone. It’s an important role in government offices, international organizations, and marketing fields. As technologies advance, this job will remain important, with good opportunities for advancement.
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Business Development Manager
Business Development Manager
Organize
Persuade
Business Development managers help businesses grow and succeed, which creates more jobs and makes communities stronger. They encourage more businesses to open new locations and invest in communities, helping cities and towns grow, and become better places to live.
Salary Information
Pay Range: $51,584 to $149,323 per year
Average Salary: Around $89,148 per year
MAIN RESPONSIBILITIES
- Create rules for businesses: Create rules and programs to help businesses invest in and grow in cities and rural areas.
- Study the market: Research trends including how people spend money and what businesses need to grow in an area, across the country, or even worldwide.
- Plan projects: Help plan projects and work with business owners, community groups, and the government.
- Find opportunities: Look for ways to attract new businesses and investors.
- Give advice: Help start new businesses and answer people’s questions about business opportunities.
DAILY TASKS
- Conduct surveys to better understand what people want and need.
- Study data about what people need and want to buy and what businesses are popular.
- Come up with plans to help businesses grow and attract investors.
- Write reports and give advice based on the information you have researched.
EDUCATIONAL REQUIREMENTS
- Education: A university degree in economics, business, or public administration.
- Training: Certifications in economic development or marketing research are an asset.
- Additional skills: Understanding market research is very useful.
JOB REQUIREMENTS
- Studying data: Analyze data about customers, markets, and trends.
- Making plans: Create and plan policies to help businesses and communities grow.
- Talking and leading: Share your ideas clearly and work well with different people to meet goals.
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