Business Development Manager
Business development managers are responsible for driving business growth by developing contacts, identifying market opportunities and increasing sales.
- Creating development plans and growth projections
- Identifying market opportunities through meetings, networking and other channels
- Meeting existing and potential clients
- Liaising with colleagues to develop sales and marketing strategies
- Preparing financial projections and sales targets
- Attending events such as exhibitions and conferences
- Preparing sales presentations
- Participating in sales meetings
- Producing reports for management
- The typical working week for a business development manager will be standard office working hours, Monday-Friday. There may be times where you would need to work in the evening and at weekends, if you're attending events or exhibitions.
- Newly trained business development managers can earn in the region of £28,000-£30,000
- Trained with experience business development managers can earn in the region of £30,000-£45,000
- Senior, chartered or master business development managers can earn in the region of £45,000-£70,000
Qualifications & TrainingThere are no formal academic qualifications necessary to get into business development management but the role does require a good standard of numeracy and literacy. So anyone considering this as a career should aim for GCSE Maths and English grade 4 (C) or their equivalent, such as the Welsh Baccalaureate or Scottish Nationals as a minimum. In terms of further education, a degree or equivalent in subjects such as finance, marketing or business management would certainly be an asset.