Developing strategic ideas or proposals to make a company successful and increase revenue, is the job of a Business Development Manager. They must be able to identify industry openings, and be an expert negotiator. Being able to execute expansion tactics and meeting fiscal targets helps a business to grow and become successful. Growing and advertising that company is the primary role of a Business development manager.
Their responsibilities include acquiring an extensive comprehension of present market trends and developments, networking with clients, conducting presentations of new proposals, negotiating and making deals. Business development professionals can earn over
$100,000. However, this is dependent on their experience, the company size, location, and client base. Benefits may include vacation and health care packages inclusive of dental and vision, life insurance and pension plans.
Account and sales managers usually progress to being business development managers. Business development managers then advance to marketing director, vice president of business development and business development director, positions.

1. Effective development, training, and proposal skills
2. Work on own initiative
3. Communicate effectively – oral and written
4. Excellent methodical, tactical, and sales skills
5. Negotiation skills
6. Superior interpersonal skills
7. High-quality networking skills
8. Energetic

Comprehension of the associated industry is important. Business Development Manager should hold a first degree and/or a minimum of two to five years experience. Large cooperation’s, however, hire prospects with a masters degree specifically in business administration. Candidates, for this position, must have both outstanding numeric and literary capabilities as this assists their performance. Being able to multitask is also essential.