Business Development Manager Job Responsibilities


A business development manager is an individual who has to work with organizations in order develop, generate and expand new business opportunities.  The exact job responsibilities of a business development manager vary depending on the company or the business service provided by the organization.  An individual aspiring to work as a business development manager needs to possess strong negotiation as well as business administration skill. Some job responsibilities of a business development manager are mentioned below.

Business Development Manager Job Responsibilities

  • A business development manager is responsible for identifying ideas that are trendsetting with the help of industry research, publications, contributions of tracking individuals, related events and announcements.
  • A business development manager is responsible for locating and proposing business deals by discovering opportunities.
  • A business development manager is responsible for screening potential business deals after making an analysis of all market strategies.
  • A business development manager is responsible for recommending equity investments.
  • A business development manager is responsible for developing negotiation strategies after examining risks and potentials and also estimating the needs of the organization.
  • A business development manager is responsible for closing business deals.
  • A business development manager is responsible for negotiating as well as developing contracts and integrating the requirements of the contract along with business requirements.
  • A business development manager is also responsible for updating job knowledge by reading professional publications, taking part in professional organizations and maintaining public relation.
  • A business development manager is responsible for screening deal requirements and also resolving internal priorities after evaluation of options.
  • A business development manager is responsible for improving the reputation of an organization by exploring personal networks and accomplishing new requests.
  • A business development manager is responsible for preparing presentations and contract proposals  and meet prospective clients.

Category: Management Job Responsibilities

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