Business Development Manager
Business & Management
Perform development, marketing and management functions associated with owning and operating a business.
What Business Development Managers Do
Perform development, marketing and management functions associated with owning and operating a business.
Common Tasks
Chief Executives
- 1Direct or coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency.
- 2Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
- 3Prepare budgets for approval, including those for funding or implementation of programs.
- 4Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
- 5Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
Types of Business Development Managers
Work Environment
Locations
- • Corporate offices
- • Retail and service businesses
- • Manufacturing and distribution facilities
- • Government agencies
- • Colleges and universities
Schedule
Most roles follow a regular weekday schedule, but long hours are common and time pressure can be high, especially for managers and executives.
Physical Demands
Work is primarily sedentary with significant sitting and computer use, plus meetings and occasional walking around facilities. Physical strain is generally low, but repetitive motions and prolonged sitting can be common.
Salary & Job Outlook
National Employment: 4,125,400 jobs
Top Paying States
Why Demand May Grow
As companies expand, open new locations, and respond to competitive pressure, they need managers to improve operations, budgets, and performance. Ongoing business formation and growth in service industries can also increase demand for leadership and operations roles.
Skills You'll Need
Pros & Cons
Pros
- • Strong earning potential, especially with experience
- • Wide range of industries and career paths
- • Opportunities to lead teams and make decisions
- • Transferable skills that support entrepreneurship
- • High number of job openings in operations roles
Cons
- • High responsibility and time pressure
- • Long hours and after-hours availability may be expected
- • Performance is closely tied to business results and budgets
- • Work can involve conflict management and difficult decisions
- • Advancement to executive roles is highly competitive
Common Questions About the Business Development Manager Trade
Ready to Get Started?
Not Sure This Trade is Right?
Take our free career quiz to discover trades that match your interests and skills.
Take the Career Quiz