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A Quick Guide to Business Development starting up a business would require a businessman to have clear goals, one of these should be the raise of the sales done every year. While it might be easier to begin a business when compared to making it grow, one of the goals should include a huge change in the business in terms of success. for a business to become a success one must give plenty of effort and time and those are necessary investments. an annual revenue of $250,000 is made by only one tenth of one percent businesses according to a research. when you start a business it doesn’t just stop there you should also plan on the business development which includes making strategies for its growth and it should cover the perception from the market, the growth in the market, product development different channels,And new products. With all of these having to manage as well as other concerns in business the business man will surely need some help this is where a business development manager is required. this person is actually one of the most sensual person in the organisation as he make sure that sound strategies are being developed for the enhancing opportunities and profits regarding sales, he also works with the marketing department, the internal team and other seniors so that the strategies are well plant and agreed to. The Work Description of a Business Development Manager
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business development manager’s expertise is the search for new clients. this is done by different ways such as advertising, cold calling and networking
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for the potential clients to be encouraged in doing business with a company, the business development manager should plan approaches that are influential. Business development managers are also responsible for the development of a bond is actually very important for the development of the business. this is made possible by good customer service or support and setting targets. because developing a good bond with a new customers is not enough it is also important to add new account and retain the existing account this is another responsibility of the business development manager. this manager also ensures the development of strategies for the new businesses which are working with the company in terms of growth. For a business development manager to do all the roles effectively you must be backed with a good knowledge regarding the current market condition and provide insight on more products or services that a business can offer additionally he also knows the competitors of the company. For a job well done you can count on Richard Maize.