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Business development managers are responsible for driving business growth by developing contacts, identifying market opportunities and increasing sales.


Average salaries are in the region of £26,000.00 to £45,000.00. Salaries will vary depending on location / employer

Career Profile

Business development managers are responsible for driving business growth by developing contacts, identifying market opportunities and increasing sales.

What they do

A business development manager’s role encompasses a wide range of disciplines, from sales and marketing to financial planning, all focused on building the business through increased sales and market growth.

Business growth can come from other areas too, such as new market areas, partnerships and efficiencies enabled by IT developments – the business development manager’s role will require involvement in all of these areas, usually in close cooperation with colleagues.  

It is the job of the business development manager to identify new prospects as well as opportunities within the existing customer base, and to ensure that the business capitalises on these opportunities.

This will require constant networking and meetings – both internal and external – and is also likely to involve input into marketing activities such as exhibitions, sales materials and the company’s on-line activities.

Typical tasks include:

  • 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

Hours & Salary:

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 £18,000-£30,000
  • Trained with experience business development managers can earn in the region of £27,000-£45,000
  • Senior, chartered or master business development managers can earn in the region of £50,000-£70,000

Salaries typically depend on location, employer and level of responsibility. 


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Qualifications & Training

There 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 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.

Want to find out more?

Try our Matching Service for work experience opportunities in your local area, with new opportunities being added on a regular basis. 

Looking for a vacancy?

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The number of jobs vacancies related to your preferred job role may vary daily, as these are external websites. Check regularly to see new opportunities as they are posted.

 

Career trends and forecasts

4780 additional staff needed

The UK construction industry will need an additional 4780 senior, executive, and business process managers (which includes business development managers) to meet demand every year from 2017 - 2021, according to the latest Construction Skills Network research (LMI). The majority of this demand is in the South West followed by Greater London. 

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