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A Look Over Business Development and Management When you start a business you should have a clear goal which includes the growth of your yearly sales. Making a business successful is actually harder than starting it because you will have to make sure that the business is going well and it is not stagnant. 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. this is the job of a business development manager and he helps you width is easing up the load for you as a businessman to tackle on the other areas of your business. The business development manager is actually the most important person in the business organisation because he needs to work with the people working in the marketing department, the internal department and other business seniors for the development of strategies for the improvement of sales which includes opportunities and more profits. The Different Responsibilities of A Business Development Manager
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Looking for new clients is a role of this person in the business organisation. looking for customers can be done by cold calling, advertising and networking.
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The development of influential strategies to approach clients is the second most important job of a business development manager as it promotes encouragement of the potential customers to do business with you. 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. Aside from the mentioned responsibilities, the business development manager Should also make a strategic planning for the growth of new businesses coming in the company. For all of these roles to be done efficiently the manager should make sound decisions aided by very good knowledge of the current market condition, provide insight on the services and products that the company provides and can provide as well as the identification of other competitors. For a job well done you can count on Richard Maize.