Business development managers are responsible for managing expectations and developing business solutions for their organizations. They are in charge of creating effective business plans to generate more revenue, increase brand loyalty, and improve customer satisfaction.Some of their main duties include brainstorming with other business development staff to define the scope of the project, review requirements, and approve timeframes. They work well with other company managers to oversee the progress of business development. However, these individuals have strong leadership skills to motivate staff members, and they come up with innovative solutions for day-to-day development issues. Their main duties include managing client accounts and executing sales objectives. These development managers work in an office environment and use a personal computer to write reports, review business processes, and communicate with staff. They are proficient with office applications to modify spreadsheets and use a word processor to create proposals. They complete research to evaluate products and identify competitors. They use statistics to reach company goals within a given timeframe.A bachelor's degree in business management, administration, or a related field is required for this job. Previous years of work experience in a business development managing capacity can be helpful. Business and leadership certifications are a plus.

The role of a Business Development Manager in Canada is projected to grow steadily in the market. According to a 10-year analysis, the demand for these professionals is expected to increase significantly. As per Google data, a wide range of industries such as technology, finance, and healthcare are actively seeking skilled Business Development Managers to drive growth and expansion strategies. This positive trend suggests that there will be a considerable number of employment opportunities available in the future. To leverage this job growth, individuals interested in the Business Development Manager role should focus on developing relevant skills and staying updated with industry trends.

How to Learn

As a Business Development Manager in Canada with 3-6 years of experience, your main responsibilities include:<ul><li> Identify and pursue new business opportunities, conduct market research, and analyze industry trends to drive business growth.</li><li> Build and maintain strong relationships with clients, stakeholders, and key decision-makers, and negotiate contracts and agreements.</li><li> Develop and execute strategic sales plans, including prospecting, lead generation, and sales presentations, to achieve revenue targets.</li><li> Collaborate with cross-functional teams, such as marketing and product development, to align business strategies and ensure customer satisfaction.</li></ul>

Roles & Responsibilities

Average take home Salary for a Business Development Manager in Canada is around C$73612 per year

Salary Breakup

A Business Development Manager will be accountable in determining and implementing strategies to increase the company's client base and boost revenue. They are in charge of maintaining and building relationships with clients who are important to them and finding potential business growth opportunities. A Manager of Business Development Manager will also analyze the market and competition to determine the most effective strategy to increase the presence of the company on the market. They will work with other departments within the company to devise and implement efficient sales strategies and make sure that the growth objectives of the company are met.

Breakup	Range
Base Salary	null - null
Bonus	null - null
Commisssion	null - null
Profit Sharing	null - null
Total Pay	null - null

Business Development Manager

Salary Breakup

Skills That Affect Business Development Manager Salaries

Explore

More

Get in Touch with Us