Business developers play a critical role in the growth and strategic direction of a company. Their responsibilities typically include identifying and developing new business opportunities, conducting market research, and building partnerships to drive company expansion[1].
Common duties and responsibilities of a business developer include:
- Identifying new business opportunities through market research and competitor analysis[5].
- Developing and maintaining relationships with potential clients and partners[3].
- Negotiating and closing business deals[5].
- Managing sales forecasts, business growth projections, and development plans[3].
- Coordinating with internal teams (sales, marketing, management) to align strategies[7].
- Preparing and delivering presentations to prospective clients[5].
- Monitoring industry and market trends to identify new opportunities[5].
- Producing analytical reports for management related to business growth and opportunities[3].
To excel in this role, a business developer should have a mix of key skills, such as:
- Strong communication and interpersonal skills for relationship building[6].
- Negotiation and persuasion skills for closing deals[8].
- Research and analytical abilities to assess markets and competitors[8].
- Business intelligence for understanding market trends and positioning[8].
- Project management and organizational skills[7].
- Strategic thinking to connect business objectives with market realities[1].
- Sales and marketing familiarity, including CRM and client management[2].
Typical qualifications and experience requirements include:
- Bachelor’s degree in business, marketing, or a related field[5].
- Experience in business development or sales, preferably B2B[7].
- Strong written and verbal communication skills[7].
- Proficiency with office software and CRM platforms[7].
- Project management experience is valued[7].
References
- [1] Business Developer – job description | JobTeaser
- [2] 15 Business Developer Skills For Your Resume
- [3] Business Development Manager Job Description – Go Construct
- [5] Business Developer: What Is It? and How to Become One?
- [6] The 9 Most Important Skills for Business Development
- [7] Business Developer Job Description [Updated for 2025] – Indeed
- [8] 5 Skills For A Successful Business Development Manager