What is a Business Development Specialist?
When companies want to invest in a profession to help their business prosper and grow, they turn to a Business Development Specialist. This individual uses their experience and business acumen to identify ways to promote and maintain brand relevance in the face of competition. Their tasks involve researching new business opportunities, creating business plans and staying on top of industry-specific trends.
Typically reporting to a Business Development Manager or Director, this professional must be able to work independently, yet have the skills to work as a part of a team. They work in an office setting, sitting for long periods of time, and may be required to work overtime or on weekends if the job demands.
Business Development Specialist Duties and Responsibilities
Analyzing Business Processes
Manage Financial Information
Staffing Coordinator Skills
A Business Development Specialist must possess excellent communication and writing skills, be adept in business and development as well as possess interpersonal skills to work collaboratively with colleagues and clients.
Core skills If you are searching for a Business Development Specialist job, be aware that most job listings required candidates to possess these core skills
- Ability to conduct research and analyze data
- Ability to create business plans with actionable objectives
- Strong computer skills
- Networking skills to liaise with business partners and clients
Advanced skills Adding these advanced skills to your resume can help you get ahead in the Business Development field
- Knowledge of marketing and advertising strategies
- Sales experience
- Experience working in a start-up or with new business development
- Manufacturing experience
Tools of the Trade Employers often require these tools
- Word processing, spreadsheet and presentation tools, such as the Microsoft Office suite
- Email and scheduling applications, such as Outlook
- Personal computers
- Trade funding software, such as Siebel and Adesso
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Business Development Specialist Q&A
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Business Development Specialist Salary
Business Development Specialist Resources
We found the most useful organizations, blogs, books and groups to help you get a broader understanding of a career as a Business Development Specialist.
On the WebNational Business Development Association
Offers premier events, workshops, coaching calls and university programs for Business Development Specialists.B2B Lead Blog
A blog with actionable suggestions on generating leads for business development.Manifest Blog
A useful online resource for Business Development Specialists with insights on growing a business and landing new clients.
BooksThe Essential Guide to Managing Small Business Growth
by Peter Wilson and Sue Bates This book addresses the issues confronting small businesses by providing practical advice on growing a prosperous company.Pitching and Closing: Everything You Need to Know About Business Development, Partnerships, and Making Deals that Matter
by Alexander Taub and Ellen DaSilva This book gives you concrete action steps for mastering the specific skill set today’s businessdevelopment professionals need to define their roles and meet revenue expectations.
On LinkedInBusiness Development
A group with over 360,000 members that network within the Sales, Marketing and Business Development fields.Business Development The Missing Link between Marketing & Sales
A group with over 280,000 members that helps professionals continuously boost communication, PR, sales and marketing to be and remain successful.