What is the responsibility of a business director?

A business director is a corporate finance manager at a company. Their duties include monitoring day-to-day operations, assessing budgets and other finance-related issues, and ensuring that cash flow remains stable. They may also assist in compliance and other accounting measures required of their business.

What is the main role of business development?

The overarching goal of business development is to make a company more successful. It can involve many objectives, such as sales growth, business expansion, the formation of strategic partnerships, and increased profitability.

Is BDM higher than sales manager?

Business development managers, on the other hand, may have a more strategic role, working on long-term plans to grow the company's customer base. Sales managers may be more focused on the day-to-day management of the sales team, including setting goals, tracking performance, and providing training and support.

What level is a director of business development?

This role exists in a wide variety of industries, but at the minimum a Director of Business Development typically holds a bachelor's degree in sales, business, marketing, or another applicable field. In most cases, candidates will be required to earn an MBA or another relevant master's or doctoral degree.

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