A Business Development Officer, or Business Development Manager, is responsible for overseeing the implementation of business development strategies to heighten company profitability. Their duties include leading a team of business development and sales professionals, identifying business opportunities to pursue and creating business proposals to support their ideas. Business Development Officer duties and responsibilities A Business Development Officer’s main goal is to identify opportunities for business growth and create marketing strategies based on those opportunities in order to meet and exceed revenue goals. A Business Development Officer’s typical responsibilities include: Analyzing current and past financial data and providing strategies to cut costs and increase revenue Leading the charge on market research plans to identify new opportunities Working with executives to implement marketing strategies and new opportunities Encouraging new and existing clients by creating and improving proposals Tracking expenses and maintaining the company budget Ensuring that the company meets revenue targets Providing training and mentoring to other members of the team Developing and pitching ideas for potential investors
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