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Business manager vs business development manager

The differences between business managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business manager, becoming a business development manager takes usually requires 8-10 years. Additionally, a business development manager has an average salary of $100,769, which is higher than the $83,198 average annual salary of a business manager.

The top three skills for a business manager include customer service, powerpoint and project management. The most important skills for a business development manager are customer service, CRM, and healthcare.

Business manager vs business development manager overview

Business ManagerBusiness Development Manager
Yearly salary$83,198$100,769
Hourly rate$40.00$48.45
Growth rate6%10%
Number of jobs377,191215,309
Job satisfaction5-
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 74%
Average age4439
Years of experience610

What does a business manager do?

A business manager is responsible for directing the overall operations of the company, ensuring that all employees do their tasks efficiently and accurately. Business managers' duties include developing strategic solutions, evaluating employees' performance, identifying business opportunities to grow, monitoring the company's expenses to meet its budget goals, implementing techniques to boost the company's revenue and profitability, and adhering to the company's legal policies and procedures. A business manager must have excellent leadership and interpersonal skills to supervise daily operations.

What does a business development manager do?

A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.

Business manager vs business development manager salary

Business managers and business development managers have different pay scales, as shown below.

Business ManagerBusiness Development Manager
Average salary$83,198$100,769
Salary rangeBetween $47,000 And $145,000Between $67,000 And $151,000
Highest paying CitySeattle, WASan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companyThe CitadelShearman & Sterling
Best paying industryTechnologyFinance

Differences between business manager and business development manager education

There are a few differences between a business manager and a business development manager in terms of educational background:

Business ManagerBusiness Development Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Georgia

Business manager vs business development manager demographics

Here are the differences between business managers' and business development managers' demographics:

Business ManagerBusiness Development Manager
Average age4439
Gender ratioMale, 43.2% Female, 56.8%Male, 68.6% Female, 31.4%
Race ratioBlack or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5%Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage10%10%

Differences between business manager and business development manager duties and responsibilities

Business manager example responsibilities.

  • Coordinate and manage hvac projects from estimate to invoice.
  • Manage accounting, treasury, and process improvement initiatives to effect financial turnaround of CMRO business unit.
  • Manage and supervise firm operations on a daily basis including purchases, accounting, scheduling of vendors, attorney and CPA.
  • Create solutions in the areas of invoicing, AR reporting and payment methods that lead to system improvements and streamline processes.
  • Manage all human resource activities, operational processes and financial oversight.
  • Develop internal operating procedures design to achieve efficient clinic operations and maximum service to patients.
  • Show more

Business development manager example responsibilities.

  • Manage Seo of websites and campaigns.
  • Manage the provisioning and implementation of the cloud solutions for different customers.
  • Lead worldwide development for high traffic facilities; markets include Americas, Europe, Asia-Pacific.
  • Manage the global support team and are responsible for cost reduction for the UK ready meals facility.
  • Assist in leading a team of BDM's to achieve revenue, attrition, and value add service goals.
  • Leverage in-depth knowledge of complex manage security solutions as well as extensive technical knowledge of security hardware and software.
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Business manager vs business development manager skills

Common business manager skills
  • Customer Service, 21%
  • PowerPoint, 7%
  • Project Management, 6%
  • Human Resources, 6%
  • Payroll Taxes, 5%
  • Business Plan, 4%
Common business development manager skills
  • Customer Service, 8%
  • CRM, 7%
  • Healthcare, 5%
  • Business Relationships, 4%
  • Customer Relationships, 3%
  • Project Management, 3%

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