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What is a head of business development and how to become one
The head of business development is employed to develop and implement new market initiatives. Likewise, he/she assesses new markets and evaluates business opportunities. He/She plans and directs all aspects of business development policies, objectives, and strategies in an organization. He/She may oversee licensing initiatives and programs. Other duties include negotiating contracts, initiating proposals, and closing deals. Asides from that, he/she performs financial feasibility studies. Furthermore, he/she develops proposals for new business opportunities. Additionally, he/she identifies, reviews, and implements policies that support business development.
For this position, you need at least a bachelor's degree in business administration or a relevant field. You must have prior experience in a related position. You must possess communication, leadership, listening, presentation, problem-solving, decision-making, and negotiation skills. Also, you must be proficient in CRM software. The head of business development makes around $116,235 in a year. It varies from $62,000 to $219,000.
What general advice would you give to a head of business development?
Andrew Spicer
Associate Professor, Website
Avg. Salary $134,190
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
American Indian and Alaska Native 0.23%
Asian 8.15%
Black or African American 3.04%
Hispanic or Latino 8.67%
Unknown 5.32%
White 74.58%
Genderfemale 25.77%
male 74.23%
Age - 38American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 38Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Head of business development career paths
Key steps to become a head of business development
Explore head of business development education requirements
Start to develop specific head of business development skills
Skills Percentages Cloud 6.87% C++ 5.49% Project Management 4.96% Cloud Computing 4.72% R 4.54% Complete relevant head of business development training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New heads of business development learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a head of business development based on U.S. Bureau of Labor Statistics data and data from real head of business development resumes.Research head of business development duties and responsibilities
- Develop the company's online presence through website and Facebook that lead to business expansion to markets of UK, Denmark.
- Implement and customize CRM database used to manage all development activities.
- Lead and manage large RFP responses to ensure corporate objectives for profitability, sustainability, and operational delivery objectives are meet.
- Hire a top tier SQL developer for data warehouse and reporting activities.
Prepare your head of business development resume
When your background is strong enough, you can start writing your head of business development resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a head of business development resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose from 10+ customizable head of business development resume templates
Build a professional head of business development resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your head of business development resume.
Apply for head of business development jobs
Now it's time to start searching for a head of business development job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first head of business development job
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Average head of business development salary
The average head of business development salary in the United States is $134,190 per year or $65 per hour. Head of business development salaries range between $94,000 and $191,000 per year.
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How do heads of business development rate their job?
Head of business development reviews
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Updated January 8, 2025
