There is more than meets the eye when it comes to being a new business manager. For example, did you know that they make an average of $49.96 an hour? That's $103,925 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many new business managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.
When it comes to the most important skills required to be a new business manager, we found that a lot of resumes listed 20.2% of new business managers included customer service, while 15.7% of resumes included business development, and 13.1% of resumes included new clients. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the new business manager job title. But what industry to start with? Most new business managers actually find jobs in the insurance and retail industries.
If you're interested in becoming a new business manager, one of the first things to consider is how much education you need. We've determined that 49.5% of new business managers have a bachelor's degree. In terms of higher education levels, we found that 18.3% of new business managers have master's degrees. Even though most new business managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a new business manager. When we researched the most common majors for a new business manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on new business manager resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a new business manager. In fact, many new business manager jobs require experience in a role such as sales manager. Meanwhile, many new business managers also have previous career experience in roles such as manager or customer service representative.
Tell us your goals and we'll match you with the right jobs to get there.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a new business manager can determine their career goals through the career progression. For example, they could start out with a role such as sales manager, progress to a title such as general sales manager and then eventually end up with the title general sales manager.
Tell us your goals and we'll match you with the rights job to get there.
Use Zippia's Salary Calculator to see how your pay matches up.
Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a New Business Manager. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.
Learn How To Write a New Business Manager Resume
At Zippia, we went through countless New Business Manager resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.
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The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 20.2% of new business managers listed customer service on their resume, but soft skills such as communication skills and leadership skills are important as well.
Some places are better than others when it comes to starting a career as a new business manager. The best states for people in this position are Rhode Island, Connecticut, New York, and Nevada. New business managers make the most in Rhode Island with an average salary of $128,136. Whereas in Connecticut and New York, they would average $118,033 and $115,423, respectively. While new business managers would only make an average of $113,070 in Nevada, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
$115,423
Avg. Salary
2. Connecticut
$118,034
Avg. Salary
3. Nevada
$113,071
Avg. Salary