What is a new business manager and how to become one

Updated January 8, 2025

4 min read

Quoted expert

Dr. Kim Roberts

A new business manager is an individual responsible for overseeing and managing the operations of a startup company. They are tasked with developing and implementing strategies to achieve business goals, managing finances, and leading a team of employees. A new business manager must possess strong leadership skills, financial acumen, and the ability to adapt to changing circumstances. They work closely with other departments such as marketing and sales to ensure the success of the business.

What general advice would you give to a new business manager?

Dr. Kim Roberts

Professor of Operations Management, Website

Business-related occupations offer attractive salaries and offer a variety of disciplines, such as accounting, contract management, cybersecurity, finance, human resources, logistics, marketing, management, operations, sales, and more. However, business careers are often demanding, requiring long work weeks and travel.

Skills
leadership
communication
innovation
adaptation
critical thinking
problem solving
emotional intelligence
empathy
teamwork
cultural competence
conflict management
ethics and social responsibility

ScoreNew Business ManagerUS Average

Salary

7.3

Avg. Salary $93,395

Avg. Salary $59,228

Stability level

9.6

Growth rate 6%

Growth rate 0.3%

Diversity

3.5

Race

American Indian and Alaska Native 0.47%

Asian 6.39%

Black or African American 6.22%

Hispanic or Latino 15.30%

Unknown 4.34%

White 67.27%

Gender

female 39.89%

male 60.11%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

9.6

Stress level is very high

7.1 - high

Complexity level

9.2

Complexity level is advanced

7 - challenging

Work life balance

3.6

Work life balance is poor

6.4 - fair

What are the pros and cons of being a new business manager?

Pros

Opportunity to build something from the ground up
Chance to work with a diverse and talented team
Ability to make decisions and influence the direction of the company
Potential for high financial rewards and career advancement
Exciting and dynamic work environment

Cons

High stress levels due to pressure to succeed
Long hours and potential for work-life imbalance
Financial risk and uncertainty, especially in the early stages of the business
Responsibility for managing employees and handling conflicts
Lack of job security, as new businesses can be unstable

Key steps to become a new business manager

Explore new business manager education requirements

Most common new business manager degrees

Bachelor's

67.1 %

Associate

12.9 %

Master's

9.7 %

Start to develop specific new business manager skills

Skills	Percentages
Customer Service	23.99%
Business Plan	11.14%
Business Development	8.64%
Lead Generation	6.57%
Gross Profit	5.72%

Complete relevant new business manager training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New new business managers 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 new business manager based on U.S. Bureau of Labor Statistics data and data from real new business manager resumes.

Research new business manager duties and responsibilities

Manage the logistics of seating teams and functional units in this overcrowd call center.
Manage the daily operations of a 30-plus-person team of coordinators and new local associates during periods of multi-store openings.
Manage a portfolio of inpatient and outpatient products market to major academic medical centers, community hospitals and nursing homes.
Increase VW new car sales from 90 to 120 per month average, along with PVR, CSI and ESI.

Prepare your new business manager resume

When your background is strong enough, you can start writing your new business manager 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 new business manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable new business manager resume templates

Build a professional new business manager 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 new business manager resume.

Apply for new business manager jobs

Now it's time to start searching for a new business manager 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 do new business managers rate their job?

-/5

5 stars

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2 stars

1 star

New business manager reviews

A zippia user wrote a review on Mar 2019

Cons

The pay didn't increase much from when I was a leasing consultant of assistant manager and now I hav wa lot more responsibilities and the same pay out. Been with the company 12 years.