Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Job outlook for new business managers in the United States
Are new business manager jobs in demand?
New business manager job and salary trends over time
New business manager jobs over time
New business manager job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 1,730 | 0.00% |
| 2020 | 1,360 | 0.00% |
| 2019 | 1,391 | 0.00% |
| 2018 | 1,327 | 0.00% |
| 2017 | 1,282 | 0.00% |
Average new business manager salary over time
New business manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $93,395 | $44.90 | +2.8% |
| 2024 | $90,809 | $43.66 | --0.1% |
| 2023 | $90,945 | $43.72 | +0.5% |
| 2022 | $90,476 | $43.50 | +1.1% |
| 2021 | $89,485 | $43.02 | +1.6% |
New business manager jobs by state
Most common states for new business managers
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 673 | 97% |
| 2 | Montana | 1,050,493 | 472 | 45% |
| 3 | Massachusetts | 6,859,819 | 3,005 | 44% |
| 4 | Kansas | 2,913,123 | 1,242 | 43% |
| 5 | Iowa | 3,145,711 | 1,277 | 41% |
| 6 | Delaware | 961,939 | 396 | 41% |
| 7 | Utah | 3,101,833 | 1,235 | 40% |
| 8 | Alaska | 739,795 | 298 | 40% |
| 9 | Missouri | 6,113,532 | 2,332 | 38% |
| 10 | Arkansas | 3,004,279 | 1,127 | 38% |
| 11 | Nebraska | 1,920,076 | 726 | 38% |
| 12 | New Hampshire | 1,342,795 | 501 | 37% |
| 13 | Minnesota | 5,576,606 | 1,936 | 35% |
| 14 | Maryland | 6,052,177 | 2,051 | 34% |
| 15 | Connecticut | 3,588,184 | 1,235 | 34% |
| 16 | South Dakota | 869,666 | 296 | 34% |
| 17 | North Dakota | 755,393 | 257 | 34% |
| 18 | Illinois | 12,802,023 | 4,252 | 33% |
| 19 | Indiana | 6,666,818 | 2,229 | 33% |
| 20 | New Jersey | 9,005,644 | 2,918 | 32% |
Most common cities for new business managers
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Lenexa | 2 | 4% | $67,367 |
| 2 | Annapolis | 1 | 3% | $98,807 |
| 3 | Topeka | 2 | 2% | $67,335 |
| 4 | Glendale | 3 | 1% | $103,918 |
| 5 | Irvine | 3 | 1% | $101,478 |
| 6 | Birmingham | 2 | 1% | $70,827 |
| 7 | Des Moines | 2 | 1% | $65,878 |
| 8 | San Diego | 5 | 0% | $98,391 |
| 9 | Baltimore | 3 | 0% | $99,262 |
| 10 | Atlanta | 2 | 0% | $70,866 |
| 11 | Denver | 2 | 0% | $84,297 |
| 12 | New York | 2 | 0% | $134,135 |
| 13 | Phoenix | 2 | 0% | $84,013 |
| 14 | San Francisco | 2 | 0% | $123,679 |
| 15 | Washington | 2 | 0% | $116,586 |
| 16 | Bakersfield | 1 | 0% | $111,284 |
| 17 | Baton Rouge | 1 | 0% | $64,543 |
New Business Manager job outlook: Expert opinions
Our panel of new business manager experts
University Of Puget Sound
Catawba College
Pennsylvania State University - Greater Allegheny
Landmark College
Northwestern Michigan College
University of West Georgia
San Francisco State University
Tiffin University
Brandeis University
University of Arkansas at Little Rock
Louisiana Tech University
What general advice would you give to a New Business Manager?
Dr. Kim Roberts: 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
What New Business Manager skills would you recommend for someone trying to advance their career?
Dr. Kim Roberts: Business professionals lead organizations by focused efforts that revolve around products/services, processes, and people. Business professionals work to ensure the firm's products and/or services meet customer expectations, with an eye toward an ever-changing market. They manage processes that produce or support the firm's products. This requires the ability to analyze data to make informed decisions, to drive continuous improvement, and to solve problems through critical thinking. Successful business professionals must also create climates that promote teamwork and foster collaboration.
Andreas Udbye Ph.D.
Associate ProfessorUniversity Of Puget Sound
School of Business and Leadership
What soft skills should all New Business Managers possess?
Andreas Udbye Ph.D.: Collaboration and teamwork skills are crucial, as well as the ability to focus and meet deadlines. Although it is nice to mention that you are a good multi-tasker, most people are these days, and employers seem to like people who can stay the course and complete tasks on time and with high quality. Tenacity and accuracy are other attractive attributes.
Dr. Elizabeth Homan Ph.D.
Professors, Department ChairCatawba College
Theatre Arts
What soft skills should all New Business Managers possess?
Dr. Elizabeth Homan Ph.D.: Networking, networking, networking. And being a nice, friendly, honest human being. Flexibility and a level head in the face of persistent change. Resilience and an ability to work with the conditions in which you find yourself. Working with what you have, not what you wish you had.
Bernie Cerasaro
Assistant Teaching ProfessorPennsylvania State University - Greater Allegheny
Business Department
What hard/technical skills are most important for New Business Managers?
Bernie Cerasaro: Most technical skills required in today's marketplace are associated with task requirements in specific functional areas. However, some skillsets can be considered general, such as using Word, Excel, or Zoom. Technical skills relevant to social media are also critical. The ability to construct a web page and post on social media platforms such as Facebook, Instagram, and Twitter is essential. For [CBC1] functional areas, examples of needed technical expertise would be Microsoft Project for project management and SAP for supply chain management.
What skills will help New Business Managers earn the most?
Bernie Cerasaro: Some of the same skills as indicated above are important as the person works their way up the ranks and increases their salary. Prominent skills include strong leadership, superior performance, handling conflict, and creating a trusting and productive work environment.
The choice of a functional area can also impact one's earnings depending upon the market's needs. Areas such as corporate accounting and finance, project management, supply chain management, and entrepreneurship can command higher earnings due to a higher demand for such individuals in the marketplace. However, the higher salaries for some of these positions might require a master's degree.
As a concluding note, even though we are amid a pandemic, which has resulted in certain industries/companies being unable to find sufficient employees, this does not imply that this will be the situation for all industries or that the graduate can relax as to developing a strong skill-oriented resume. Graduates still need to focus on functional, technical, and soft skills in order to design impactful resumes that clearly indicate their strongest skills and experience.
What skills will help New Business Managers earn the most?
Dr. Jeanette Landin: The skill that will help you earn the most is inspiring other people to increase company productivity and high employee morale. An engaged and productive employee is the most important product of an effective manager. Managers who possess the ability to inspire colleagues and drive company objectives are invaluable.
Kristy Berak McDonald
Experiential Learning Institute DirectorNorthwestern Michigan College
Business Academic Area Faculty
What hard/technical skills are most important for New Business Managers?
Kristy Berak McDonald: All students should have strong computer skills, accounting basics, and marketing knowledge.
Thomas Gainey Ph.D.
Chair and ProfessorUniversity of West Georgia
Department of Management in the Richards College of Business
What skills stand out on New Business Manager resumes?
Thomas Gainey Ph.D.: Given the recent pandemic, many employers are looking for employees who can easily adjust to changing conditions and adapt to working online if necessary. Thus, resumes that demonstrate a candidate is flexible, creative, and self-disciplined are going to be attractive. Additionally, the extent to which a candidate can show excellent time-management skills will likely create more opportunities in the job market.
Bruce Heiman Ph.D.
Professor of International BusinessSan Francisco State University
Department of International Business
What skills will help New Business Managers earn the most?
Bruce Heiman Ph.D.: -Previous internship/practicum experience in the industry
-Ability to identify and solve problems in an effective manner
-Ability to deploy design/creativity tools in the service of finding and solving problems
-Evidence of ability to manage in the relevant non-English language(s)
-Prior job experience/deep training in a related area
-Prior experience/training managing people/teams
-Ability/experience in working in a team and concretely increasing the team's performance in measurable ways
-Ability to speak with and relate well to people at all levels of an organization, including below, peers, above, and outsiders
-Skills (deep) in working in other cultures and respecting the values and conventions of that culture. Multiple cultures would be worth more
What hard/technical skills are most important for New Business Managers?
Bruce Heiman Ph.D.: -Analytical skills (ability to gather data, clean it, analyze it, write-up results and present on what the meaning of the analysis suggests for action (the last one is most important--"what does it really mean?"
-Some experience and skills with coding in any language (at the moment, Python or C++ are preferred, though Ruby on Rails is also good)
-Deep spreadsheet skills (pivot tables and macros, as examples).
-Relational database skills, including programming (e.g., MySQL)
-Data mining
-AI/Machine Learning experience
Dr. Bonnie Tiell
Professor of Sport ManagementTiffin University
School of Business
What skills stand out on New Business Manager resumes?
Dr. Bonnie Tiell: Experience and proven record of accomplishments, achievements, and added value to an organization (e.g., demonstration of increasing market shares, sales quotas, membership acquisition, etc.).
What soft skills should all New Business Managers possess?
Dr. Bonnie Tiell: Interpersonal skills (communication), character development, effective decision making.
What skills will help New Business Managers earn the most?
Dr. Bonnie Tiell: Skills helping managers earn the most are those that impact the bottom line - it depends on the organization's needs, but those that can produce or increase revenue will earn more --- sales!
Aldo Musacchio Ph.D.
Professor, Program Director of the MBABrandeis University
Brandeis International Business School
What skills stand out on New Business Manager resumes?
Aldo Musacchio Ph.D.: I think experiences or experiential learning in which they worked in teams with real companies using the hard skills that the market values. Summer internships doing data analytics or business development at a startup stand out. But also working on field projects at your school with a company in which you can display that you used your data analytics or digital marketing skills goes far.
What skills stand out on New Business Manager resumes?
Dr. Timothy Edwards: Writing and research skills. Analytical and critical thinking skills. Technical skills such as web design, graphic design, audio and video production skills. Employers are interested in potential employees knowledge, intelligence and skills.
Patrick Scott Ph.D.
Assistant Professor of EconomicsLouisiana Tech University
Economics and Finance Department
What type of skills will young New Business Managers need?
Patrick Scott Ph.D.: I think the importance of critical thinking and reasoning skills cannot be overstated enough. In this area, economics shines. Additionally, analytical and quantitative skills are more important than ever. Businesses continue to make the shift towards data-driven decision making. The ability to quickly analyze data and correctly assign an interpretation or meaning to that data is an important job market skill. With just a little bit of economic intuition, combined data science skills, business economics majors are uniquely positioned for success in the job market of tomorrow.