Business Manager Job Description

By | May 30, 2011

Business manager job profile and description

A business manager focuses all his efforts towards aiding the growth of the company by making efficient decisions regarding various aspects of the business and marketing strategies. Business manages should be aware of the functioning of the company at different levels and be a good leader and motivator.

Business manager duties and responsibilities

The duties and responsibilities of a business manager are:

  • Understanding the ethics and vision of a company
  • Taking stock of all the resources in the company and making decisions so as to aid its growth
  • Making decisions regarding the budget and financial plans of the company
  • Actively involving in various business operations and channeling resources to increase the productivity of the company
  • Working with product development departments and sales and  marketing department in order to make decisions regarding promotion of the product
  • Taking steps to increase the positive popularity of the company
  • Ensuring that the money inflow into the company is more than the outflow
  • Preparing reports about the operations and performance of a company and presenting it before the CEO and the board of directors
  • Lead and motivate the employees in the company to work to their optimal levels

Business manager skills and specifications

The skills and specifications of a business manager are:

  • A thorough knowledge about the principles of management
  • A thorough knowledge about the working and operations of a company
  • Excellent leadership and motivation skills
  • Excellent communication abilities
  • Excellent managerial skills and the ability to work well under high pressure
  • Keen sense for detail and observation
  • Excellent decision making skills

Business manager education and qualification

Although a bachelor’s degree in management can get an entry-level job, a business manager requires a master’s degree in business administration. Experience of working in different management positions is mandatory.

Business managers salary

A business manager can earn up to $100,000 per annum.