Actually, sales and business development should not be considered the same job at all. The function of business development is to work through partners to sell to the end customer, in a scalable way. First, let’s look at the underlying concept, and how it connects to the overall business objectives. Thus, the term business means continuous production and distribution of goods and services with the aim of earing profits under uncertain market conditions.
You will surely set yourself apart from most of your competition that still believes as long as it’s faster, cheaper and quality capable then they should get the business. These ECTS credits are typically obtained by means of a final project containing significant elements of innovation and business development or by means of minor subjects.
Ironically, most sophisticated and large companies have well funded business development departments, however, it is the start-ups, small and medium size enterprises that actually need a business development team or process the most. It is an ongoing process that will take on many forms in the life of your business.
You will be involved with licensing technology both in to your company and out of your company. Despite the fact that your business needs more time, you still need to take the time to relax. Business development coaching explores the requirements, motivations, skills, desires, and opinions of business leaders to assist them in making a lasting and fulfilling change to their business.
Moreover, the job of a business developer is highly cross functional, as it requires collaboration with various internal and partner-company teams such as sales, engineering, and marketing to ensure that a deal is consummated. Before this I was a business development executive at SinglePlatform, a company acquired by Constant Contact for 100 million dollars.