- Identify and target new markets and business opportunities, including geographic expansion or new customer segments.
- Conduct research to identify potential clients, partners, and market trends.
- Initiate contact with potential clients and partners through cold calling, networking, and attending industry events.
- Build and maintain strong relationships with existing and potential clients.
- Create and implement strategies to drive sales and increase revenue.
- Develop and implement business development strategies to drive growth and achieve company goals.
- Negotiate contracts and agreements with clients and partners to secure deals and achieve favorable terms.
- Prepare and present business proposals, including project scopes, pricing, and terms, to potential clients.
- Oversee and manage business development projects from initiation to completion.
- Prepare regular reports on business development activities, progress, and results for management.
- Identify areas for improvement in business development processes and strategies.