Business Manager Job Description, Skills, and Salary
Are you searching for a business manager job description? Get to know about the duties, responsibilities, qualifications, and skills requirements of a business manager. Feel free to use our business manager job description template to produce your own business manager job description. We also provide you with information about the salary you can earn as a business manager.
Who Is a Business Manager?
According to the Oxford Advanced English Dictionary, a Business Manager is an individual that is in charge of the business affairs of an organization, company, or firm. To function effectively, a business manager coordinates the work of duties of others to drive profits. Business Managers are well informed in finance, public relation, and marketing. They may also specialize in any of the above-mentioned areas. Other areas they may know: are sciences, business law, and Information communication technology. In some cases, they may know about human resources management.
The business owner and his manager are in synergy to ensure the business is running successfully. An important social attitude or skill required of a business manager to better understand the duties of their co-workers and subordinates is the spirit skill. A Business Manager has a wide spectrum of work opportunities. They may be hired in even the music industries as Representatives representing artists or musicians and their major role is to supervise the financial and business matters of the brand. This role was first taken by Allen Klein, whose function was to represent performers, guiding them through investments and helping them recover underpaid or unpaid fees and royalties. Business Managers are open-minded individuals who are willing to hear and analyze constructive criticism from either employees or customers to ensure effective work input and successful results. This office is created to relieve the business owner of some responsibilities, so they could focus on the crucial needs of expanding the company. This profession can be challenging and exciting, hence, the need to be passionate about the career before thinking of applying for the job.
Business Managers are leaders in their workplaces and it’s their responsibility to strategize and guide their subordinates on the effective ways to carry out their duties to ensure the success of the company or organization. Business managers who desire to become a force in their field and also improve their prospective salary may want to pursue certifications from The Board of Professionals in Business Management. Certified Business Managers are in a good position to negotiate for a higher compensation plan than other counterparts without certifications and they are more advantaged during job interviews because their certificates as a good scoring point for them and without, they are paid better than uncertified practitioners. There are two different certifications granted by the Board of Professionals in Business Management and they are thus: Certified Associate Business Manager and Certified Business Manager. To obtain the Certified Associate Business Manager certification, you are required to sit for and pass a four hours examination. This examination is based on coursework and Pre-Master’s Degree and it provides the basis for students seeking a CBM or Master’s Degree in Business Management. It can also benefit individuals looking to transition from one industry to another in the position of Business Manager.
Also to get certified as a Business Manager you are required to present the Certified Business Manager Certificate and to obtain this certificate, Business Managers must write and pass a four-sectioned examination that ultimately takes about 16 hours to rap up. This certification can be pursued in place of or alongside a Master’s Degree in Business Management. The examination accesses the knowledge of Business Managers in all the activities of a corporation, organization, or company. The sections consist of three parts of multiple-choice questions and a theory section. Successful Business Managers by example. They inspire or encourage hard work among team members or subordinates to ensure they meet the company’s targets or goals. Paying attention to others, delegating or assigning duties, and maybe conflict resolution abilities are vital skills needed to lead a team of workers.
Business Managers may need to adopt certain leadership qualities to solve specific issues or handle some situations that may arise in the company. Therefore flexibility or open-mindedness is encouraged amongst Business Managers. Business Managers are responsible for employing workers, scheduling programs, and maintaining the standards of operations in the company. They are in charge of profile development and documentation for other employees and they also ensure that the functions of human resources and other functional areas of the company are in line with both state and federal rules and regulations. They assess employees to identify and curb work difficulties or challenges. A Business Manager should be passionate about his or her work to be able to achieve the goals of the Business Owner. They are expected to understand the objectives and maybe also know the origin of the business as this serves as a guide to them in times of critical decision-making regarding the growth and development of the firm, company, or organization. They are well-educated individuals and of course, they can relate with their co-workers, customers, and employee in the basic language used in their work location or approved by the company.
Business Manager Job Description
What is a business manager job description? A business manager job description is simply a list of duties and responsibilities of a business manager in an organization. Below are the business manager job description examples you can use to develop your resume or write a business manager job description for your employee. Employers can also use it to sieve out job seekers when choosing candidates for interviews.
The duties and responsibilities of a business manager include the following:
- Leading teams of co-workers or employees and delegating or assigning duties to them
- Planning, implementing and generating workflow to achieve the company’s goals
- Giving professional training or guidance and encouraging personal professional development amongst subordinates
- Mediating and resolving disputes and conflicts that may arise among workers
- Training and hiring new workers as well as supervising old employees
- Overseeing the production department or project committee from the onset to completion
- Ensuring that the legal regulations and requirements for products and all procedures are strictly adhered to or met
- Running quality control to keep products or services in check and also to ensure the standard operating procedures of the company are duly applied
- Collaborating with other executives and the accounting department to create and maintain a budget that will effectively meet the needs of the organization
- Ensuring all programs the goals, values, and mission of the company by supervising the duties of the administrative department and giving solutions or answers to the requests of the Customer service department
- Conducting competitors and market surveys to identify problems and growth opportunities
- Presenting regular reports to the business owner, supervisors, or higher authority
- Assessing employees regularly to identify and curb difficulties or challenges in work
Qualifications
- Business managers who desire to become a force in their field and also improve their prospective salary may want to pursue certifications from The Board of Professionals in Business Management. Certified Business Managers are in a good position to negotiate for a higher compensation plan than other counterparts without certifications and they are more advantaged during job interviews because their certificates as a good scoring point for them and without, they are paid better than uncertified practitioners. There are two different certifications granted by the Board of Professionals in Business Management and they are thus:
- Certified Business Manager (CBM): To obtain this certificate, Business Managers must write and pass a four-sectioned examination that ultimately takes about 16 hours to rap up. This certification can be pursued in place of or alongside a Master’s Degree in Business Management. The examination accesses the knowledge of Business Managers in all the activities of a corporation, organization, or company. The sections consist of three parts of multiple-choice questions and a theory section.
- Certified Associate Business Manager (CABM): To obtain this certification, Business Managers are required to sit for and pass a four hours examination. This examination is based on coursework and Pre-Master’s Degree and it provides the basis for students seeking a CBM or Master’s Degree in Business Management. It can also benefit individuals looking to transition from one industry to another in the position of Business Manager.
Essential Skills
To become a seasoned Business Manager, applicants need to develop certain skills that would help them in carrying out their duties professionally. These skills are listed below:
- Great Leadership Skills: Successful Business Managers leads by example. They inspire or encourage hard work among team members or subordinates to ensure they meet the company’s targets or goals. Paying attention to others, delegating or assigning duties, and maybe conflict resolution abilities are vital skills needed to lead a team of workers. Business Managers may need to adopt certain leadership qualities to solve specific issues or handle some situations that may arise in the company. Therefore flexibility or open-mindedness is encouraged amongst Business Managers.
- Good Team Spirit: Business Managers may work as a supervisor and coworkers sometimes and as such they must be able to collaborate effectively with other team members and heads of departments. Successful Business Managers can work with different personalities and from various backgrounds or company structures. They know the strength of their team and this helps them assign duties rightly to get the required results.
- Excellent Organizational Skills: Business Managers are responsible for supervising projects and other activities simultaneously and this implies that they should be capable of managing both time and the resources of an organization adequately. This demands that they are very organized when managing the company’s calendar, deadlines, and all task lists. If a Business Manager is dexterous in time management and organization, he or she can handle the affairs of the company and the entire office positively.
- Basic ICT Skills: Business Managers achieve the majority of their tasks on computer systems and other office gadgets. They must be able to design work plans, make reports, send and respond to emails, create invitations for events, and submit budget forms or request forms using the approved applications in their workplace. They may be required to learn the use of new apps and software as technology evolves
- Good Listening Skill: A Business Manager is expected to pay keen attention to the needs and suggestions of both customers and employees and note down important details to be presented to the directory board for proper assessment and maybe approval
- Excellent Communication Skills: Business Managers are often exposed to the public and as such, there is a great need for all business managers to be good at communicating effectively. You must be able to use the common or basic language approved by your organization both in words and on papers
- Empathy: The ability to feel or relate to the stories of struggles of others. This may be classified as a virtue but it is a great skill that is employed by most successful Business Managers to sustain their clients by hearing and seeing to the solutions to challenges presented by their clients. This is the fastest way to grow a business
- Passion for Service: Most unsuccessful business managers lacked this skill. Without passion in any field of endeavor, success will be difficult to attain
How to Become a Business Manager
- To become a Business Manager you must first obtain a Degree in Business Management or Administration
- Apply for an internship and work for some number of years under the supervision of senior Business managers or higher authorities. This experience may take 2 to 3 years
- Build a good Business Profile in your CV and even social media handles
- Following your entry-level as a Business Manager, acquire the necessary certifications approved by the Board of Professionals in Business Management
- You also need to add some necessary skills that would aid your career. Skills like public administration, use of basic tech tools as in the running of sponsored ads, human relations, and so on
- Decide between running your own business and managing another person’s business. If you choose to manage your business, start building your brand effectively to obtain your desired results
Where to Work as a Business Manager
- Entertainment Industries ( movie, sports, music industries)
- Business firms like shopping malls
- Digital Business Organizations as seen in most multi-level marketing companies where all their workers work from home
- Telecommunication Industries
- Business Managers may be seen in health organizations taking the role of Finance Management
Business Manager Salary Scale
The average salary of a Business Manager is about $63,263 per year in the United States. This salary estimate is between $14,000 and $153,000 per year. Salaries may be dependent on the worker’s level(number of years spent in service) and certifications acquired. In addition, salaries may also be affected by the location and profits rate of the company.