What does a Business Manager do?
A Business Manager is employed in a leadership role to oversee the day-to-day operations of a business. Business Managers are responsible for developing the major support services that allow a company to function efficiently and do business. Business Managers are primarily responsible for the administrative side of the business, which includes monitoring budgets and record keeping. Their work frequently crosses over into other areas of business too, including procurement, supply and business development. Importantly, Business Managers are also responsible for developing long-term plans in conjunction with senior management and implementing those plans effectively to create profit.
Business Manager skills and qualifications
Business Managers need excellent business acumen, alongside a detailed knowledge of the industry they are working within. They also require essential leadership and management skills, as well as the ability to communicate effectively. A successful Business Manager candidate will also have other prerequisite skills and qualifications that include:
- Delegation skills to assign tasks to the correct departments or team members within the business
- Excellent knowledge of the company’s operational policies and procedures
- Ability to develop the skill sets of teams across multiple departments
- Excellent knowledge of laws and regulations regarding employment and contracts
- Negotiation skills to get the best deals for the company
- Ability to motivate staff to hit and exceed their goals and targets
- Qualifications from recognised bodies such as the Chartered Management Institute or the Institute of Leadership and Management
- Ability to confidently hold meetings with high-profile clients, board members and senior management
Business Manager experience requirements
Business Managers require a minimum of three years of experience working in business operations or administration. Employers require candidates to have spent at least one year working in a Team Leader or management role to demonstrate desired leadership talent. Employers can look for candidates with experience working in administrative roles or as Business Development Managers or Client Relationship Managers.
Business Manager education and training requirements
Business Managers are expected to have gained strong results at GCSE and A-level in English, maths and business-focused subjects such as business studies or economics. Employers look for candidates who have progressed to university and gained a relevant degree in business, management or economics. Employers can also look for candidates with a postgraduate degree in business management or business administration for the role.
Business Manager salary expectations
According to Indeed Salaries, the average salary for a Business Manager in the UK is £38,877 per year. Salary may be dependent on experience, location and company.
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