{"id":263,"date":"2016-08-16T12:41:50","date_gmt":"2016-08-16T12:41:50","guid":{"rendered":"http:\/\/blog.onclickinnovations.com\/?p=263"},"modified":"2016-08-16T12:41:50","modified_gmt":"2016-08-16T12:41:50","slug":"business-development","status":"publish","type":"post","link":"https:\/\/onclickinnovations.com\/blog\/business-development\/","title":{"rendered":"Business Development"},"content":{"rendered":"

The role of BUSINESS \u00a0DEVELOPMENT<\/a>\u00a0is to find new strategic opportunities for the company and start the company on the path to execute. Business Development \u00a0identifies and executes NEW areas of business\u00a0 – new markets, new distribution channels, new products – typically through the use of\u00a0partnerships\u00a0between another company and an internal department at your company.\u00a0Business development\u00a0comprises a number of tasks and processes generally aiming at\u00a0developing\u00a0and implementing growth opportunities within and between organizations. It is a subset of the fields of\u00a0business, commerce and organizational theory.\u00a0It is not uncommon for business developers to have a combination of strategy, marketing & sales, finance, legal, and operations background. In business development, here’s the flavors one has run into:<\/p>\n

Partnership development<\/p>\n

Strategic market development and sales<\/p>\n

Strategic marketing<\/p>\n

Mergers, acquisitions, and financing<\/p>\n

New business line exploration<\/p>\n

Channel sales<\/p>\n

New product development<\/p>\n","protected":false},"excerpt":{"rendered":"

The role of BUSINESS \u00a0DEVELOPMENT\u00a0is to find new strategic opportunities for the company and start the company on the path to execute. Business Development \u00a0identifies and executes NEW areas of business\u00a0 – new markets, new distribution channels, new products – typically through the use of\u00a0partnerships\u00a0between another company and an internal department at your company.\u00a0Business development\u00a0comprises […]<\/p>\n","protected":false},"author":1,"featured_media":264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-custom-software-development-solutions"],"yoast_head":"\nBusiness Development | Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/onclickinnovations.com\/blog\/business-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Development | Blog\" \/>\n<meta property=\"og:description\" content=\"The role of BUSINESS \u00a0DEVELOPMENT\u00a0is to find new strategic opportunities for the company and start the company on the path to execute. Business Development \u00a0identifies and executes NEW areas of business\u00a0 – new markets, new distribution channels, new products – typically through the use of\u00a0partnerships\u00a0between another company and an internal department at your company.\u00a0Business development\u00a0comprises […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/onclickinnovations.com\/blog\/business-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/officialonclick\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-16T12:41:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/onclickinnovations.com\/blog\/wp-content\/uploads\/2016\/08\/bd.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"285\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"it_geeks\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@OnClick_web\" \/>\n<meta name=\"twitter:site\" content=\"@OnClick_web\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"it_geeks\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/\"},\"author\":{\"name\":\"it_geeks\",\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/#\\\/schema\\\/person\\\/45db30038e5cd799aa868257635fa78d\"},\"headline\":\"Business Development\",\"datePublished\":\"2016-08-16T12:41:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/\"},\"wordCount\":146,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/08\\\/bd.jpg\",\"articleSection\":[\"Custom Software Development Solutions\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/\",\"url\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/\",\"name\":\"Business Development | Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/08\\\/bd.jpg\",\"datePublished\":\"2016-08-16T12:41:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#primaryimage\",\"url\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/08\\\/bd.jpg\",\"contentUrl\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/08\\\/bd.jpg\",\"width\":285,\"height\":177},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/business-development\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business Development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/onclickinnovations.com\\\/blog\\\/\",\"name\":\"Blog - OnclickInnovations Pvt. 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