Business Managers are usually in charge of the business. Business managers are responsible for overseeing and supervising a company's activities and employees. Small businesses rely on the business manager to keep workers aligned with the goals of the company. Business managers report to top executives in a larger organization, but in a small company, the manager might either own the company or report directly to the owner.
Business managers oversee the activities of workers; hire, train and evaluate new employees; and ensure that a company or department is on track to meet its financial goals. Business managers might also develop and implement budgets, prepare reports for senior management and ensure the department complies with company policies. Managers also ensure workers have the resources to complete their work.
Most employers require a minimum of a bachelor’s degree in business management to qualify for a position as a business manager. Business managers must have excellent written and verbal communication skills to direct employees and lead the department. Managers are also problem solvers, who work to overcome the obstacles that may prevent a department or company from reaching its goals. Some companies might promote employees with considerable experience from within a department to lead the group. For example, a salesperson with years of experience in the field might advance to a sales manager position.
The salary of a business manager depends on the size of the organization, the geographic location of the company and the area of the business the manager oversees. According to the U.S. Bureau of Labor Statistics, the annual median salary for a sales manager was $101,640 in 2011, while production managers earned a median salary of $88,190 during the same period.
Being a business manager has many perks. These perks include effectively communicating using language and business, making business decisions using a systematic information-based approach rooted in ethics and social responsibility. You also master the skills necessary to prepare them to work in an entry-level position and continue in the academic field in their area of interest.
Why this Career ?
Being a business manager can earn you a lot of money. You will learn how to work well with others and learn to manage others and complete tasks as a team.