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What is Biz Dev?

Biz dev commonly involves activities such as increasing revenues, expanding your business, improving profitability through partnerships, and making strategic business decisions that benefit your bottom line. Because business development is such a broad term, it’s often used interchangeably with sales or marketing.

What does a Biz Dev guy/gal do?

But the day-to-day activities of business development remains the same: at a startup or a large company alike, whomever plays the role of "biz dev guy/gal" must be constantly evaluating the best path to create long-term value, whether it an option built in-house or pursued in partnership with others.

What are the core Biz Dev functions?

Being able to assess an opportunity for its potential to create long-term value, determine the paths available to you to pursue it, and understand the trade-offs and risks of one path vs. another, are core Biz Dev functions.

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