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Just Posted
Business Development Executive
$88k-113k (estimate)
Full Time 3 Months Ago
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Locke Investments, LLC is Hiring a Business Development Executive Near Houston, TX

Locke Solutions, a dynamic small to medium-sized company, is experiencing rapid growth and expansion. From a single location to an impressive three, our journey has just begun, with ambitious plans to reach 5-10 locations within the next 7 years. Our commitment to success is evident in our remarkable revenue growth, soaring from $13 million in 2021 to an impressive $55 million in 2023. These achievements reflect the boundless opportunities that lie ahead for our dedicated team.

Our workforce, comprised of smart and energetic individuals, is passionate about providing exceptional customer service. Driven by a commitment to elevating customer experiences and fostering an empowering work environment, we simplify complexities and generate positive outcomes. At Locke Solutions, we embody a service-oriented ethos, embrace innovation, and collaboratively tackle challenges to achieve outstanding results. We genuinely care about our employees, striving to make their lives better, aligning with our dual purpose of making customer lives easier and improving the lives of our team members.

ROLE SUMMARY

As a Business Development Executive, you will lead the charge in researching, developing, and initiating new business opportunities and key contacts within the industry. Your role involves adding, monitoring, and updating CRM entries and reports to track and enhance business interactions. Connecting with key decision-makers to close new sales is a pivotal aspect of this position. Additionally, you'll play a crucial role in researching and reviewing potential business deals, evaluating market strategy, deal requirements, and product/project fit.

Key Results:

Key Result Area #1 - New Business Development:

Successful Result: achieving a Key Performance Indicator (KPI) of New Business Growth Year Over Year (YTY) exceeding 25%.

  • Research, develop, and initiate new business opportunities, establishing contacts with key decision-makers.
  • Identify and engage with potential clients and business partners to expand the company's reach.
  • Initiate and maintain relationships with key industry stakeholders for potential collaboration.

Key Result Area #2 - CRM Management

  • Add, monitor, and update CRM entries and reports to ensure accurate tracking and reporting of business activities.
  • Regularly review and analyze CRM data to identify trends, opportunities, and areas for improvement.
  • Collaborate with sales and marketing teams to optimize CRM utilization for effective business development.

Key Result Area #3 - Sales Closure

  • Connect and develop relationships with key decision makers to facilitate the closing of new sales.
  • Collaborate with the sales team to understand client needs and present tailored solutions.
  • Act as a bridge between potential clients and internal teams (i.e. Sales, Operations, Project Management) to ensure smooth onboarding and project initiation.

Key Result Area #4 - Market Research and Deal Review

  • Research and review potential business deals for market strategy, deal requirements, and product/project fit.
  • Stay informed about industry trends, market dynamics, and competitor activities.
  • Provide insights and recommendations based on thorough analysis of potential business opportunities.

Job Summary

JOB TYPE

Full Time

SALARY

$88k-113k (estimate)

POST DATE

02/11/2024

EXPIRATION DATE

06/05/2024

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Locke Investments, LLC
Full Time
$82k-99k (estimate)
2 Days Ago
Locke Investments, LLC
Full Time
$36k-46k (estimate)
2 Weeks Ago

The job skills required for Business Development Executive include Business Development, CRM, Sales and Marketing, Insight, Project Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Executive. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Executive. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Business Development Executive positions, which can be used as a reference in future career path planning. As a Business Development Executive, it can be promoted into senior positions as a Business Development Associate IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Executive. You can explore the career advancement for a Business Development Executive below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Executive, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Executive for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Executive job description and responsibilities

A business development executive plans for promotion campaigns and the supply of quality products.

01/21/2022: Biloxi, MS

A business development executive works closely with sales teams and regional sales managers to keep track of the total sales generated.

02/05/2022: Charlotte, NC

Business development executives are also responsible for evaluating the risks and benefits of potential business partnerships.

03/09/2022: Altoona, PA

The business development executive conducts research regarding leads and business targets.

02/06/2022: Tallahassee, FL

The business development executive will focus on customer acquisition, lead generation, and prospect management, as this role will garner and meet with potential clients.

02/18/2022: Norfolk, VA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Executive jobs

Consider earning an advanced degree (MBA or master's).

12/31/2021: Tulsa, OK

Must be able to create good presentations.

12/23/2021: Oklahoma City, OK

Must have good negotiation skills.

02/22/2022: Nashville, TN

Use business development skills as a focus for professional development.

02/16/2022: New London, CT

Use the right business development methods.

03/07/2022: Worcester, MA

Step 3: View the best colleges and universities for Business Development Executive.

Butler University
Carroll College
Cooper Union
High Point University
Princeton University
Providence College
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