Keep a business financially afloat by taking charge of money matters.
What does a Business Manager do?
Business managers run the financial side of a business while monitoring the activities of subordinates and upper management. A business manager works with the office manager or plant supervisor to ensure that the staff’s output matches the goals set by the management upstairs. If there are problems on either side of the equation, the business manager is the person to iron them out. Depending on the size of the company, if you’re business manager you may have your hand in the day-to-day operations of the staff including hiring, payroll, and customer relations. In bigger companies, you have less contact with the customer and spend more time filtering communication between upper management and lower-tier staff. When you’re not putting out fires, you spend a typical day creating financial reports, analyzing sales data, negotiating contracts, monitoring advertising campaigns, and reviewing policy changes. Your knowledge of finances and business allows you to keep the marketing team on task while also coordinating the company’s annual fundraiser. A lot of paperwork, yes. You need that trail of information to stay organized, complete reports before deadline, and as reference when the accountant or lawyer calls you about a situation. But you are more than a paper-pusher. You’re also a major decision maker. You are quick with a choice when asked which advertising campaign will fit into the budget or whether the last promotion posted a profit.