Business Development starts with a process to think clearly – a mindset.
This clear-focused thinking is directed to the master plan for the business’s purposes – its strategy.
With a strategy in place, research and development leads to the choice of markets, products and services.
To actually deliver these products and services, operations implements both routine steps and project management.
For orders to be received from buyers, the sales process communicates the offers and asks buyers for their orders.
To get into these presentations to buyers, the promotion process includes marketing and publicity to attract potentially interested buyers.
Finally, the rest of the business tasks that don’t directly affect buyers are grouped into the area of administration.