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Dacey Rankins

added blog Business
2025-11-14 20:54:03 -

Business Development – Foundations, Strategy, Operations & Common Questions
Introduction Business development (BD) is one of the most misunderstood functions in modern organizations. Many assume it’s simply another word for sales, others treat it as marketing or partnerships, while some see it as networking and outreach. In reality, business development is a strategic discipline focused on long-term growth, requiring market analysis, relationship-building,...

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Dacey Rankins

added blog Business
2025-11-18 15:40:55 -

How Do I Develop a Business Development Strategy? (Step-by-Step Guide)
A business development strategy is the master plan a company uses to identify new growth opportunities, build strategic partnerships, expand into new markets, and strengthen long-term competitive advantage. Unlike marketing (which drives demand) or sales (which closes deals), business development focuses on creating the pathways through which future demand and revenue can exist. A strong...

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Dacey Rankins

added blog Business
2025-11-19 18:57:25 -

What Budget or Resources Should I Allocate to Business Development Activities?
A comprehensive guide to building a sustainable, effective BizDev budget Business development (BD) is one of the most misunderstood areas when it comes to budgeting. Many companies either underinvest (leading to weak pipeline growth) or overspend (with no strategic focus). The truth is: the right BD budget depends on your goals, stage of growth, industry, and strategic priorities — not a...

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Dacey Rankins

added blog Business
2025-09-04 13:27:09 -

What Does a Growth Plan Look Like?
A growth plan is the roadmap that outlines how a business intends to expand, capture new markets, and increase revenue over a defined period. While a growth strategy focuses on the “what” and “why” of growth, a growth plan dives into the “how,” specifying actionable steps, resources, and timelines. Without a clear growth plan, even businesses with the best...

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