Profitshare Partners Salary for Business Development Head BETA

What is the average salary for a Business Development Head at Profitshare Partners in the United States?
Based on our data, it appears that the optimal compensation range for a Business Development Head at Profitshare Partners is between $244,714 and $334,383, with an average salary of $288,332. Salaries can vary widely depending on the region, the department and many other important factors such as the employee’s level of education, certifications and additional skills.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

ProfitShare Partners Overview

Website:
profitsharepartners.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

About ProfitShare Partners ProfitShare Partners is a Fintech business that provides disruptive short-term capital solutions (from R250,000 - R5 million) and transactional support to SMEs who have no access to funding, no security, financials or track record but have a contract or purchase order with a reputable company or government department. The company responds to applications within 24 hours, generates a term sheet within 48 hours and pays out within 7 days for new clients - even quicker for existing clients. ProfitShare Partners does not charge interest. Instead, they share in the profit with the SME. This is a high impact growth tool for SMEs, which enables rapid growth without giving away equity. About Edge Growth Ventures Edge Growth is a leading SME and Venture Fund Manager, specialising in developing small businesses and creating jobs and real transformation by connecting corporates and entrepreneurs, growing SMEs by addressing their key constraints: access to finance, markets and skills. The offering consists of three services areas, designed to achieve maximum IMPACT: ESD Strategy for corporates & building SMEs in their value chain; investing in and growing SMEs through fund management; and scaling business to full potential through accelerator programmes. About Vumela Fund Vumela was established in 2009 by FNB Business Banking and Edge Growth to help alleviate poverty in South Africa by creating jobs through supporting the growth of SMEs. Vumela has R388M under management, from FirstRand and the Jobs Fund, and to date has deployed R175M to 15 early stage businesses, creating over 1000 permanent jobs, primarily for low to middle income individuals.

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What Skills Does a person Need at Profitshare Partners?

At Profitshare Partners, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.
  2. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  3. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  4. Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
  5. Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.

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Check more jobs information at Profitshare Partners

Job Title Average Profitshare Partners Salary Hourly Rate
2 Accountant $78,815 $38
3 Administrative Assistant $46,662 $22
4 Chief Executive Officer $739,511 $356
5 Credit Analyst $59,907 $29

Hourly Pay at Profitshare Partners

The average hourly pay at Profitshare Partners for a Business Development Head is $139 per hour. The location, department, and job description all have an impact on the typical compensation for Profitshare Partners positions. The pay range and total remuneration for the job title are shown in the table below. Profitshare Partners may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $288,332 look to you?

FAQ about Salary and Jobs at Profitshare Partners

1. How much does Profitshare Partners pay per hour?
The average hourly pay is $139. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Profitshare Partners?
According to the data, the highest approximate salary is about $334,383 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Profitshare Partners?
According to the data, the lowest estimated salary is about $244,714 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.