What Should a Business Developer Know?
Since business development involves high-level decision making, the business developer should remain informed about the following:
The current state of the business in terms of SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats). (For more, see: #Executing a SWOT Analysis.)
#The current state of overall industry sector and growth projections
#Competitor developments
#Primary sources of sales/revenues of current business and dependencies
#The customer profile
#New and unexplored market opportunities
#New domains/products/sectors eligible for business expansion, which may complement the existing business
#The long-term view, especially with regards to the initiatives being proposed
#The cost areas, and the possible options of cost-savings
Source: http://www.investopedia.com/articles/personal-finance/090815/basics-business-development.asp#ixzz4esBJdhFD