Ahsenture Business Developers use different tools & techniques for business development. The business developer is concerned with the analytical preparation of potential growth opportunities for the senior management or board of directors as well as the subsequent support and monitoring of its implementation. Both in the development phase and the implementation phase, the business developer collaborates and integrates the knowledge and feedback from the organization’s specialist functions, for example, research and development, production, marketing, and sales to assure that the organization is capable of implementing the growth opportunity successfully. The business developers’ tools to address the business development tasks are the business model answering “how do we make money” and its analytical backup and road map for implementation, the business plan. We setup and manage strategic relationships and alliances with other, third-party companies. In these instances the we may leverage each other’s expertise, technologies or other intellectual property to expand their capacities for identifying, researching, analyzing and bringing to market new businesses and new products. We also focus on implementation of the strategic business plan through equity financing, acquisition/divestiture of technologies, products, and companies, plus the establishment of strategic partnerships where appropriate. Business development is to be thought of as a marketing tactic. The objectives include branding, expansion in markets, new user acquisition, and awareness.