BD in business stands for Business Development, which is the process of managing sales, marketing, partnerships, and proposals to grow a company and make it more successful. Business Development is an over-arching process that involves identifying, maintaining, and encouraging relationship building within a firm, building rapport with both suppliers and customers, and strengthening the bonds between these links. A Business Development Director should oversee and support the different go-to-market tasks, be involved in the financial forecasting, and work directly with management to predict near and long-term sales. Business Development can impact every department within a company, including sales, marketing, manufacturing, human resources, accounting, finance, product development, and vendor management. Business Development leaders and team members need a wide range of both soft and hard skills.