As a business owner, you know that every dollar counts. In this economic climate, however, there’s no room for complacency.
You need to make sure your business is profitable and growing so it can survive long into the future.
That means finding ways to cut costs and make more money from existing resources.
If you’ve ever wondered what type of work you could do once your company gets bigger or how much money an individual in each field makes per year on average, well, now’s the time to find out.
We have compiled a list of the highest-paying business jobs for your perusal and decision-making. These are totally free.
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Highest Paying Business Jobs
1. Real Estate Broker
Real estate brokers are the middlemen of the real estate industry. They are responsible for finding and connecting buyers and sellers, negotiating the terms of a transaction, as well as collecting commissions from both parties.
Brokers work with many different types of clients, including homeowners looking to sell their homes or move into new ones.
They also cater to landlords who need tenants for their rental properties, apartment complexes that want to rent out apartments, and hotels that want people staying at their hotel rooms during conventions or special events.
Real estate brokers make money through commissions on deals they broker or find themselves involved in, which can add up over time if you work long hours daily.
Real Estate brokers are estimated to make about $42,000 per year.
2. Financial Manager
Financial managers are responsible for setting budgets, controlling expenses, and helping businesses analyze their financial data to make better decisions.
They often have a degree in finance or accounting, but not all jobs require such an education.
Some financial managers may have experience working at firms specializing in sales and marketing, while others may be self-taught experts in money management.
The average salary for this occupation is $75-$125k per year, depending on experience, but some positions pay much higher than that—$120k+.
3. Marketing Manager
A marketing manager has the responsibility for the company’s overall marketing strategy, from creating ads and campaigns to developing new products.
They are responsible for making sure the company’s products are advertised properly, as well as ensuring that customers know about them.
If you have experience in marketing or advertising, this job might seem a good fit for you.
To get started in this field, however, it’s important to first learn what all marketers do and how they do it differently across different industries.
Once you have mastered these basics and practiced enough on your own time, there won’t be any awkward pauses while she looks down at her resume and realizes she has no idea where else to start applying.
4. Human Resources Manager
Human resources managers are responsible for recruiting, hiring, and training employees.
They also coordinate benefits, compensation plans, and employment policies that comply with federal law.
Human resources managers often have a college degree in business administration or human resources management, but they can also be trained on the job.
A bachelor’s degree is typically required for this position at the entry-level (5-10 years); however, some employers may also accept an associate’s degree.
5. Sales Manager
Sales managers are responsible for managing a sales team, which means they need to be able to develop and grow both the company’s revenue and its reputation.
The average salary is $120,000 per year, so if you love the thrill of selling products or services, this can be an excellent job opportunity.
Sales managers often work in a variety of industries: from pharmaceuticals to technology companies like Apple or Google. They may also manage teams at large retail chains such as Costco or Whole Foods Market.
If you’re looking for flexibility with your career path or just want some time off, it’s important that your profession has minimal travel requirements; otherwise, it will impact how much money you earn each month.
6. Insurance Agent
Insurance agents are in high demand, earning a median salary of $67,700 per year. They can earn up to $250,000 depending on their experience and location.
Insurance agents need to have a license to sell insurance, and their customers should be happy with the service they provide them.
Insurance agents should also have excellent customer service skills because they’re likely handling complaints from customers who want refunds or other forms of compensation, such as extended warranties.
7. Computer And Information Systems (CIS) Manager
In the United States, computer and information systems managers are responsible for managing an organization’s computer and information systems.
They typically have a bachelor’s degree in computer science, business administration, or a related field. CIS managers can earn between $84,000 and $117,000 per year.
8. Business Intelligence Analyst
The average annual salary of a principal business intelligence analyst is $105,737. If you are the business analytical type, you will enjoy a good career as a business intelligence analyst.
A business intelligence analyst work with data, and lots of it. Your job is to collect data, analyze it and prepare reports on it.
The main aim is to assist other people in the company in making better business decisions.
For example, when you work as a tech recruiter, you will have a team of 5 recruiters and one BI analyst supporting our team and other teams.
You will be asked to make valuable data, graphs, and conclusions from your past work. Which clients paid the most money? Which jobs were we able to fill the fastest and therefore earn the most?
A bachelor’s degree, for example, in business administration, is sufficient in terms of formal education. But you may want to pursue a Masters in Business Analytics to gain an edge over your competition.
Also, consider building your experience in database management and programming languages (Python is common), which will help you stand out.
At the very least, be comfortable/advanced in Excel. Since your work revolves around data, the role of a business intelligence analyst is also suitable for remote work.
Qualifications And Skills Required
Most employers fill these business positions with candidates with at least a bachelor’s degree in a field such as business administration or project management.
However, some employers prefer a candidate to have an MBA (Master of Business Administration) or a master’s degree in a related field.
To work in project management, you should have excellent communication skills. Strong leadership skills are also crucial, as project managers often delegate tasks to other team members.
Apply and interview for positions for which you are qualified. You can opt for low or medium-level jobs to improve your skills. After gaining the necessary experience and skills, move on to the highest-paying jobs in project management.
We have taken a look at the highest-paying business jobs. These jobs offer high salaries, bonuses, and other benefits.
These positions are a good way to make money while also doing something you love.