Many entrepreneurs have brilliant business ideas, but lack business experience. Whilst you can get your company off the ground, it is time you fight or run your own operations. You need to take up the role of CEO and hire an online business manager if you want your start-up to be a small business.
What is an OBM?
In traditional terms, OBM is the manager of the office – the right partner to the owner of the company. The Online Business Manager is developing ways to help the business as a whole operate more efficiently. From accounting to social media, the OBM ensures that employees have the tools and training they need to keep the company running at full speed.
Many companies owners hire an online business manager and a virtual assistant as these positions have the same duties and responsibilities, so the two are similar in many ways.
Online Business Manager and Virtual Assistant
A virtual assistant will be equivalent to a traditional administrator. This person plays an important role in scheduling, arranging business trips ensuring that the company owner and management staff are up-to-date with all messages. This person is essential to keeping the owner updated and their business plan on track.
Benefits of Hiring Online Business Manager
- The right online business manager for your company can be a complete game-changer if you‘re looking to build your team, scale up your company, increase your sales, extend your scope. So it is very important to hire an online business manager.
- The online business manager helps you to achieve your goal by making goals and projects more streamlined. An online business manager (OBM) is a remote service provider that offers assistance at management level to busy online business owners.
- If the day-to-day is handled by an online business manager, you will be free to focus on issues like vision, strategy, brand creation, and new collaboration.
- Business managers work in a variety of industries, including banks, schools, hospitals, restaurants, and businesses. The details of tasks performed by business manager continue to depend on the sector
- they operate within.
Online Business Manager Requirements
- Can manage time wisely.
- Can work very well with the team.
- Have experience in managing.
- Carrying out weekly team meetings.
- Project administration.
- Can take a decision without help.
Online Business Manager Job Description
- Operation management: Keep track of daily activities, analyze and streamline operations, and simplify them.
- Project management: Make sure that things happen on time and get status communicated use project planning experience and software to manage all projects on time and within budget.
- People management: Try to clearly communicate, supervise others, answer questions, and guide.
- Metrics management: Develop weekly and monthly metric tracking systems for informed business decisions to provide political, compliance, and organizational guidance and stakeholders.
- One of the job description for an online business manager is to supervise all the work and to make sure that is done on time.
Online Business Manager(OBM) Roles and Responsibilities
- Project Management – laying out plans and managing projects through to completion, including launches, managing programs, creation of new revenue streams, updating websites, etc.
- Operations Management – automating systems and creating processes for all day-to-day activities in the business to streamline and simplify how things are run
- Metrics Management – tracking stats for key business activities to see what is working and what is not working so that decisions can be made for ongoing growth
- People Management – outsourcing, managing, and leading the efforts of the team to meet business goals
What is an Online Business Manager responsible for?
- He is responsible for the type of business and what is involved.
- He is responsible for the team members and solving their problems.
- Motivating the team members.
- Updating policies and corporate records.
- Can manage the project.
- Hiring new employees.
- Preparing senior level reporting.
Online Business Manager Skills
- Once you hear a brilliant idea, you immediately begin to think about the steps you need to make so fast thinker it is very important in this career.
- Jumping into big business that excites you.
- You love working with systems and procedures to make things work as efficiently and consistently as possible.
- You are able to delegate and be in charge of a virtual team.
- Financial management.
- Can solve problems.
- have leadership skills.
- Can build a strong relationship through networking.
- Have negotiation skills.
- Online business manager salary:
- An online business manager offers a much higher quality of support.
Online Business Manager Salary
The online business manager can take per hour that ranges from $40 and annually he takes $66,189 in the USA.
Salary is not fixed but you can expect to take per hour from $40 to $120 or more retainer packages start from $600 up to $3000 per month.
There are many ways of pricing this type of service:
- A fixed project fee.
- A monthly retainer.
- An hourly rate.