Jobs · Business Development · Colorado

New Business Market Development Manager - CO & WY

Ace Hardware Corporation · Denver, CO · 1 wk ago
Business Development$103k–$129k/yrFull-time

About the role

The New Business Market Development Manager (MDM) for CO & WY manages the business development process in their respective region of the country. The goal is to efficiently and systematically increase Ace’s market share via our new store growth strategy.

Responsibilities

  • Recruit, educate, and motivate potential candidates. This includes sales, the development of a business plan and consulting with existing Ace retailers, new investors and competitor conversion or acquisition candidates.
  • Determine when to say 'yes' and (equally important) when to say 'no'. The MDM is the front line accountability on determining prospect business acumen, character, competence, and financial wherewithal, and finalizing and/or closing the opportunity.
  • Execute the technical operating procedures from Interest-to-Application. This involves demographic work, trade potential, sales forecasting, site audit, and the expansion area notification process, creating the proforma and securing approval from all stakeholders, executing the letter of intent (LOI), assisting with securing financing, and completion of the Ace membership application following the Standard Operating Procedures.
  • Develop the market. Pursue every opportunity in a market as it relates to potential candidates (new investors, existing Ace retailers, conversion prospects or acquisitions), open markets, real estate site possibilities, lender relationships, broker relationships and public relations. The MDM is the lead on creating momentum in a market through the combination of their market diligence and their Ace advocacy with these various stakeholders.

Requirements

  • Minimum of 5 years of experience in retailing, franchising, real estate or market development work
  • College Degree in business preferred but not required
  • Strong negotiation skills
  • Strong presentation skills to a variety of audiences
  • Interpersonal ability to create trust, respect and understanding
  • Business Acumen – understand the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Franchise intelligence – understanding of our “franchise” competitors and how to uniquely position Ace against these other investment choices
  • Proficient in MS Office (Word, Excel, PowerPoint, Outlook)
  • Ability to work flexible hours and extensive travel overnight (3-4 days/week)

Qualifications

  • Ability to develop, secure, and close a new store and/or conversion opportunity
  • Strong interpersonal ability to create trust, respect and understanding
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Strong grasp of the economics of business and retailing (Ability to interpret Business Financials)
  • Strong grasp of the lease negotiation process
  • Strong grasp of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Strong grasp of capitalization

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