What Deal Size Can Each Level Of Authority Approve?

Here’s a breakdown 👇

1/ Head of

Oversees daily operations and handle minor expenses in their departments.

💰 €5,000 to €50,000

2/ Director

Oversees specific departments or projects and control their budgets.

💰 €10,000 to €100,000

3/ VP

Oversees major divisions or functions and have substantial budget control.

💰 €100,000 to 500,000

4/ C-Level / Board (Unicorns):

Makes strategic decisions and large investments affecting the entire organization.

💰 €500,000 and above

The amounts can vary based on factors like company size, market, or industry. For example, my first 7-figure deal was approved at the SVP level, since the Director could “only” approve €500K.

In any case, €500K and €1M are usually big thresholds for most companies––even large ones.