Last month, Richard Brandson has asked
one important question about delegation of control over finances. According to
him, “How, I can get success in delegating financial responsibilities and
duties to my colleagues without turning them in to some of the lunatics, who
only give their concern in balancing accounts by the use of scientific
calculators?” Brandson further said that as one of the heads of the company, he
has to give his concern towards several essential areas. You should always have
your intention to manage your time in fair and sensible way, while balancing
the books and steering of the companies.
Because of this reason only, most of
the established companies give huge amount of money to their financial
directors, so that the companies under the help and guidance of financial
directors may keep proper tracks of their profits and losses. In fact, managing
finance or keeping a proper track of profits and losses of any of the companies
is not an easy task. Hence, financial directors and owners of business
organizations should have to spend bit more time in giving their concern
towards the financial accounts at the time of starting business. Richard
Brandson, founder of Virgin Group further said that he and his financial
fellowmen have also faced huge financial difficulties, but later on, they have
overcome the difficult situation in easy way.
