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Richard Branson on how to delegate control of your finances

You can’t do it all, so take this advice from the billionaire entrepreneur on how to share the responsibility of managing your company’s finances.

Q: How can I delegate financial duties and responsibilities to my colleagues at work without turning into a lunatic who’s always balancing accounts with a scientific calculator?
–Elias Nyaga, Nairobi, Kenya

As the head of a company you’ll find that there are many areas that need your consideration. Trying to divide your time sensibly and fairly across them all while you’re balancing the books and steering the company is a real test.

That’s why top finance directors are paid high sums to keep track of a company’s profits (or, indeed, losses). It’s no simple task.