ABSTRACT

No man possesses an unlimited capacity for work. Physique, brainpower, training, aptitude, time, place and many other factors restrict human activity. If a man owns a business, the limits on his capacity for work sooner or later force him to seek and obtain assistance from others. He may find that he simply cannot cope with the volume of work. He may require the services of a lawyer or an accountant, or some other specialist assistance; he may be tired of trying to be ‘in two places at once’. Whatever the problem, if he obtains the assistance that he needs, he must decide how the work is to be allocated and he must pass down to others part of the responsibility for running the business.