Delegation is the transfer of your responsibilities to your staff. Delegating production and sales functions is extremely important to the success of a small business. If you are the main producer or the main seller of services or goods in a firm, the development of the firm is limited by your ability to work. There are only 24 hours in a day. You can not hold two business meetings at the same time.
Therefore, it is necessary to free yourself as much as possible from these responsibilities. When you do this, the current profit is likely to decline, but there is huge potential for business development and time to engage them closely.
However, it is necessary to choose carefully which functions to delegate.
We do not live in an ideal world and it is unlikely that you can delegate everything. With some responsibilities it is simply dangerous to do so, because you lose control of the firm and the other person gains it. To be safe, some functions are better broken down into components and assigned different people to do each one. For example, different people should negotiate with suppliers and make purchasing decisions to reduce the likelihood of commercial bribery.
The process of delegation can be greatly simplified by reviewing the organization of business processes and reducing the number of functions. After that, the functions should be formalized as much as possible so that their implementation does not depend on a particular employee. It also makes sense to make the delegated responsibilities slightly overlapping, so that the occasional mistake of one of the employees would not have too damaging an effect on the result.
