Business managers drive the work of others (if any) in order to operate efficiently and (in the case of for-profit companies) to make a profit.
[3] In many businesses, the role may be established to relieve the owner of responsibility, in order to focus on specific aspects of company expansion.
[4] A business manager should be willing to accept constructive criticism from employees, develop social skills, be organized, honest and able to take good decisions.
The role largely originated from Allen Klein, who represented numerous performers, helping them to both invest their incomes wisely and to recover unpaid (or underpaid) royalties and fees.
Business managers commonly have an overlapping presence in both the entertainment and sports industries, as illustrated by business manager Barry Klarberg, who represents entertainer Justin Timberlake as well professional athletes C. J. Wilson, Mark Messier and Anna Kournikova.