You are a sole proprietor sitting alone in your office looking for inspiration, insight and connections, who do you call?
A Board of Directors
may be just what you need. Good boards are comprised of knowledgeable, experienced and well-connected individuals who can help you take your business to the next level. Just as many hands make light work, many brains can help solve problems and create innovative opportunities. Best of all, boards are not just for multi-million dollar corporations with offices around
The type of board that is appropriate for your business will depend on your corporate structure, the size of your organization and its goals, not to mention its profit or non-profit status.
While legal advice is always recommended when establishing a board, the Free Management Library ™
is an excellent online resource that will help you evaluate whether a board of directors is appropriate for your business, and if so, the form it could take.
Stay tuned for our upcoming blog on Advisory Boards.