Governance and partnerships
As your business grows and demands more of your time, it may be difficult for you to make every key decision. Many business owners set up an advisory board or board of directors to help streamline the decision-making process. Explore both options and decide if either is right for you.
Board of Directors or Advisory Board
When you first start your own business, the decision-making process usually falls on one pair of shoulders. It is often difficult to continue making decisions and to grow your business at the same time. Many entrepreneurs ask their peers for advice or appeal to a board of directors or an advisory board for specific expertise.
- Date modified: