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Run & Grow

Want to Take Your Business to the Next Level? Consider Establishing a Board of Directors

Sound advice from a strong board can be invaluable to good business strategy

When entrepreneurs seek counsel on developing their business -- whether the goal is to accelerate growth, add new capabilities, provide governance or improve profitability -- I frequently offer the same advice: Consider the make-up of your board. Business owners are responsibility rich and ...

by Michael Butler  | April 20, 2017 02:00:00
Startup Tips

What's the Difference Between an Advisory Board and a Board of Directors?

And which one do you need for your business?

Many entrepreneurs I know are confused by the differences between an advisory board and a board of directors. So, to explain in one sentence: advisory boards are voluntary and have no fiduciary responsibility. I recommend a small one for every startup, starting at inception, prior to a ...

by Martin Zwilling  | April 06, 2017 12:00:00