Private Companies – Why Form a Board?

Every public company has a formal Board of Directors with fiduciary duties to shareholders. However as the owner of a private company I’d like use this post to highlight some of the objectives, benefits and costs of various forms of Boards. The Advisory Board...
The Board Meeting – Agenda & Preparation

The Board Meeting – Agenda & Preparation

Preparation, agenda and time management are the key ingredients to a productivity Board Meeting. All reports mentioned below should be circulated 48 hours prior to the meeting. Here are some ideas on all three. Agenda 1.  Actions from previous meeting. Preparation:...