CREDIBLE RESEARCH SHOWS THOSE BUSINESS OWNERS WHO ENGAGE A BOARD OF ADVISORS OUTPERFORM THOSE BUSINESSES WITHOUT ONE. IT SHOULD BE A COMPETITIVE ADVANTAGE FOR YOU.
We have sat on a diverse range of formal and advisory boards and panels for public companies, private companies, family businesses, NFP's and governments entities. We currently sit on family business boards as external subject matter experts.
Implementing an advisory board can provide several advantages for business owners, such as:
Diverse expertise: An advisory board provide business owners with access to a diverse range of expertise and experience. Members of the advisory board come from various backgrounds and industries, and their unique perspectives and insights can help the business owner make more informed decisions.
Strategic guidance: Advisory board members provide strategic guidance to business owners, helping them to identify new opportunities, avoid potential pitfalls, and navigate complex business challenges. With their collective experience and knowledge, the advisory board help the business owner develop a long-term strategy for growth and success.
External networks: Advisory board members often have extensive networks that can be leveraged by the business owner. These networks help the business owner identify potential partners, investors, or customers, and also provide access to industry-specific resources and expertise.
Accountability: The advisory board will hold the business owner accountable for their actions and decisions. This helps to ensure that the business owner remains focused on their goals and stays on track to achieve them.
Credibility: Having a reputable and experienced advisory board can enhance the credibility of the business in the eyes of stakeholders such as investors, customers, and suppliers. This will help to attract new business opportunities and build a positive reputation in the market
