Entrepreneurs need to set up boards of directors. Get started here. Then learn more in our full section on governance.


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Building your dream advisory team

How to build and make the most of your advisory team.


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Keys to good governance for entrepreneurs and their boards

Essentially, good governance is the ability and willingness to ask the right questions at the right time and to provide good advice while demonstrating confidence in the venture.

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The role of a successful board

How does a board of directors differ from a team of managers? It’s quite simple: boards govern while management manages.


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Advisory board (definition)

An advisory board is a group of individuals who have been selected to help advise a business owner on a variety of business issues.

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Separating governance from management

Boards govern while management manages. Good boards work on the premise that while accountability can be delegated, responsibility cannot.


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Personal liabilities and fiduciary duties of company directors

Co-founders need a basic understanding of the personal liabilities that the law imposes on a company’s directors.

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Creating your initial board of directors

As the startup takes shape, the you will need independent help and advice.


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Different board governance models for different ventures

When establishing your board, see the details in the corporation’s bylaws regarding numbers, officers, positioning of the business leader and board leader, frequency of meetings, and other numerous requirements.

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Working with advisors

Critical advice for startup founders as they enter an advisory relationship and highlights ways to develop a lasting alliance.