Family and closely-held businesses often lack the breadth of vision and diversity of experience they need to take a business to the highest level possible. Creation of an Advisory Board made up of outsiders who are experienced business leaders is a way to “push the envelope” and cause the owners to examine directions and possibilities they might not otherwise consider. Through this process they make the business stronger, increase the shareholder value and better position the Company to capture the opportunities that are available.
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View the Best Company – Proposal for an Advisory Board document