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Board Of Directors 12

 Image Credit: Canva Photo by Rebrand Cities from Pexels

How to Successfully Establish a Board of Advisors and Board of Directors

Many startup founders I know avoid establishing a formal board of advisors and directors for as long as possible, with the excuse that this is just another burden, or it has more risk than value to the founder. Related Article: Do you Need a Board of Advisers? In my experience, just the opposite is true, since […]

8 months ago
Click here to discover 8 steps to build a board of advisors and directors
 

CEO vs President – You Need to Know That Their Role Are Different

The role of CEO and President, and sometimes Chairman of the Board are often used interchangeably. In a small business this might be true, but each title has a different set of duties.

1 year ago
Click here to learn the difference between CEO and President.
 

How To Create Your Corporate Management Structure

Corporations are legal entities that have stockholders and require a rather specific corporate structure to be compliant. The structure can be thought of like a pyramid with shareholders at the bottom, the board of directors in the middle, and officers at the top.

2 years ago
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Critical Formation Errors that Will Destroy Your Business

There are a number of common mistakes many founders make that can destroy everything they worked so hard to achieve. Most occur when there is some business success. Some mistakes are made out of ignorance during the initial filing process with the Secretary of State and others are the result of failing to finish the process.

3 years ago
Click here to discover the most common mistake founders make.
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How to Get Paid in an S-Corp

How You Get Paid as An Office and Or Shareholder of an S-Corp Is Different. Here Is What You Need to Know About Getting Paid.

3 years ago
Click here to discover the proper way to get paid as an officer and shareholder of an S-Corp
 

How to Make the Most of Networking Events

Over the past several months, I have attended dozens of networking events and what strikes me most is the lack of real understanding of how effective networking works. Many businesses think networking is just meeting people. Networking is much more than just meeting people and exchanging business cards! A properly constructed networking plan can lead to […]

4 years ago
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Non-Profit or For-Profit?

I often encounter clients that want to create a non-profit business. They all too often think that the primary difference is just one pays taxes and the other does not. They think that as long as they have a social benefit, they can be considered a non-profit. However, there is a vast difference between their […]

4 years ago
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Who Is Stronger, The Board of Directors or CEO?

In most businesses that employ a Board of Directors, the board consists of key employees of the company like the CEO, presidents, and vice presidents as well as key investors. Contrary to conventional wisdom, the smaller the board the stronger it is. When you have a big board, the power of the CEO increases since […]

5 years ago
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Stage 4: The Guardians of Business

When a business advances from stage 3 to stage 4, the business transformation is nearly complete. During stage 4, company decay can often begin to set in as the administration of the business is placed in the hands of a “guardian.” The primary motives of the business guardian are comfort and security. Unity towards a purpose […]

5 years ago
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Not Enough White, Too Much Purple

Tandy Leather was a family owned business located in Texas. Dave Tandy was a partner in a leather heel and shoe repair business which was founded in 1919. Charles Tandy, the son of Dave, took over the business after World War II and changed the business’s focus to leather craft after seeing how leather crafts […]

6 years ago
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Email – steve@stevebizblog.com

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