Individuals who advise on a business

Is an Advisory Board for You?

Over the years, I’ve been honored to be asked to participate on advisory boards a few times.  Each were positive experiences for me and one I'd recommend with a caveat to understand your role before accepting.  An advisory board typically differs from a corporate or nonprofit board of directors because these aren't elected positions.  Advisors aren’t officially elected to the seat nor do they have a fiduciary responsibility for their actions. They are advisors only, not directors. My first experience was for a large corporation and another was a small business.  Both were valuable experiences that enabled me to gain…

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