About this lesson
Every small business can benefit from a group of advisors. An “advisory board” may sound as if it is reserved for only big businesses, but this is certainly not the case. This lesson shows you how to create an effective advisory board and how you can use it to help you make the right decisions.
It is important to match the people on your board to the information that you need. Remember that the first person who is happy to give you advice may not be the right person for your business.
Carefully evaluate their credentials.
How much does it cost?
All related online training is fully funded by SCORE. There is no cost to you to access and use these lessons.
Why you should do it
Starting and growing a business can be a lonely and isolating experience—but there are ways to avoid this. Surround yourself with a circle of advisors for help or advice in growing your business.
Most successful entrepreneurs can recall a specific person who gave them much-needed advice, and many of them still have friends and colleagues they can call on regularly as their business grows. Do not discount this often overlooked business basic.
Who should complete it
All small business owners who want to build a network of advisors who can help turn a business vision into reality, and provide ongoing advice and support.
What you will end up with
In this lesson we will outline how you can use advisory boards in your business to assist you develop new markets and improve your business. We'll cover:
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Finding the right people for your advisory board
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Sharing your business vision
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Building an action list of ideas to implement