Governance360 Blog

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Company Governance (2)

5 tips to improve your Board's skills

5 tips for improving your Board's skills

A company’s Board of Directors is in essence your business’s governing body. They work for the company, are responsible for the company, and are there to provide the company with advice and guidance.

The decisions your board makes should always be in the company’s best interests, and provided you have recruited the right members for your board this will be the case.

However, the more skilled your board is, the better informed they are and the better decisions they can make. We explore here five tips for helping you improve the skills of your board of directors…

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How to write board minutes purposely

How should board minutes be written - purpose and style

Writing minutes of a board meeting is a necessary part of making sure your board of directors is run efficiently and successfully.

There are not many legal guidelines on the contents of your minutes, although there are some common and best practices which you can read about here.

There are sometimes questions around the purpose and style of board minutes, which we cover below…

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Advisory Boards can be useful.

What is an Advisory Board?

A growing number of businesses are appointing Advisory Boards to help them with strategic direction.

But what is an Advisory Board? We cover here what it is, why it is different to a Statutory Board and why you might consider appointing one for your business.

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Everyone has a Story but can they all be a Company Director?

Who can be a company director?

When starting a company and registering as a limited company at Companies House in the UK, every business must have one Director and one Shareholder, which is in most cases the founder/owner and can often initially be one and the same person.

As businesses grow, and gain second, third directors, a board of directors is formed. Most people can hold a director position, however there are a few cases in which you may not, which we cover below.

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