Governance360 Blog

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…

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…

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.

Part of complying with the legal responsibilities of being a director is managing conflicts of interest. They are important to identify as they affect the company’s ability to operate, its reputation and ultimately its growth, but once identified how do you manage them?

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.

When you have a limited company, you may wish to appoint a company secretary, but what is the role of a company secretary and do you need one for your business?

As a director you have a legal obligation to be able to identify conflicts of interests in company decision making, but what are they, and why are they important?

Taking on the role of a charity trustee can be immensely rewarding, interesting and life-changing and Governance360 was built on the premise that managed well, Charities are absolutely at the heart of a well functioning society here in the UK.