Establishing an advisory board for the family business

The creation of an advisory board for the small to medium-sized, nonpublic company of family business is not a new concept. However, the utilization of an advisory board by a financial adviser as a means to ensure a positive outcome for his or her client is new. This article will demonstrate why the...

Full description

Saved in:
Bibliographic Details
Published in:Journal of financial service professionals 2003-11, Vol.57 (6), p.61
Main Author: Horan, Patrick J
Format: Article
Language:English
Subjects:
Decision making
Family owned businesses
Financial planners
Meetings
Problem solving
Strategic planning
Succession planning
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The creation of an advisory board for the small to medium-sized, nonpublic company of family business is not a new concept. However, the utilization of an advisory board by a financial adviser as a means to ensure a positive outcome for his or her client is new. This article will demonstrate why the advisory board is one of the most powerful tools an adviser can deliver to a business owner client, who will benefit most, and how a successful advisory board works. [PUBLICATION ABSTRACT]
ISSN:1537-1816
2381-8875