How are Advisory Boards Managed?

How Are Advisory Boards Managed

Typically expenses to attend meetings will be reimbursed by the business. Expenses include economy class flights, taxi transfers, parking and accommodation to 3 ½ / star hotels. The business should conduct reference checks prior to accepting the Advisory Board placement.  Advisors may not represent the business or speak on its behalf without the prior written approval of the Business Owner / CEO / MD. Advisors may not incur any expense, engage third parties or negotiate on behalf of the business. Advisors must have their own Professional Indemnity Insurance. Advisors are to send an invoice (if payment is provided) prior to the Advisory Board Meeting.

The first step in understanding your businesses needs is to complete a free Growth Score Report from the Advisory Board Centre. Please contact us to commence this process.

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