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Online Business Success: Advisory Board Primer (Part I)
Would you like to have industry leaders give you FREE business advice on a regular basis? Read this article and learn all about the power of advisory boards.
Every Startup Needs an Advisory Board
Every startup faces a myriad of challenges that are well beyond the scope of any founder, so you need a few guiding lights to illuminate the road ahead. These should be carefully selected, with a proven track record, and completely trustworthy.

Hottest Women's Franchise Business Opportunities
Women are quickly becoming champions of business, and if you think you have what it takes to live up to the standard set by your female gender, here are business opportunities to look into.
Recommendations
This report recommends that SUM reorient MicroStart to focus more clearly on finding and supporting organizations that have good potential to become major providers, while reducing the proportion of its resources devoted to low potential organizations.
Introduction - MicroStart: Finding and Feeding Breakthroughs
UNDP's Special Unit for Microfinance (SUM) commissioned a mid-term evaluation of its MicroStart program to take place in September-October 1999. SUM believed that an evaluation at this time would identify areas for improvement while there was still time to make changes. SUM directed us, as evaluators, to focus on the validity of the assumptions underlying MicroStart and on the processes used to implement it, rather than on the impact of the program.

Other advisory board members Related Articles

Value Based Boards
The values of the owner(s), board members and organizational leaders determine, both directly and indirectly, the culture of the organization, which in turn is a major determinate of the success of the organization. In other words, successful values produce successful organizations, and visa versa. Organizational effectiveness and success begin in the board room, and can be measured—and affected—by the quality of board organization, interaction and operation.

Board Meeting Rules
Following are some board meeting rules that were recently presented to me and my fellow board members by a CEO at one of his first board meetings at a newly funded early stage company. I thought they were brilliant. Feel free to pass them out at your next board meeting.
How To Create An Advisory Board
“How do I go about creating an advisory board for my business?”
A Strategic Look At Dos and Donts of Board Meeting Minutes From Your Strategic Thinking Business Coach
Do you serve on a board of directors and experience significant inaccuracies and inconsistencies in board minutes? Do you know that board minutes are really a very important resource to governing boards? Minutes of board meetings provide evidence that a board has exercised care in decision-making. The minutes also substantiate that a board is operating in accordance with its Bylaws and other documents and rules. Although there is recognition that board minutes are important, many organizations continue to have inadequate records of board meetings. Your strategic thinking business coach offers a list of the DO’s and DON’Ts of board meeting minutes.

Remembering The Three W's Of Recruiting Board Members
The success of nonprofit organizations is contingent on many factors, including the recruitment and development of board members who are committed to helping the organization accomplish its mission. This article provides a tool for recruiting board members who are in the best position to aid the organization.

Board Member Job Descriptions - Which Roles and Responsibilities Should You Include?
Prior to developing a job description for board members, take time to determine what you expect from them. What roles should they adopt and which tasks, projects, and activities do you want them to be responsible for? This article provides some items you should consider including in board member job descriptions.
The 800 Pound Gorilla Problem
I was at a board meeting recently where the board and management was discussing the company’s market position. This is a strong company that leads its market and, as a result, one of the board members stated that we were “the 800 pound gorilla in the market.” In my world view, the market was still relatively small so I suggested that we were the 12 pound gorilla. While this got a chuckle, it was instructive and moved the conversation down an interesting path.
Training Nonprofit Board Members to Read and Understand Financial Reports
One of the items board members are responsible for is to monitor the financial situation of the organization. As such, board members should be familiar with the types of financial reports the organization uses to demonstrate its financial standing. This article identifies the types of financial reports most commonly used by nonprofits, and stresses the importance of training board members to read and understand financial reports.

Assessing Board Practices
Looking to assess board practices? Here is a survey you can let your board members take anonymously.
Nonprofit Board Member Manuals - What Should You Include?
When you have a board of directors, it is always a good idea to have a Board Member Manual. A Manual is a great tool for board members to use when they need quick and easy access to critical information about the organization. It compiles important documents into one binder, so they don't waste time and energy looking for what they need in several files or locations. Does your organization have a manual for its board members?
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