Should you create a board with your new business?

[Immilash1]

I don't think if that is necessary, with good skills and knowledge you can make your business successful but I don't see any reason of creating a board.

 

[Justin]

For a small business, for example a shop, or small scale online store, you don't need a board. You need board only when your company is big and has big sales

 

[Adecyptii]

I think when one has the capability of creating board for his business is not bad,but to less privilege ones, one can wait until his business explore before creating his business board.

 

[Fatima]

Creating board will be good for a grow and big businesses but not advisable for a small business. The board can brain storm on the strategy to make the business boom.

 

[Swazykid4all]

This will be too urgent for a new business.i think this should be done as the business rises and profit start coming in. Setting the board by then will be able to discuss how to manage the profit and give more info on how to run the establishment well.

 

[Lucy ID]

Creating a board member for your business depends a lot on the type of business you want to start or you are carrying out, if it's a small business you don't need it at all but if it's a big or large business then you can

 

[Shigobad20201]

For a small business, for example a shop, or small scale online store, you don't need a board. You need board only when your company is big and has big sales

For a small scale business or an an online small business , you dont necessarily need a board of trustee for your small business, its only advisable for a big company.

 

[Lucy ID]

To create a board at a start of a business is not a good one I feel it's just starting it's too early for that you should allow the business grow, be stable, have stable financial flow before starting a business for the business

 

[zelalem]

both of, For new companies and start-ups, there is no need to set up a board of directors yet. Companies need to be market savvy and able to grow through different periods of market volatility. After going through certain stages of the business, you can think of moving the business forward to the board of directors.

 

[Setho]

A board it's not going to be necessary for your business if it is just a small business. As you are progressing you are going to want more in decision-making and that is where creating a managerial board will come into play.

 

[Smiles20]

Creating a board for your business is actually a very good thing if you are going to look at how it is going to ensure you're going to be making better decisions and then work is going to be shared.

 

[Setho]

A small new business does not need any kind of board to be honest. There are things that you can be able to do by yourself and you are only going to need it if the business starts growing.

 

[Smiles20]

It is only when the business has grown leaps and bounds that is when it is advisable to have a board.A small business with a board will crowd and choke the business.

This is something that I also agree with because it is going to be completely pointless for you to create a board for your business when you are not even generating up to 10,000 into revenue.

 

[Setho]

both of, For new companies and start-ups, there is no need to set up a board of directors yet. Companies need to be market savvy and able to grow through different periods of market volatility. After going through certain stages of the business, you can think of moving the business forward to the board of directors.

If your business is one that is just keep starting then I do not see any reason why you are even going to set up a board in the first place. You should be thinking of this if the business has started increasing and you are receiving higher revenue.

 

[Smiles20]

This is going to ensure that you are going to be sharing the labour between the both of them. If it is a small business then you are not going to need one at the moment and it is even going to be a waste of money.

 

[Sincerem]

Personally , I won't do it at that time if my business is not growing to the expected standard , but i will only select people to take responsibilities of whatever areas needed in the business.

 

[Robust]

Yes, it is really adviceable to join a board of new businesses. You will gain more experience and new business ideas which will improve your personal business and makes it grow and become famous.

 

[Chibson]

One of the advantages of creating boards in your new business is because it will encourage specialisation which usually leads to productivity. When everyone knows they are work in the business environment they will definitely work smarter and at the same time achieving results.

 

[jordans]

i think, for the foremost portion, incorporated businesses are required to set up a board of chiefs, but there are a few states that allow a company to have shareholders fill the part instep. In any case, indeed a sole proprietorship or may advantage from the direction and responsibility a board can give.

 

[Shigobad20201]

It's normal to have a board that manages your business to have a good business growth most especially if you have business associates and partners but since I am running the business alone , I guess i dont need a board.