What is an advisory board?

An advisory board is a body that provides non-binding strategic advice to the management of a corporation, organization, or foundation.

What is a board of directors?

By law, every company has to have at least one director, but in many cases it is appropriate to have more than one director. Small businesses or startups often start out having just one director. As they grow, they bring in additional talented individuals and advisers who can then become directors […]