Could an advisory board help your business grow?

Discover how SMEs are borrowing experience to scale smarter. 


When it comes to accelerating business success, few actions are as impactful as setting up an advisory board. 

Even for the most technically skilled or commercially minded business owner, running a one-person show can constrain business growth to your own experience and capabilities. Even after hiring specialists, you may still lack someone who can challenge you strategically and honestly.

This is where skilled advisers play a role unlike any other. They offer a way to look at your business without emotional attachment and can help you make better decisions, avoid costly mistakes, and unlock new opportunities. 

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 Inside this report 

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Why advisory boards matter

Learn how they accelerate strategy, improve governance, and provide impartial advice.

real business case studies

Real business case studies

See how companies like SEAOAK Consulting and Urban Legal used advisory boards to scale, innovate, and transition.

Types of advisory boards

Types of advisory boards

Explore informal, formal, and membership-based models—and find the right fit for your business.

Common pitfalls & how to avoid them

Common pitfalls & how to avoid them

Get practical tips to ensure your board delivers real value.

Success checklist

Success checklist

A free checklist to help you build an effective advisory board tailored to your goals 

National Executive, Business Advisory

Andy Graham

Andy Graham

“When the right people are chosen, business owners with an advisory board frequently tell us it’s one of the best decisions they’ve made.”

Advisory boards can add value at any stage of business

Start-up

Start-up businesses can gain a lot from an advisory board, particularly when it comes to:

  •  Start-up businesses can gain a lot from an advisory board, particularly when it comes to:Decision making
  • Structuring
  • Networking
  • Preparing for investors

Growth

Your advisory board should grow with your business. During your growth stage, you need people around the table who can guide you through challenges such as:

  • Rapid growth creating liquidity pressures.
  • Raising capital and debt.
  • Complex family dynamics.
  • Strengthening governance, structure and processes.
  • Entering new markets.
  • Managing burnout. 

Exit or succession

Your advisory board is a great source of continuity for a transition – you may even decide to join the board in your retirement. Advisers can support you by:

  • Working with you to develop an exit or succession plan.
  • Preparing incoming leaders to take the reins.
  • Mediating during the transition.

 

Unlock the true benefits of an advisory board for your enterprise

  • Impartial, objective advice.
  • Balanced and right-sized guidance with strategy setting.
  • On-hand expertise.
  • Broader perspective on strengths, weaknesses, opportunities and threats.
  • Faster, informed decision making.
  • Greater confidence and assurance.
  • Mediation during conflict or disagreements.
  • A trusted confidant for the business owner.
  • Support to unlock the business’s full potential. 

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