A board of directors helps oversee the activities of a company or organization. Publicly held companies have to have a board of directors, while private companies don't. That begs the question for many startups as to whether or not they need a board of directors, and if so, when? There are many reasons this is a good idea for most startups. So, for the purposes of this article, let's say you do need one. In this case, we look at what startups need to consider before forming a board of directors...
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