From FindLaw Tech Deals. If your company needs expertise you can't yet afford to hire, a board of advisers might offer the ideal solution. This article presents ideas to consider when you select your advisors and suggests reciprocal board membership as a way to attract excellent people. You may believe that what your emerging business needs first is a board of directors. This article, however, explains why you should set up your corporate bylaws first.
Bylaws explain how directors are chosen and how long they serve.
They also describe the duties of company officers and performance expectations for board members. LIVE, REAL TIME Global Streaming Financial News and Business Information. Excellent legal service at your convenience. For less than you'd expect.