FOUNDATIONS OF BOARD MANAGEMENT FOR SMALL BUSINESS

What Good Governance Means for Small Businesses

Small businesses have much to gain from establishing a board of directors. By asking the important questions and overseeing governance practices, boards of directors give small business owners clear, actionable guidance and direction. But building good governance from the ground up does not just mean simply having a board of directors; implementing the right technology for effective board management ensures that small businesses can thrive and grow. From recording accurate and complete meeting minutes to communicating efficiently and securely, board management software provides small businesses with tools that support the very principles of good corporate governance.

In this White Paper, we will discuss the following key areas as they relate to small business:

  • The need for a board of directors
  • The importance of taking meeting minutes
  • How to establish secure board communications
  • The benefits of employing board management software

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“When looking for a board portal we reviewed several in the industry. BoardEffect met our functionality requirements equal to each of their competitors. Based on the function and price comparison BoardEffect was easily seen as the best solution. We have been pleased with our implementation and our ongoing support by BoardEffect. BoardEffect has a wide install base that gives them the experience to guide implementation decisions for best practice with their portal.”

Joyce Miller Evans

Vice President, Chief Information Officer, Ohio Presbyterian Retirement Services

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