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5 Reasons Why Even Small Companies Need a Board of Directors A board can help you save on taxes, stay accountable and make better decisions for your business.

By Mark J. Kohler

Opinions expressed by Entrepreneur contributors are their own.

Some people think that only big businesses need a board of directors or advisors, but that isn't true. In this video, Entrepreneur Network partner Mark Kohler explains why even small corporations or LLCs can benefit from the presence of a board. Not only can these people help you reach your end goals, but they can also be a great tax write-off and help you in several other ways as you build your business.

Click play to learn more about the importance of a board and how you can build one that's right for you.

Related: Don't Be Afraid to Write Off Your Home Office If You Meet These 2 Requirements

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Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney, and CPA

Mark J. Kohler, a certified public accountant in Irvine, Calif., is a partner in the accounting firm Kohler & Eyre, and the law firm Kyler, Kohler, Ostermiller, & Sorensen LLP, specializing in business, estate and tax. He is the author of The Tax & Legal Playbook and What Your CPA Isn't Telling You from Entrepreneur Press.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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