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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

entrepreneur daily

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 Kohler, M.PR.A., C.P.A., J.D., is a highly respected Founding and Senior Partner at KKOS Lawyers, specializing in tax, legal, wealth, estate, and asset protection planning. With a reputation as a YouTube personality, best-selling author, and national speaker, Kohler is dedicated to guiding clients through complex legal and financial landscapes to achieve their American Dream. He also serves as the co-founder and Board Member of the Directed IRA Trust Company and has launched the Main Street Certified Tax Advisor Program to train CPAs and Enrolled Agents nationwide. As the co-host of The Main Street Business Podcast and The Directed IRA Podcast, he simplifies intricate topics like legal and tax strategy, asset protection, retirement, investing, and wealth growth. Mark Kohler's commitment to helping entrepreneurs and small business owners attain success and financial security has made him a trusted expert in the field, benefiting countless individuals and businesses in navigating the financial and business world with confidence.

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

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