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Board of Directors

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.
VIP Contributor
Author, Attorney and CPA
2 min read
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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5 Ways the Best Board Members Will Add Value to Your Startup