11/27/2004

Forming a Board of Directors

From TJ's Weblog:

"Forming a helpful board of directors for your start-up can be a puzzling task. First you have to check legal requirements in the country the company is registered in. Germany has a two-board system with well regulated requirements for the roles of directors (you may check the GmbHG and AktG with Google). The UK and the US states mostly do not specify the roles and requirements for a board member at all. So it's up to your creativity and negotiation skill to find people that a) have strong credibility b) can leverage your business and c) are no cost killer for your business, In search for more in information Google lead me to this helpful site with a good overview what directors can do for you: "