From Wikipedia, the free encyclopedia - View original article
An advisory board is a body that advises the management of a corporation, organization, or foundation. Unlike the Board of Directors the advisory board does not have authority to vote on corporate matters, nor a legal fiduciary responsibility. Many new or small businesses choose to have advisory boards in order to benefit from the knowledge of others, without the expense or formality of the Board of Directors.
Startup Company Advisory is like angel investors and they can give to team a significant value with very little chance of getting anything in return.
|This management-related article is a stub. You can help Wikipedia by expanding it.|