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At Allied Legal, we specialise in providing comprehensive advisory board services for Australian businesses. Our experienced team helps you establish and manage advisory boards that provide strategic guidance, industry expertise, and valuable insights to drive your business forward.
We offer tailored solutions to ensure that your advisory board functions effectively, from selecting the right members to managing board meetings and ensuring compliance with relevant regulations. With our support, you can leverage the expertise of your advisory board to enhance your business strategy and achieve your objectives.
An advisory board provides strategic guidance, industry expertise, and valuable insights to support business growth and decision-making. Unlike a board of directors, an advisory board does not have legal responsibilities but offers advice and recommendations.
Forming an advisory board involves identifying and recruiting individuals with relevant expertise and experience, defining their roles and responsibilities, and establishing a governance framework. We assist in this process to ensure a successful setup.
The governance framework should outline the roles and responsibilities of advisory board members, meeting procedures, decision-making processes, and reporting requirements. We help you establish a framework that supports effective board operations.
Managing advisory board meetings involves scheduling, preparing agendas, facilitating discussions, and documenting minutes. We provide support to ensure meetings are productive and align with your business objectives.
While advisory boards do not have the same legal obligations as boards of directors, they should operate in accordance with best practices and relevant regulations. We help ensure compliance with legal and ethical standards.