Who Are Your Trusted Advisors?
Obtain Access to an Advisory Board
Advisory boards can function as a sounding board for the business owner or can fill the gaps in expertise that exist. They can be helpful in directing operations and keeping business owners informed of industry and financial trends.
Knowledgeable, well-connected peers to help your business grow
The most successful boards are formed with a specific goal in mind.
Do you need help honing your vision of where you want to take the business?
Have you put a succession plan in place so you can retire or move on?
Should you revamp your marketing plan to help you reach new customers through new media?
Are you contemplating some personnel changes and need advice and guidance from an experienced human resources consultant?
A properly built and managed advisory board can help you optimizing your business model, cut costs, streamline operations, increase marketing effectiveness, obtain additional financing or overcome employee challenges.
Triton Business Advisors can function as your business advisory board to help you resolve challenges with objective insights, fill talent gaps, build networks and gain validity in the eyes of potential investors.
What Your Business Gets Working with Triton
Through our own expertise, we offer assistance in sales and marketing, finance, human resources and operations, steering the business towards achievement of desired objectives. Fill gaps in expertise without increasing headcount, payroll or the amount of money spent monthly on legal or accounting services
Our advisors discuss ideas, provide a reality check, tell you the truth when others can’t and be there to confide in when there’s no one else you can trust.
The advisory board can provide valuable insight into challenges, perspective and guidance on growth, operations, exit planning or many other issues specific to the company.
Advisory board members from another industry can bring a new and different perspective to your business.
Business Advisory Board or Board of Directors?
A board of directors:
- Has a fiduciary responsibility to the company and can be liable for mistakes that a company makes.
- Has an obligation to the company first and the business owner second.
Advisory board members:
- Don’t have fiduciary responsibility, and thus cannot be held liable.
- Has an obligation to the business owner first. Goal is to help steer you in the right direction to best care for the company.
In most cases, businesses benefit more from having a consistent advisory board composed of people with a genuine interest in your business and a desire to see it do well. This valuable management resource can provide direction, accountability and expertise that leads to the growth and success of your business.