Our Blog

10 June

Practice Tip - Grow your Business Using an Advisory Board

 


All major corporations and non-profits have a board of directors and no matter what size your practice, so should you. Whether you are just starting out as a new advisor or are an "old hand," growing and managing an advisory practice is a challenge. Leveraging the experience of other successful professionals through an advisory board is a great way to help grow your business. An advisory board gives you access to fresh perspectives and creates an accountability structure for you as a business owner.

In addition to a business-oriented advisory board, you should also consider creating a client advisory board to help you improve your client experience and business practices. Gaining feedback from your clients about their experience with you and your staff as well as how they perceive your service levels can be extremely helpful. They can help you determine what is of real importance to them and you can alter your experience and services accordingly.

If you want to find out more about how to implement an Advisory Board, visit the Whitepapers on the Industry News tab on our website and read our whitepaper on Using Your Advisory Board. It will get you started on creating and using an advisory board to build your practice and improve your clients experience.