Thanks for reading my post.
I am working on starting an LLC that uses private investment to buy and rehab properties. My consultant has instructed me to create a board of advisors, which I have done so far. However moving on to the next phase of the business plan shows this:
Professional and Advisory Support
List the following:
• Board of directors (Do I need one?)
• Management advisory board (Putting it together now)
• Attorney (Have one selected)
• Accountant (Have one selected)
• Insurance agent (easy to find)
• Banker (do not have)
• Consultant or consultants (may end up firing as he is VERY SLOW and hard to reach)
• Mentors and key advisors (I have a real estate broker for an advisor.)
I plan to run the business myself and handle all the daily activity, and manage all affairs between the company and other professionals. So do I also need to have a board of directors as well?