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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – How the Board Can Help During a Turnaround
Description: How the Board Can Help During a Turnaround Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. During a turnaround the board should help. Here are some key steps to engage the board in the turnaround process. Interview the board for their input on the turnaround plan. Reconfirm the board's role in the company. Define the specific activities the board should engage in. Set up the board with goals and objectives with accountability. Change the board’s operating process to meet the current needs of the company. For businesses in...