Building Your Advisory Board

When you decide to move forward to open a creative reuse center, one of your best assets will be your group of trusted advisors. An advisory board is a collection of individuals that you choose based on the strengths they bring to your project. They may be friends, professional colleagues, people you admire in your community or even those you seek out through referrals or on boardnetUSA. 

There is a difference between a board of directors and an advisory board. At this point, unless you already have acquired 501(c)(3) status through the IRS, yours will be an advisory board. Unlike a nonprofit board of directors, they do not have governance or legal responsibility for your project. They are assembled to help you achieve your vision and act as your wise guides. 

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Nonprofit? For Profit? Hybrid?

Here’s where we get all businessy and start talking about establishing yourself as a business. After all, a creative reuse center is a legal entity that must be registered with the government and Internal Revenue Service. Since you’ve had an opportunity to identify your passion to start a creative reuse center, the time to tap into it is when things get a little dry and left-brained. 

Do you have a technique for keeping focused on your dream?  Use it!

photo courtesy of www.sxc.hu

To read the full chapter, please pick up a copy of our book:

Print:

lulu.com

amazon.com

Digital (PDF):

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