http://www.freedigitalphotos.net/images/Offices_g295-Conference_Room_p89102.html

Despite the benefits—too few entrepreneurs have one

Highlights

  • Very few—6%—Canadian small and medium-sized businesses use an advisory board. 
  • In fact, 57% of respondents without an advisory board felt that implementing one required too much work, time and effort. 
  • Companies with an advisory board do better financially and get invaluable advice. 
  • Companies that created an advisory board saw their sales grow almost three times faster in the following three years than in the previous three years.

image: http://www.freedigitalphotos.net