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ARTICLE · 30 OCTOBER 2020

Startup Board Meeting FAQ

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What are some of the best practices to help you prepare for a board meeting so you can leverage the board's expertise and knowledge in a productive manner?

CanadaCorporate/Commercial Law

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What are some of the best practices to help you prepare for a board meeting so you can leverage the board's expertise and knowledge in a productive manner? In this FAQ, we cover some of the key things you should consider.

Note that this FAQ assumes that the relevant corporation is governed by the Canada Business Corporations Act.

Q: What is the role of the board?

A: The role of the board is to help the company succeed! Don't be afraid to ask your board member for advice outside of scheduled board meetings. You should also solicit their input on key action items ahead of board meetings, so they are not caught off guard by potential issues.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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