Follow us on the social network

picture picture picture

Emergination
Helping your business in the new digital economy.

Click Here

The Benefits of An Advisory Board

Many start-ups companies can progress much more quickly with an experienced Board. 

The depth of experience, the critical thinking capacity and business connections add significant value. However, as a startup company struggles to capture funding, it often isn't necessarily a great proposition for a non-executive director.

The Australian regulatory framework as it relates to company directors is particularly onerous - with the intent of ensuring that directors remain diligent at their role, protecting and growing shareholder wealth. There are significant legal ramifications if the company they are a director of trades whilst insolvent. Directors can expect to be sued under these circumstances in our increasingly litigious society. Coupled with generally equity stakes in lieu of payment or relatively low fees, makes becoming a non-executive director in a start up an unattractive proposition.

The Alternative to Traditional Company Boards

With this as a backdrop many companies find directors, by necessity, very focussed on minimising risk as opposed to performance, and this environment isn't necessarily conducive for the founder of an early stage startup.As a result there is a growing interest in creating an advisory board.  In a nutshell, the advisory board focuses on the business as  coaches and mentors rather than something regulated by ASIC.  It also adds kudos to the capital raising and profile for the advisory board members as the deal gets shopped around. 

It ensures much more robust thinking and as a result leads to achieving more capital for the same amount of equity.

Emergination provides advisory board services, as well as providing seasoned company directors to assist emerging companies to grow.


Turn it Up image

In a nutshell
Quick and key facts

 

Emergination in Action

Steve Baxter on Startups and Innovation04-Aug-2016

Tech entrepreneur Steve Baxter (http://www.stevebaxter.com.au/) shared some really valuable and timeless lessons at Spacecubed (http://www.sp..

Emergination Mentoring at Vocus Upstart 201601-Aug-2016

Emergination Managing Director, Justin Davies, is pleased to be appointed as one of the mentor team for the 2016 Vocus Upstart program. Seven ..

Emergination helps takes ideas to market at the WA Innovation Centre30-Jul-2016

Justin Davies, Managing Director of Emergination, has recently been appointed to provide specialist advisory sessions on behalf of the ..

News Articles

Latest News

Steve Baxter on Startups and Innovation04-Aug-2016

Tech entrepreneur Steve Baxter (http://www.stevebaxter.com.au/) shared some really valuable and timeless lessons at Spacecubed (http://www.sp..

Emergination Mentoring at Vocus Upstart 201601-Aug-2016

Emergination Managing Director, Justin Davies, is pleased to be appointed as one of the mentor team for the 2016 Vocus Upstart program. Seven ..

Emergination helps takes ideas to market at the WA Innovation Centre30-Jul-2016

Justin Davies, Managing Director of Emergination, has recently been appointed to provide specialist advisory sessions on behalf of the ..

Twitter Feed