Having an Independent Director on the board of a family business can be of great benefit and it is important to consider the requirements the company needs. Bringing a new view to the business can be extremely helpful and focus meetings less on the “family” and more on the “business” also adding additional expertise in areas family members don’t have. You and your family should ask themselves what benefits would an Independent Director member bring to your Family Business? – David Harland – Family Business Advisor

Want to learn more about Independent Directors and Family Businesses – Contact FINH and speak to David Harland on 07 3229 7333