THE BOARD members are CEOs, presidents, managing
partners and controlling equity owners of privately held companies. Targeted companies
have a minimum three years history and range in size from 20 to 500 employees
and annual sales revenues of less than $100 million.
Each BOARD is comprised of up to 12-14 carefully
selected business owners from noncompeting, privately held companies. Typically
one third of a BOARD's members are managing partners from service provider firms
(Public Accounting, Law, Engineering, Finance, Marketing and Management Consulting
firms) and the remaining two-thirds come from other industry sectors (such as
Manufacturing, Wholesale distribution, Retail, Construction, and Transportation,
etc.). Such diversity is critical to the success of THE BOARD. BOARD members also
bring unique skills in operations, finance, sales and other disciplines. Members
recognize their own strengths and weaknesses and look to one another for complementary
THE BOARD offers an orientation for prospective members to discuss the mutual
benefits of participation for the prospect and existing BOARD members. An initial
meeting is set between a member candidate and the chairperson. This meeting explores
the candidate's expectations from participation, their potential contribution
to other members and issues of noncompetitiveness and confidentiality with THE
Upon conclusion of this meeting, if the prospective
member and the chairperson agree on the mutual benefit, an invitation is extended
to enroll in THE BOARD for a two-month trial membership. At the conclusion of
that period, if the relationship is beneficial, an initial twelve month membership
commitment and fee will be completed by the new member.
Prospective qualified members are eligible for
a trial membership to orient themselves to the workings of THE BOARD. The process
begins with a one-on-one interview with THE BOARD Chairperson at the candidate
member's place of business. An initial fee of $600.00 and a signed nondisclosure
agreement allows the prospective member to attend two BOARD meetings, after which
the prospect is given the opportunity to commit to full membership. When the candidate
joins THE BOARD, the $600.00 is applied to a one-time enrollment fee. If the candidate
does not believe THE BOARD would provide sufficient value for his investment,
the fee is refunded upon receiving a written request from the candidate.
Annual membership fees are paid in full at
the beginning of the calendar year or by monthly or quarterly installments.
Call THE BOARD, INC. today for an initial consultation and complete
membership package. Ask to see our video tape or hear our audio cassette of a
BOARD in action. Hear how members have benefited since joining THE BOARD.