A strong board of directors is vital to a well-run business or non-profit. A board member should bring a broad range of expertise, knowledge and experience to the table to make a strategic decision and formulate a plan. They must be able to communicate well, stay in contact between meetings, and be active when it comes to fundraising and networking.
You should consider a range of independent candidates who are familiar with your industry and who share your mission and vision. They could include trusted mentors such attorneys, CPAs and fellow entrepreneurs. It is also helpful to have board members with previous experience on the board.
During the screening process, ensure that the candidate is interested and committed to being a board member. It's a big commitment and might not be the right choice for everyone.
You should also ask them about their other commitments and be realistic in terms of the time they can dedicate to the board. A board that isn't performing or overloaded isn't efficient.
In general, it is ideal to have an even number of board members in order to avoid ties. It is essential to have enough board members to ensure quorum and for the board to function, but you also want to be able receive good advice from the board without being distracted by too many voices.
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