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Sep-Oct 2012 |  how to biltmore value

By Steve Miller

To effectively create a board of director or advisors, family business leaders are well advised to create a competency-based board with family and non-family members who collectively have a broad set of skills and experience appropriate to the firm’s size, industry and stage of development. Ideally, board members should be leaders who have successfully negotiated the kinds of business, ownership and family issues the family business is facing.