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It is one of the significant building blocks of a venture. It consists of people who are not full-time employees but who offer ther expertise, expereince, and contacts to support this venture. A board of directors is a formal entity with ultimate legal control over the company and potentially personal liability for its actions. Showing investors or lenders that you have recruited a high-powered, capable, and contributing group pf directors or advisors (Board of Advisors) will make your plan much stronger.

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