Just as a social organization needs a leader for guidance, in the same way, a business corporation needs to be under the management of a board of advisors. An advisory board is a team of intellectuals who guides a company to upgrade its business. It circulates important suggestions on new business projects or models and helps companies to build certain measures to solve problems. The structure of an advisory board is based on three roles- chair, external advisors, internal representatives, and CEO advisor . Each of these bodies performs specific purposes, and hence, they all play a key role in the growth of a business corporation. Why do you need an Advisory Board? Generally, large-scale business companies do not survive on their own. They need to be under the influence of experts for business expansion. Like the board of directors, the advisory group CEO / ceo network members have a significant responsibility to convene a company. The Advisory boa...