HOME

ARE YOU READY TO BE A NED?
Could a Senior Member of Staff be held responsible for a decision you made together about the Company?
  1. neverthey are not a Director
  2. alwaysif they acted without your explicit agreement
  3. probablyif you abdicated responsibility
ARE YOU READY FOR A FORMAL BOARD?
Your Company is looking for external investment. How would the equity or debt funder prefer the Board to operate?
  1. to have control of all investment decisions
  2. to be a mix of shareholders and non-shareholders to debate investment decisions
  3. to be equal shareholders to debate investment decisions
HOW EFFECTIVE IS YOUR BOARD?
You send your office junior home with the post. They have an accident on the way back – the car is not insured for business.
Do you have any liability implications?
  1. yes – you and your business are liable for damages to both cars
  2. yes – you are liable for damage to both cars
  3. no – this was not a business trip as the business didn't pay mileage