What can a Non Executive Director do to support me?

A Non Executive or Non Exec/NED as they are frequently referred to is a very valuable asset for any new business owner. The Non Exec provides a more hands on type function within an SME than the role they might traditionally have played in a large corporate organisation. They can add a great deal of value in many ways and in many areas. For example, they might:

• Act as a sounding board for your ideas and plans
• Provide an overview of the business, often referred to as a “helicopter view” of things
• Provide strategic direction and help you to make the big decisions
• Provide sector knowledge
• Provide support for international expansion
• Provide functional knowledge and oversight eg a Non Exec Finance Director will help you with high level finance issues/aspects
• Provide specific customer focus and knowledge, perhaps if you�