What owner-managers owe their own board pack
If you are both chair and chief executive, the papers you prepare for yourself still need the same discipline you would demand from any other director.
Field notes
Short pieces on board packs, dividends versus operating cash, family ownership, and lender preparation — grounded in board advisory for owner-managed companies.
If you are both chair and chief executive, the papers you prepare for yourself still need the same discipline you would demand from any other director.
Confusing drawings with free cash is one of the quiet ways owner-managed firms starve growth while believing the business is fine.
Not every family firm needs a full independent board. Many do need one person who is not on the payroll and not in the will.
Lenders read confidence in the papers. Owner-managers who chair their own discussions can still walk in with a board-quality brief.