Independent advisors play a crucial role in the growth and development of a business. Their importance can be summarized as follows:
Objective Insight: They offer a third-party perspective, free from internal biases and politics. Expertise: They bring specialized knowledge and skills that might be lacking within the organization. Network: Many advisors have vast professional networks that can be beneficial for fundraising, partnerships, and other strategic initiatives. Credibility: Having reputable advisors can enhance the credibility of a startup in the eyes of investors and stakeholders.