HOW TO CHOOSE PROFESSIONAL ADVISERS FOR A NEW VENTURE Part 5: Board of DirectorsDon't MissEditors PickManagement by Bernard Taiwo - October 11, 20190 The decision to have a board of directors is influenced by the legal form of a business venture. If the new venture is a corporation, a board of directors is required and is elected by the shareholders. If the business needs venture capital, a board will be necessary, and the