The regular board meeting is an essential one, but it is also a time-consuming thing to arrange. You need to plan the agenda with the CEO, create any necessary packs or information, and ensure someone is available to distribute them, take minutes, and handle any post-meeting necessities. All of this takes up valuable time, and all involved could be better used where they are more productive.
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Have a look at their website now, or give them a call and one of their team will be happy to help.