Get the Approval of Your Board
Provide documentation to prove that your business plan is supported by the legal decision makers for the organization.
You may require this type of documentation if your business:
- Is a not-for-profit or government-owned organization.
- Requires the support of a political body such as a First Nations government.
- Has a Board of Directors.
- Is a publicly held corporation.
No example is provided here because each Board of Directors will use a different format for such purposes. For example, First Nations will usually use a Band Council Resolution (BCR), whereas a Board of Directors for a non-profit organization might provide a copy of the approved Board motion.
If you do not serve or need the permission of a Board of Directors, skip this step and drop this Element from your Appendices.