I thought I'd tell you about a book I just finished recently which is by Greg Crabtree and it's called Simple Numbers Big Profits. I first came across Crabtree when I was reading Vern Harnish’ s book Scaling Up and he provided some of the financial commentary. The comment on the back of the book says ‘there's gold in your simple numbers if you use them to make the right day-to-day decisions’.
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In a couple of earlier vlogs I was talking around shareholders agreements and family charters, and I mentioned a board charter. I've had a couple of people come back to me and say what is a board charter, what does it do, and why would we have one? So I just want to give you a bit of a rundown as to what a board charter does and where it may be appropriate for your business.
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