Les Affaires quotes Montréal lawyer Patrice Vachon in an article on the importance of an advisory committee when starting a business.
First, the structure should be simple and flexible. “It’s a mistake to wait for support from a board, but you can start with an advisory committee,” confirmed Patrice Vachon, a partner with Fasken Martineau. This committee can be composed of at least three outside people with diverse skills (legal, financial, human resources, etc.), volunteers at least to start, who meet from time to time or are convened on occasion by the entrepreneur. The committee gives its opinion, but cannot take decisions.