How can the directors retain control of this business?

A small not for profit business with two directors wishes to expand its board but the founding directors want to retain control of major decisions - should they seek non executive directors? Should these be paid ? Or can they set up a board but retain the controlling interest in some other way?

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c.cattell's picture

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Charlie Cattell is a specialist in legal and governance matters relating to social enterprises, charities and voluntary organisations, assisting a wide range of groups with legal structures, organisational management, and regulatory issues.