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Service S.2 — Directorship

An independent voice inside your board.

A non-executive director sits at the table with the same legal duties as the executives — but none of the operational entanglement. The job is constructive challenge: testing the strategy, the numbers and the people decisions before the market does. MAXFR provides that seat — professionally qualified, operator-trained.

An independent presence in the room
Service S.2
Is this you?

When one strong NED changes the room.

  • Every voice at the table reports to the founder — so real challenge never quite lands.
  • The strategy hasn't been seriously stress-tested by anyone who's run a business.
  • Investors or lenders are starting to ask who the independents are.
  • Management information is plentiful but decisions still feel like guesswork.
  • You want governance to grow up — without surrendering the agenda to a full chair yet.
The engagement

The right first NED is usually a generalist with an operator's past: someone who has owned a P&L, hired and exited senior people, and lived with the consequences of board decisions. Max became CEO of a £10m+ design and manufacturing business at 27, leading more than a hundred staff — the kind of background that changes the quality of boardroom questions from 'have you considered…' to 'here's where this plan breaks.'

He has since advised and served boards across manufacturing, services, B2C, IT, design, construction and investment — including community and impact organisations — and holds the NEDonBoard NED Accelerator® Professional Qualification alongside membership of the Institute of Directors. The statutory duties of the role, Companies Act 2006 section 172 included, are taken seriously rather than recited; independence is protected contractually, with no consulting hours smuggled in and no conflicts left undeclared.

Where the business needs a specialist voice instead — finance ahead of a raise, marketing to fix go-to-market, technology for AI — the seat can be matched from the MAXFR network rather than forced to fit.

What it includes

What the seat delivers.

Constructive challenge

The strategy, budget and major decisions tested hard — in the room, before they're signed, while changing course is still cheap.

Governance discipline

Board basics installed and kept honest: cycle, papers, minutes, conflicts, statutory duties. Quietly, without ceremony.

Mentoring the top team

Founders and senior managers get a confidential, experienced counterweight — somewhere to rehearse the hard calls. Max mentors formally through IoD Mentor Connect; the same craft applies inside the boardroom.

Network & doors

Introductions where they genuinely help: capital, customers, advisers and — when needed — further independent directors.

Event support

When a raise, acquisition or dispute lands, the NED leans in: extra sessions, investor scrutiny, steady judgement.

Shape & commitment

How the engagement runs.

CadenceMonthly board attendance plus preparation; ad-hoc counsel between
Time commitmentTypically 1–2 days per month, stated in the engagement letter
TermInitial 12 months; reviews at 6 and 12 months
FormStatutory directorship, or advisory NED where formal appointment isn't yet right
Fees — honest context

What it costs.

UK SME non-executive directors typically earn £15,000–£40,000 a year for roughly one to two days a month, varying with scale, sector and risk; earlier-stage companies sometimes blend a lower fee with equity.

Figures are indicative UK market context, not a quotation — every MAXFR engagement is scoped first and priced in a written letter of engagement, with review points both sides can use. For broader numbers, see the NED & chair fees guide.

Questions

Asked about this engagement.

What does a NED legally take on?
A statutory NED is a full director under the Companies Act 2006 — the same duties as the executives, including promoting the company's success under section 172. That shared risk is exactly why the challenge is taken seriously. The plain-English guide covers the role in depth.
NED or advisor — what's the difference?
An advisor counsels without duty or liability; a NED carries both. Advisors are easier to start with; NEDs are harder to ignore. Many MAXFR engagements begin advisory and convert once trust is built.
How many NEDs does an SME need?
Usually one good one, before anything else. A first independent NED changes board behaviour more than any later appointment; specialists can follow as the gaps become clear.
Will you invest or take equity?
Case by case. Fee-based independence is the default because it keeps the challenge clean; modest equity alignment can make sense in earlier-stage businesses and is always disclosed in the engagement letter.
Further reading

From the Knowledge hub.

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