Business Owners Advisory Boards (BOAB)
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The Business Owners Advisory Board (BOAB) is a peer-to-peer business resource designed to help Commerce Lexington members navigate the challenges and opportunities of owning and growing a business. Through small, confidential groups of business owners with similar interests and experiences, participants have the opportunity to share ideas, discuss challenges, exchange best practices, and learn from one another in a trusted, non-competitive environment.
Each BOAB group brings together approximately 8–10 business owners who are intentionally selected to complement one another without creating direct competition. Meeting monthly for two hours, groups build meaningful relationships while providing a space for honest conversation, practical advice, and shared problem-solving. |
BOAB gives business owners a consistent network of peers they can turn to as they work to strengthen and grow their businesses.
As a member of the Business Owners Advisory Board for several years, it has become one of the main reasons I continue to renew my Commerce Lexington membership each year. The opportunity to connect monthly with other business owners in a confidential, small group setting has been incredibly valuable. |
I've been part of a lot of networking groups over the years, but the Commerce Lexington BOAB group has been a completely different experience. |
Frequently Asked Questions:
Who can participate?
BOAB is designed for Commerce Lexington members at no cost.
Participants must:
Participants must:
- Be the owner or co-owner of a business
- Have been in business for at least two years
- Currently generate revenue for their business
- Be a current Commerce Lexington member
How will I be placed in a BOAB group?
Group placements are made twice per year and are formed based on factors such as industry or market segment, number of employees, geographic focus, and other business characteristics. Groups are designed to be non-competitive. Applicants are placed in groups in a way that avoids conflicts with direct competitors while creating opportunities for meaningful peer-to-peer discussion.
How often do groups meet?
BOAB groups meet monthly for approximately two hours. Each group determines its own meeting dates, times, and location.
How many people are in each group?
Each group typically includes 8–10 business owners, allowing participants to build meaningful relationships while ensuring everyone has an opportunity to contribute.
What happens during a BOAB meeting?
Meetings provide a confidential setting for business owners to discuss challenges, share experiences, exchange ideas, and learn from one another. Each group sets its own objectives and discussion priorities with guidance from its facilitator.
Contact us:Liz Bennet
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