A succession plan should include __________.

Question

Quizplus · Accepted Answer

All of the above options should be included in a succession plan. Procedures for choosing or designating new leadership are important to ensure a smooth transition of power. Legal aspects of ownership transfer, such as contracts or agreements, are necessary to protect the interests of all parties involved. Financial and estate plans are also important to consider in order to ensure that the transfer of leadership is financially feasible and legally sound.

A Succession Plan Should Include __________