Ranjiv opened a chain of four restaurants, which are run by different members of his family. Ranjiv outlines the vision, rules, and regulations for the restaurants. He is considering expanding into online ordering for takeout as well as other opportunities. For the restaurants to continue to operate successfully into the future, Ranjiv and his family need to develop a(n)

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A succession plan is crucial for ensuring the continued operation and success of the family-run restaurants into the future, especially as they consider expansion and new ventures. It outlines how leadership and responsibilities will be transferred within the family to maintain the business's vision and operations.

Ranjiv Opened a Chain of Four Restaurants, Which Are Run