The Succession Planning section ensures your business can continue operating smoothly in the event of leadership transitions or unforeseen circumstances. It should outline your strategy for identifying, mentoring, and preparing future leaders to take on key roles within the company. This section may include details about ownership transfer, contingency planning, and exit strategies for the current leadership. By addressing succession planning, you show stakeholders that you have a long-term vision for sustainability and stability, safeguarding the business against disruptions and ensuring its legacy.
