Which Is Not a Step That Should Be Part of a Succession

question 7

Multiple Choice

Which is not a step that should be part of a succession plan that sells the business to an employee?

• A) Find a way to fund the transition
• B) Make yourself irreplaceable
• C) Identify the timeframe and exit strategy
• D) Choose the successor

---

Definitions:

Dilate

To enlarge, expand in size; to increase the size of an opening.

Vessels

Hollow containers, especially those used to hold liquid, or large ships or boats.

Transdermal

Relating to or denoting a method of administering medication through the skin, typically via a patch, for systemic distribution.

Administration

The process of managing or overseeing the operations of a business, organization, or institution.