Family businesses should have a succession plan in place. Which should not be considered when deciding on a plan?

Family businesses should have a succession plan in place. Which should not be considered when deciding on a plan?

Question 27 options:

a) Considering asking advice from organizations such as the Small Business Administration

b) Bring stakeholders in the family together and agree on a plan before the need for succession

c) Whether someone in the family can be groomed as the company "heir"

d) Nepotism