TITLE TRANSITION | Succession + Governance Which of these transition plans and governance structures do you have in place for your business?
70%
63%
47%
Personal financial plan
Business exit plan
Management advisory group (non-family)
ALDRICH INSIGHTS
37%
37%
“Creating and then executing a succession plan that meets the goals of a company’s owners can take 5-10 years. Ensuring the right process and structures are in place well in advance can help a company run more efficiently today, as well as set it up for transition down the road.”
Board of directors
Succession plan
30%
27%
Kristi Bushell Partner, Aldrich
Shareholders agreement
Contingency/continuity plan
| Respondents could select more than one answer.
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