Succession plan for business


Assignment:

Part 1:

Select a business entity that can be transferred by the owners and in a minimum of 525 words which will include an intro, body and conclusion addressing the following:

1. Explain why the entity was chosen by the team and how the entity choice supports the overall vision for the business.

2. Outline the role (officer or director) each team member will play in the business, their responsibilities, and why they were selected for the particular role.

Part 2:

3. Draft a disciplinary policy for the company. Using at least 350 words, identify employee discrimination risks and analyze how the disciplinary policy will help to mitigate those risks.

Part 3:

4. Draft a succession plan for the business using at least 350 words. Each team member should have some ownership interest in the business.

Cite a minimum of 3 scholarly sources.

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Business Management: Succession plan for business
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