Unless you intend to run your commercial enterprise in your complete existence, you may need a plan of succession. If you are the only person who can run and operate your company, it's miles doomed to fail when you could now not run it. Create a plan as a way to spell out what steps can be taken to either promote your organization or hand it over to another supervisor. Develop a device that lets in your business to be run without you. An operations guide that info the important thing components of going for walks your organisation is step one in succession making plans. Consult an attorney approximately the criminal factors of both promoting or transferring possession of your agency.