Succession Plan and Regulations

"Succession Plan and Regulations" Please respond to the following:

• Develop a succession plan or exit strategy for a business. Within  your response, be sure to discuss which elements are essential to this  succession plan or exit strategy. Provide support for your response.
• Identify three (3) government regulations that you  believe a business will need to comply with. Next, discuss the  different ways that a business can get more familiar with these  regulations.