Your Ultimate Business Succession Planning Checklist Tool Awaits
Real-World Examples and Data
According to a survey by the National Center for the Middle Market, only 44% of middle-market companies have a formal succession plan in place1. This highlights a significant gap in preparedness that can have dire consequences if not addressed. Companies like Ford and General Electric have demonstrated the importance of succession planning by successfully transitioning leadership through well-structured plans, which have contributed to their sustained growth and stability2.