What risks do entrepreneurs face if they don’t plan their succession?

Submitted by eigenaar on September 15, 2025
Question
What risks do entrepreneurs face if they don’t plan their succession?
Answer

According to HSBC, 66% of global entrepreneurs have no exit plan. This lack of preparation can lead to business disruption, leadership gaps, and family conflict. Proactive succession planning reduces these risks and keeps operations stable.
👉 More in our blog: Legacy Planning for Entrepreneurs: Passing on Values, Not Just Value

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