succession plan and regulations 1

This is a discussion question. The answer doesn’t has to be lengthy when answering to this particular question
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.