Various people or groups have claims in a succession plan. The most important people are the entrepreneurs themselves. For example, an entrepreneur may want to secure his private retirement and see to it that his company continues to be run the way he wants. His family will also have claims. For example, they may want to work at the family business or maximize sales proceeds. Employees and management are internal stakeholders with financial claims, but they also value security and good prospects for the future. There are also external partners with claims. For example, clients want to continue to have a reliable partner.