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事業後継者 Successor of business

Yesterday a former company president, a friend of mine, suddenly came to my office on his way to give his word of last greeting to the companies he did his business with. With no his business successor, he had to sell and transfer his business to another company. But he should be lucky in a sense to have transferred his business to another good company successfully amid the many recent bankruptcies because of business slump. It is easy? to start, but not to finish.