Hi @ajewa
You are absolutely right there are many factors that determine the failure of a company within the first 5 years or simply before its birth.
The environment of the company of how it will be and what it will be created for, which will be its objectives. planning is a very important part I can say that the most important a well-planned company has a good future.
My name is very much the notion of not employing relatives, I think that is a good point, is that family and friends believe with the right that they cannot be called to attention for doing something wrong.
Delegating functions is also very important. The owner of the company cannot be in everything.
Thanks for this good reading.
@lanzjoseg thanks for your contribution, a friend of mine started a small salon and decided to employ families into the business, the family members mismanaged the business and when he tried to say something, he was seen as a cruel person for a simple mistake done by his relatives.