Start – Up And Managing An Agricultural Business in Albania

A newly created business or a project that has just begun to implement its ideas into life is often defined as a “start-up” in scientific and reference literature. Start-ups are a promising direction in the economy, because they provide a significant part of the gross domestic product (GDP) in both developed and developing economies, and also create new jobs. In addition, start-ups are the source of many innovations and new ideas, and are more flexible and adaptable than large companies (Honjo et al., 2022). Such well-known organisations as Amazon, Facebook, Microsoft, Apple, Google that without exaggeration have changed and continue to change the world, were founded just like start-ups. However, founding a new business is always a high-risk business, the success of which depends on numerous factors of both internal and external origin. The risks and various barriers to founding and managing start-ups are significant in both developed and developing countries. However, in the latter, the list of difficulties can be expanded due to the imperfection of state policy regarding business support, inefficiency of tax and credit policy, unregulated competition, high level of legal offenses and corruption, inaccessibility of innovative technologies for certain regions, insufficient education level, etc.