I think if you read the literature of critical success factors you can extract questionnaire of this subject. by the way these two articles can be helpful:
Please find this interesting research about "what did billion-dollar startups look like when they were getting started? "
The author spent more than 300 hours in hid free time over weekends to manually gather data and quantify 65 factors on all 195 startups founded after 2005 until today in the U.S. that at one point passed the 1 billion dollar mark in valuation.
Hi Ashoka, consider this book https://www.amazon.com/Personal-MBA-Master-Art-Business-ebook/dp/B0046ECJ8M/ref=sr_1_2?__mk_es_US=ÅMÅŽÕÑ&crid=YYQ1CTWPZJG9&keywords=mba+personal+español&qid=1560857580&s=gateway&sprefix=iba%2Caps%2C190&sr=8-2
I have not done any validated questionnaire on critical success/failure factor for any Small and Medium Enterprises yet. But will keep you posted as soon as I finish one.
You can consider a very good study like "Francisco de la Torre" suggests, but you need to adapt the study to your country and reality....it is not the same in Africa, New Zealand, or Pakistan...
The following search sources are required for success startup:
Q1: What is success for startup?
Q2: What factors influence success?
Q3: What are the categories?
Q4: How is success factors categorized?
Q4: What are the development stages?
Q6: What factors influence each stage?
The searches are time consuming and repeated action taken by the researcher.
Inclusion and exclusion criteria of point must be considered based on logically. All matters depends on the researcher of past experiences with having practical approaches.
Success or failure is relative and not absolute to any particular business. It may be the view of the owner of the business that his business is performing well and successful when compared to other businesses around his environment e.g locality, state or country as the case may be. Don' t forget that it is not the maximization of profit alone but how well the business is able to contribute to the welfare of the economy and growth such as employment creation, poverty reduction and especially using the at least 90% of locally sourced materials for production in order to reduce capital flight, inflationary rate and foreign exchange utilization. To be modest, a critical success or failure rate factor is not universally defined and acceptable.
I am currently working on developing Critical success factors (CSFs) for social enterprises in a developing country context. As others have noted, such factors need to be contextualised to provide reliable recommendations and to be used by the targeted practitioners. I can provide you with some studies I've reviewed that have looked at CSFs.
The start up period for any company should be limited in time, money, and risk. Otherwise it's not really a start up. Any start up comprises a series of assumptions, which have lead entrepreneurs to create a start up Plan A. The aim it to test these assumptions as quickly and as cheaply as possible, to limit risk and maximise the opportunity for success. In other words, getting from plan A to a plan that works as quickly as possible. The kinds of assumptions include: 1) validating that the problem it wants to address actually exists 2) that that problem is worth solving and that it can be solved in a way that is better than existing alternatives or competitors 3) that there is a potential solution 4) that the solution will address the problem for users / customers sufficiently to make them pay for it (problem solution fit) 5) that there will be a product that fits the market conditions for price, product, place, promotion etc. (product market fit) 6) and so on. Objectives and strategies should be built around this approach, alongside a lot of interaction with users and customers. This is explained in more detail by people such as Steve Blank, Eric Ries and Ash Maurya in various books, articles and videos available online. I suggest you take a read - "Running Lean" by Ash Maurya is a good place to start.
As per the Prof. Stella TOYOSI Durowoju's statement is correct.... Success or failure is relative and not absolute to any particular business ...
Kindly you form the validate questionnaire Critical Success and failure Factors based on the industry (sample area).....Success or Failures all are related only the based on Profit and Loss of the Company / firm....
kindly identify the factors of crisis to company, problems, internal conflicts and financial situations, etc.,.....then only we frame the validated questionnaire on Critical Success and failure Factors....
without arguments, we are all aware that starting a new venture is a risky deal and many new venture start-ups do not last for many years. Some business crumbles as soon as they are start. There is a need for one to assess ones personality traits and potentials before starting a business. This will go a long way to determine ones readiness for the business. In my view, success or failure of new ventures depends on ones readiness.