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The stages of a company’s life: a journey as exciting as it is fragile 🚀

" You think you're going to take a trip, but it's the trip that makes or breaks you" (translated from Mr Nicolas Bouvier)
3 September 2025 by
The stages of a company’s life: a journey as exciting as it is fragile 🚀
Dhac SA, Mourad Hadj Amor

Creating and developing a business is a bit like a journey in the high mountains: each stage offers its stunning landscapes, but also its hidden dangers. Behind the energy, passion, and vision of the entrepreneur, there is always a degree of fragility. And it is precisely here that the role of a trusted partner becomes truly meaningful.

At DHAC, we believe that the entrepreneur should not walk alone. Through a modern and digital fiduciary, we equip them, enlighten them, and support them throughout their journey.

Let's travel together through the major stages of a company's life.

1. The idea: the fragile spark

It all starts with a vision, an intuition, sometimes even a revolt against the status quo. The idea is beautiful, but it is also fragile: it has not yet found its market, its business model, nor its first customers.

➡️ Key to success: turning the dream into a concrete plan through realistic projections and financial validation.

  • Have you tested the financial viability of your idea?
  • Do you know how long your savings will last before your first income?
  • Are you clear about your next administrative and legal steps?

2. Preparation: laying the foundations

It is time to choose the right legal structure, to understand the taxation, to lay the administrative foundations. Many entrepreneurs underestimate this step, preferring to focus on the product or service. However, failing to prepare your house properly risks it collapsing later.

➡️ Key to success: starting on the right track, with clear, rigorous, and digital foundations.

  • Have you chosen the right legal and tax structure to avoid any unpleasant surprises?
  • Do you know how to organise your invoices, contracts, and social obligations from the start?
  • Are you equipped to manage your first team members?

3. The launch: the leap into the unknown

The day arrives when you take the plunge. The first clients, the first invoices, the first employees. The adrenaline is high, but so is the chaos. Cash flow becomes a daily topic.

➡️ Key to success: maintain financial control without being overwhelmed by operations.

  • Do you really know where your cash flow goes on a day-to-day basis?
  • Are you able to pay your employees and suppliers without stress each month?
  • Do you have a clear table to track your income and expenses?

4. Growth: accelerating without burning out

The company is growing, sales are increasing, and teams are expanding. But growing quickly also means multiplying the risks: lack of liquidity, HR errors, workload overload. Many businesses fail not due to a lack of customers, but because of poorly managed growth.

➡️ Key to success: plan, budget and structure to secure the ramp-up.

  • Do you have a budget and reliable forecasts to avoid being overwhelmed?
  • Do you know how to finance your growth without jeopardising your cash flow?
  • Are you sure that your tax and social obligations are keeping up?
  • Do you have documented processes for onboarding new employees and delegating effectively?

5. The challenges: weathering the storm

No business is immune to it: a major client withdrawing, an economic crisis, an internal conflict, a strategic error. These periods test the resilience of the entrepreneur.

➡️ Key to success: anticipate risks and never face periods of crisis alone.

  • Do you have the necessary visibility to react quickly and make the right decisions?
  • Are you alone in carrying this mental burden, or do you have a trusted partner to share your doubts with?
  • Do you already have a backup plan in case of a setback?

6. Maturity: consolidating and transmitting

After the storms, stability comes. The company has found its rhythm, its processes are streamlined, and its reputation is established. But maturity does not mean stagnation: it is necessary to continue innovating and preparing for the future.

➡️ Key to success: professionalise management, secure processes, and anticipate transmission.

  • Have you structured your internal processes to prevent errors or fraud?
  • Do you have modern tools to continue managing your activities effectively?
  • Do you already think about the resale value or future inheritance?

7. The exit: the choice of the future

The exit can occur at different times: sale, merger, family transfer, sometimes liquidation. It is a delicate stage, filled with emotion, but also with major financial and tax stakes.

➡️ Key to success: prepare early and structure the exit to maximise its value.

  • Do you know how much your business is worth today?
  • Have you anticipated the tax impact of a resale or a transfer?
  • Are you ready to negotiate with well-equipped investors or buyers?

The role of DHAC in this journey

At every stage, the entrepreneur remains fragile: too alone in the face of their decisions, too overwhelmed to see clearly, too passionate to remain rational.

At DHAC, we do more than just a traditional fiduciary. We are entrepreneurs serving entrepreneurs. 

Because behind every number, there is a human story. And because a well-supported entrepreneur has every chance of turning their vulnerability into strength.

Starting a business means accepting fragility as a starting point. But it is also about discovering that, when well surrounded, each step can become a springboard to success.

With DHAC, you are not alone on this journey: you have a committed, modern, and attentive partner walking alongside you – from the idea to the outcome. 

➡️ ➡️ ➡️ Contact us

The stages of a company’s life: a journey as exciting as it is fragile 🚀
Dhac SA, Mourad Hadj Amor 3 September 2025
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