Identification of business management improvement factors for start-up companies in Latvia in the conditions of globalization

Research background: Globalization trends are one of the main causes global change in world, and most visible consequences globalization is rapid market growth. In such conditions, focus must be on ensuring competitiveness. One key aspects competitiveness start-ups, which sources innovation offer high value-added products, i.e. fast-growing start-ups. Such companies play an important role promoting economic growth Latvia Europe. It essential to create a business ecosystem conducive further these companies, including international cooperation, so it ensure that given full access start-up capital adequate financing at all stages company's development operation. Purpose article: determine preconditions underlying factors for formation companies. Methods: A monographic or descriptive method was used study theoretical principles situation Latvian economy, as well expert interviews. Findings & Value added: As result research, aim research achieved start-ups influencing their successful operation development, will allow relevant state institutions organizations them, were identified.