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Can a business that has an absentee business owner ever work?

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My friend works in another city and wants to set up his business in his hometown. He wants to run the business from the city that he works in. Do you think that a physical offline business can work when the business owner is always majorly not around?
 
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It mainly depends on the business, back then where i used to work, my boss was mostly absent but business was still moving smoothly, this is because he has arranged everything for us and we all know our roles.
 
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