Cloud-based payment processing is revolutionising the way small and medium-sized enterprises (SMEs) handle transactions. In Switzerland and across Europe, many businesses are adopting cloud solutions to streamline their financial operations and reduce costs. This article explores how cloud-based payment processing benefits SMEs by cutting costs, enhancing security, and offering scalability. What is Cloud-Based Payment Processing? […]
The Best Strategy for Any Startup? Stop Being a Startup!
Many startups start strong, driven by innovative ideas and initial funding. However, without finding a stable market or customer base, many struggle to achieve sustainable growth. For startups aiming to transition into long-term success, a mindset shift is essential—from “startup mode” to building a viable, enduring business. Here are five essential steps to help founders […]
Best Practices for Converting a GmbH into an AG in Switzerland
Converting a Gesellschaft mit beschränkter Haftung (GmbH) into an Aktiengesellschaft (AG) is a significant step for businesses looking to enhance their capital access, facilitate share transfers, and attract more investors. This transformation can open doors to new opportunities but requires careful planning and execution. In this blog, we will explore the best practices for successfully […]
How to Close Big B2B Clients and Ensure Your Metrics are Ready
Closing big B2B clients can be a game-changer for your startup, but it’s crucial to ensure your financial metrics are in order before pursuing these opportunities. Here’s a comprehensive guide on how to close large clients and prepare your startup for long-term success. Identify the Key Decision-Maker The first step in closing a big B2B […]
SECO’s Adjusted Swiss GDP Forecast: Strategic Insights for Businesses in 2025
Switzerland’s economic landscape is evolving, and businesses need to be prepared for the changes ahead. SECO’s revised GDP forecast offers valuable insights into how the economy will shift in the coming years. Here’s what you need to know: GDP Growth 2022: Real GDP growth stood at 2.4%. 2023: Growth slowed down to 1.3%. 2024: GDP […]
Master Budgeting: Tips for Business Growth
Yes, it’s that time of the year again. Budgeting is not just about crunching numbers; it’s about setting your business on the path to success. A strong financial plan ensures: Focused Resource Allocation: Direct financial resources towards key business goals like expansion or product development. Operational Efficiency: Assess performance by comparing actual results to budgeted […]
Is Your Business Hanging by a Thread? Here’s How to Get Back on Track with a Solid Financial Plan
Running a business comes with its own set of challenges, and there are times when it can feel like everything is hanging by a thread. Whether it’s unpredictable cash flow, mounting debts, or unexpected expenses, the pressure can be overwhelming. But it doesn’t have to be this way. A solid financial plan can be your […]
Choosing Between the Effective Method and the Simplified Method for VAT in Switzerland
Introduction to VAT Methods in Switzerland In Switzerland, VAT-registered companies can choose between two methods for calculating and paying Value Added Tax (VAT): the Effective Method and the Simplified Method (Balance Tax Rate or BTR). Understanding these methods and determining when each is appropriate can significantly impact a business’s cash flow, administrative workload, and overall […]
Swiss VAT System for Businesses in 2024
As we approach 2024, understanding the updated Swiss Value Added Tax (VAT) system is crucial for businesses operating in Switzerland. VAT is a significant component of the Swiss tax system, impacting nearly all business transactions. This guide provides a detailed overview of the current VAT rates, liability, registration requirements, and reporting procedures to help your […]
Navigating the path to startup success: Key insights from leading innovators
In the exciting world of startups, success comes from more than just a great idea. It’s about how you make that idea happen, understand your customers, and stand out from the crowd. This article takes a close look at ten successful startups, showing how they each found a unique way to solve big problems and […]