Business Management April 24, 2024 | David Merz Freelancers vs Employees: Which is best for your company? The choice between hiring freelancers and full-time employees is crucial for businesses aiming to optimize their performance and financial efficiency. In this article, we explore the distinctions between these two types of workers, outlining the level of flexibility, cost implications, and operational impacts of each. By examining the key advantages and disadvantages, we aim to help you determine the most effective workforce structure for your company’s specific needs and goals. Read more
April 24, 2024 | David Merz Invoicing in Switzerland: Essential Components and Compliance Invoices are not just requests for payment; they are legal documents that play a vital role in the management of cash flow, tax reporting, and compliance with local laws. In this article, we explore the critical aspects of invoicing in Switzerland, emphasizing essential components and compliance requirements. We delve into the definition and importance of a valid invoice, distinguish between various types of invoices, and discuss the vital role of VAT-compliance in the invoicing process. Additionally, we outline the mandatory and optional elements required for a Swiss invoice, examine the need for digital signatures, and provide practical guidelines for the issuance and payment of invoices along with other key considerations. Whether you are a local SME or an international corporation operating in Switzerland, grasping the fundamentals of Swiss invoicing practices is critical for seamless business operations. Read more
April 24, 2024 | David Merz What Must an Offer Contain? Being able to formulate persuasive offers to prospective clients is essential to the success of your business. An offer represents a commitment, triggering a potential binding agreement between the parties involved. Aside from its function as a legal agreement, a well-crafted offer can also serve as a marketing tool and indicator of expertise and reliability. In this blog, we help you understand the key elements of an offer, including what it contains and important issues surrounding enforceability and charges. We also outline some vital tips and pitfalls to keep in mind when creating an offer. Read more
April 23, 2024 | David Merz Why Startups Fail: Tips and Strategies for Better Success Rates Entrepreneurs the world over dream of being in that 1%: launching an ultra-successful startup that achieves unicorn status and brings benefits to customers around the globe. But why is it that, in reality, so few startups survive beyond their infancy, with even fewer making it big? This article delves into the multifaceted reasons why startups in Switzerland, and globally, face such high failure rates. Understanding these challenges is crucial for entrepreneurs aiming to thrive in this dynamic and competitive environment. Additionally, we provide strategic advice and essential insights that can help young startups navigate these hurdles and increase their chances of long-term success. Read more
March 15, 2024 | David Merz Founding a Startup Company: Considerations, Process & Pitfalls Embarking on the journey of founding a startup in Switzerland is a challenge that demands clarity, strategy, and foresight. In this blog, we explore all the various considerations, processes, and pitfalls of startup creation. This includes defining what truly constitutes a startup, outlining the most important steps to founding a startup company, and understanding its various life phases. We also discuss the pitfalls to avoid and essential tips for success. Read more
March 15, 2024 | David Merz Employee participation in Switzerland Employee participation has emerged as a highly successful strategy for organizational empowerment and innovation, motivating employees to work for the success of the company in which they have a vested interest. From equity sharing to decision-making involvement, employee participation encompasses various forms, each with its own features and associated tax implications. In this blog, we outline the different forms of employee participation, with a focus on equity participation. We discuss the tax implications and explore the advantages and disadvantages of employee participation in general. Read more
March 15, 2024 | David Merz Telework in Switzerland The rise in telework is revolutionizing traditional employment structures by allowing professionals to perform their work tasks remotely. This blog provides a comprehensive overview of telework in Switzerland, including a definition of what telework is, the various forms of telework, its advantages and challenges, and additional insights for both employers and employees. It also explores some important practical and legal considerations for employers looking to implement telework structures in their organization. Read more
March 14, 2024 | David Merz Convertible Loan for Startups Convertible loans are gaining popularity in Switzerland as an innovative financing solution for startups. They solve many of the problems inherent in traditional means of financing. That said, convertible loans do also come with their complexities and drawbacks. In this article, we take a deep dive into this exciting alternative to conventional financing. We discuss the challenges startups face when trying to acquire funding and how convertible loans can solve these, as well as outline their potential downsides. Finally, we help provide a thorough understanding of the various practical aspects of convertible loans. Read more
February 22, 2024 | David Merz How to Create a Business Plan that will Convince Investors One of the first and most important components of starting a business is putting together a comprehensive business plan. This takes the form of a written document outlining the key features of your business idea, purpose and goals, and core strategies for achieving them. The business plan forms the foundation of a successful business and is crucial for convincing investors to provide the capital you need for your venture. In our comprehensive guide, you will discover how a well-structured business plan not only attracts investors but also serves as a strategic roadmap, decision-making tool, and communication device. We also answer all the critical questions you have about constructing a business plan and guide you through its suggested structure and content. Read more