The table above shows the median compound annual growth rate of top performing startups based in European countries. Sorted in descending order, Switzerland ranks 9th when taking into account all countries. When considering only countries with more than four observations, Switzerland ranks 4th. The median compound annual growth rate is a good indicator that can […]

A business strategy is a comprehensive plan detailing how a company sets out to achieve its goals. Ideally, it clearly outlines your company’s unique selling propositions (USPs) and includes a strategy to defend them against competitors. A well-crafted strategy is essential for any company seeking rapid growth and aiming to become an attractive target for […]

In the early stages of business, while many understand the necessity of accounting, managing it promptly is often neglected. Delays in accounting can lead to lower-quality financial statements, often riddled with errors or missed transactions. Factors such as company size, documentation orderliness, regulatory requirements, and stakeholder needs can influence how much delay a business can […]

Financial statements are essential tools that provide a comprehensive overview of your company’s performance, financial health, and ability to generate value. They are crucial for stakeholders, including investors, creditors, and management, to make informed decisions. Let’s delve into the primary types of financial statements and what they reveal about your business. 1. Income Statement Definition […]

Growing digitization demands the need to ensure the integrity of documents and accounting records throughout their life cycle. This raises the question of how to establish the integrity of inherently mutable digital documents. One widely used approach for ensuring integrity is to implement audit trails for every document created and establish fool-proof information governance within […]