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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Liquidity is the lifeblood of any business. It ensures that your company can meet its immediate obligations, invest in growth opportunities, and navigate through financial challenges. When we help our clients boost their liquidity, the reaction is often one of excitement—akin to getting a cool breeze on a hot day. However, while enhanced liquidity opens […]
In financial planning, maintaining liquidity is essential for smooth business operations. For growing companies, managing liquidity can be particularly challenging due to additional investments required for scaling, such as funding new inventory, hiring staff, and expanding infrastructure. In certain situations, such as delayed investor funding, postponed customer payments, or unexpected delays in signing contracts, there […]
Outsourcing financial management has become an increasingly popular strategy for businesses seeking to streamline their operations and reduce costs. The choice between hiring a generalist in-house or outsourcing to an expert team can significantly impact your company’s financial health and overall efficiency. Here’s why outsourcing your financial management to a specialized team makes a lot […]