Entrepreneurship

The Federal Council is planning an inheritance law reform to facilitate business succession in family-owned companies, to secure SME stability and jobs in Switzerland. The revision includes measures such as integral assignment and payment deferrals for successors.

Family businesses in Switzerland, such as Roche and Swatch, promote their success through specially tailored family constitutions that serve as codes of values and conduct. These constitutions help prevent conflicts and pursue uniform goals by pooling interests and establishing common principles.

An IPO often serves to raise capital for growth and to adjust the capital structure, but also offers opportunities for greater visibility. However, it also requires more detailed accounting and generates higher costs and obligations for the company.

An Initial Public Offering (IPO) is the first stock market launch of a company to offer shares publicly. The process involves due diligence, setting the stock price through book building, and finally trading on the stock exchange.

Corporate Governance regulates the relationship between shareholders and executives and primarily protects the shareholders. In Switzerland, there is the "Swiss Code of Best Practice for Corporate Governance" and mandatory guidelines of the SIX Swiss Exchange.

Startups and SMEs benefit from compliance structures through increased trust and reduced liability risk. The implementation can be customized and implemented with moderate effort.

An earn-out is a combination of a fixed payment and a success-dependent additional payment, which is helpful when no agreement on the purchase price of the company is reached. The amount of the earn-out is based on comprehensible, established business management metrics to ensure fair incentives for both buyers and sellers.

An earn-out allows the continuation of purchase negotiations through a combination of fixed payment and performance-based additional payment. This can minimize risks, but also increase the price and make restructuring more difficult.

An earn-out helps in price negotiations when buyers and sellers have different company valuations. This clause divides the purchase price into an immediate payment and a success-dependent additional payment.