Setting up and beginning a new business is a huge investment. There is a lot on the line and it is viewed as a huge risk. There are requirements when it comes to opening a new business. Entrepreneurs can’t just walk in and get started. The leg work may seem overwhelming and daunting to get your new business up and running, but never fear, hiring professionals to help you navigate the process and ensure that all of the required documentation is properly submitted, can ensure your business gets off to the right start.
Forming and Registering Your Business
There is certain documentation that must be submitted when it comes to legally registering your business. The most important thing is to make sure you’ve acquired the capital necessary to start your business. This can either be from your personal accounts, if you have the money to do so, or acquired through a financing company that is willing to take a risk on your new business. Either way, you will need cash flow to ensure that your business gets off the ground.
Preparation of all fiduciary and legal documents will need to be signed and completed, as well as opening official bank accounts, which are specifically for the company to operate out of, are mandatory. The professionals can help you acquire and gather all of the incorporation documentation which will need to be submitted for approval before your business can officially open. This entire process normally takes between two and three weeks and can possibly take longer if there are any snags along the way.
Properly setting up business in Switzerland doesn’t end there. Once the initial incorporation of your company is complete, there are still some things which must be done. The professionals will help you navigate through these tasks. First, an accounting mandate must be set up. It is the law that accounting records for businesses based in Switzerland be kept and maintained in Switzerland.
Fleshing out your business plan for the first 12 months of business and setting up letterheads and invoices are important tasks. Setting up financial reporting and deciding on the frequency in which reports will be received, as well as putting operational policies in place, are important for product consistency.
Why Choose the Professionals?
Establishing a business for the first time can be a daunting task. The professionals understand the many tasks involved in ensuring the business is set up properly, right from the beginning, with as little hassle to the owner as possible. They can help you navigate the legal and operational aspects of getting your business off the ground and profitable in no time. Sit back, relax, and trust the professionals!