Family business – Passing the torch and detecting intellectual property opportunities

Family Business - Receiving the torch and detecting IP opportunities
Capture your family business’ intellectual property to generate new opportunities.

As a broader term, intellectual property (‘IP’) comprises trademarks (brand protection), patents (invention protection) copyright (original work protection, e.g. literary and artistic work), designs (product appearance protection), confidential information and know-how. Regardless of their activities, family businesses always have one or more of the above IP rights. In particular, a family business’ brand is its most valuable asset. A brand is built up over the long term and conveys the core values of the family, becoming an integral part of the business, its success and its reputation. There are many examples of well-known family businesses with strong links between the families’ goodwill and their business’ brand. The families’ core purposes, identities, statements and principle business goals become the building blocks of theirbrand values.

Family business and brand heritage

In the context of the transfer of a family business to the next generation, intellectual property is a central matter. PwC’s IP Department has the expertise to assist the next generation in addressing challenges and strategic questions such as:

  • understanding the value of your family business’ IP and preserving the legacy
  • defining your family business brand identity and ensuring consumers’ perception of the family’s brand
  • defining IP ownership in the family by verifying ownership documentation
  • understanding each legal category of your business’ IP and analysing what can be done to maximise value with regards to each category
  • establishing ‘best practices’ on how to use the IP to create value for the family business
  • recognising new business opportunities and different applications of the IP by remaining open to and thriving on innovation
  • looking at the changing environment as a challenge rather than a threat

Interested?

Are you in the phase of passing the torch? Are you interested in discovering what opportunities IP can offer?

Take the first step on your transmission journey with PwC and contact Natscha Tsalas for more information.

Natascha Tsalas, IP Legal Services Geneva
+41 58 792 98 32 / natascha.tsalas@ch.pwc.com

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Disclose 27, Focus piece 1: High-Performing Teams

Disclose – PwC’s online magazine

«It takes people, digital technologies and trust to achieve top performance.»

Reading our latest issue of Disclose (disclose.pwc.ch/27/) you’re sure to get an adrenaline rush as we investigate a topic with particularly close connections to sport: high-performing organisations.

Focus piece 1 gives you an insight into the topic High-Performing Teams:

High-Performing Teams: Teams bring out the best in everyone

If you want to make the pace you have to set yourself high standards and give your very best performance. Many business leaders wonder if it’s possible to achieve this with their current crew. We believe it is. There’s more to a good team than the abilities of its individual members. By building trust, bringing people closer together, introducing and promoting a healthy culture of debate, and ensuring that everyone clearly recognises the common objective and the contribution they can make towards it, you can exploit this potential – and harness the power of high-performing teams for the benefit of your business.

Read more about the topic High-Performing Teams.

Contact

Charles Donkor
Partner, People and Organisation, PwC Schweiz
charles.donkor@ch.pwc.com
Tel. +41 58 792 45 54

Intensive Course on IFRS 2018

June 2018 | Swissôtel | Zurich

Does your company report in accordance with International Financial Reporting Standards (IFRS), or are you responsible for preparing the financial statements in compliance with IFRS? Is your company considering a move to IFRS? Or do you simply want to extend or to refresh your IFRS expertise? Then PwC’s intensive course on IFRS is right for you.

Objectives

Our module based IFRS course will help you deal with IFRS professionally and apply the standards competently by giving you:

  • a solid basic understanding of the most important IFRS/IAS standards and of recent developments
  • detailed knowledge of the content of these standards and how they are applied.

You will learn how IFRS facilitates transparent external reporting. But you will also find out how to use it as a helpful instrument that supports you in assessing the financial position of your company and in recognising priorities. The course shows you how to put the theory into practice.

Dates and Topics

The course will be held in four modules, each lasting one day from 8:30 am to approx. 6 pm, in English.

Monday, 4 June 2017
Module 1: Revenue (IFRS 15), Share based payments and others

Tuesday, 5 June 2017
Module 2: Leases (IFRS 16), Taxes, Pension, Foreign exchange rates

Monday, 11 June 2017
Module 3: Consolidation & Business combinations

Tuesday, 12 June 2017
Module 4: IFRS 9 Financial instruments

Organisation

All modules are specially designed for finance specialists and users of IFRS. In class you have presentations, group work, case studies and sharing sessions to expand and apply what you have learned.

Presenters and instructors

The course is presented by experienced PwC IFRS specialists.

Register here

Fee

Module 1: CHF 1,300 including VAT
Module 2: CHF 2,500 including VAT
Module 3: CHF 3,600 including VAT
Module 4: CHF 4,500 including VAT

For further information please visit our website Intensive Course on IFRS

Contacts

David Mason
PwC ACS Leader
+41 58 792 9490
david.mason@ch.pwc.com

Gesa Mannigel
PwC Assurance Director
+41 58 792 2454
gesa.mannigel@ch.pwc.com

NPO VAT Community breakfast: How will the VAT law revision impact your organisation?

On 1 January 2018, the VAT law revision will enter into force with many impacts for Swiss companies, associations and foundations, as well as foreign companies and non-profit organizations. VAT regulations rules and relevant turnover for determining threshold will change.

Are you wondering what this revision means for your organization?
Join our next NPO VAT community breakfast, which will take place on Tuesday 16 January at the PwC Geneva office from 8.30 – 11.00 am.

Details and registration

What should you expect from this event?

  • Get a first overview on the law revision’s impacts
  • Study comparative cases and examples
  • Discuss your current concerns & challenges
  • Get insight and recommendations from our PwC experts
  • Network with VAT peers from non-profit organizations

EU Referendum – Employers Q&A

The UK’s decision to leave the EU will have significant implications for business, and we are already working to support them as these implications become clearer.

Experience has taught us that UK business is adaptable and innovative when confronted with new challenges and opportunities. Nevertheless, there will be significant uncertainty over the coming months as the detailed political and legal issues are worked out, and business confidence may be impacted.

We are committed to helping you navigate through the new political and economic landscape and adapt to changing market conditions.

Read our newsletter to answer the following questions.

  • So what happens following 23 June 2016?
  • What is the position when we exit?
  • What is the position for EU/Swiss nationals in the UK?
  • What are the possible outcomes?
  • Can UK companies still employ EU/Swiss nationals?
  • What is the position for UK nationals in the EU/Switzerland?

 

If you have any further questions please contact Julia Onslow-Cole or Mirela Stoia.