There has been discussions about to limit imperial squadrons to their squadron command value to represent that the rebel snubfighters are actually equipped with hyperdrives and thus they had no limitations. On the orther hand I'm not sure whether the squadron command represent the amount of squadrons carried or not. I more belive it is the amount of squadrons that could be guided/commanded/supported at a time by the ships flight assist operation. So its kind a wash.
On the other hand, during the deployment phase all squadrons are placed within short range og a ship, which kind of represent that the ships just dropped out of hyperspace and launched their fighters. Based on this thought came the idea of representing squadrons with fighters that are equipped with hyperdrives: They could be placed independently of ships within the set-up zone or within the range of ships. So that you can actually start to place your squadrons first. Of course a list of fighters would have to be FAQ'ed to distinguish those without a hyperdrive: this would be the Tie Fighters, Tie Interceptors and Tie Bombers. Those have to be placed within range 2 of ships, all others could be placed in the setup zone as if they were ships, to represent the indepentence from ships due to their hyperdrives.
What do you think? Would this be a proper representation? Would this put the Empire behind or even break the game?