Cheqly Blog about Business Accounts in US

Venture Debt for SaaS: How It Works at Every Phase

by Cheqly team | January 13, 2025 | Venture Debt

By analyzing the way venture debt plays out at different levels of the SaaS business, it becomes possible to understand non-dilutive funding solutions. Whether you are a startup founder or co-founder looking for ways to invest in funding for the SaaS business’s venture debt, it can be powerful enough to grow without diluting equity. Venture … Continued

10 Key Factors to Consider in Business Valuation

by Cheqly team | January 10, 2025 | Business Valuation Factors

It is important to determine the value of a business before selling, purchasing, or investing in an entity. Business valuation is a multifaceted tool that supports various aspects of ownership—from strategic planning to legal compliance—making it an essential practice for business owners aiming to optimize their operations and prospects. They may sell to an equity … Continued

What You Need to Open a Business Bank Account in the US

by Cheqly team | January 7, 2025 | Business Bank Account

You may have an extensive to-do list and insufficient time to complete it if you establish a new business. However, there is one aspect you should pay attention to when opening a business bank account. Small business owners can derive numerous advantages from a business bank account depending on their bank and specific requirements. Continue … Continued

Wire Transfer vs Bank Transfer: What’s the Difference?

by Cheqly team | January 3, 2025 | Bank Transfer , Wire Transfer

Bank wire transfers and international bank transfers are safe methods of sending money, but they are slow and expensive, though reliable. They have a lot in common, but they are also quite different. For instance, one is automatic, while the other necessitates intermediary institutions. While it can be feasible to dispute funds in one structure, … Continued

7 Key Financial Ratios Every Small Business Should Know

by Cheqly team | December 30, 2024 | Financial Ratios

To future or present business proprietors, an enhanced understanding of business formulas could help in attaining better precision and clutter free bookkeeping of business transactions. Financial ratios may, however, be important to business owners in a bid to determine the overall viability of their business by calculating the following ratios: Here are a few that … Continued