Bank Reconciliation: Why It’s Important & How to Do It

by Cheqly team | | Bank Reconciliation

Business owners frequently cross-reference their records with bank transactions to ensure everything runs smoothly. They can verify that the figures on their balance sheet match the bank statement, which is a best practice. The balance sheet is adjusted if any discrepancies or fraudulent charges are found. The month-end close procedure involves examining the balance sheet, … Continued

Top 10 Reasons You May Require a Business Valuation

by Cheqly team | | Business Valuation

Looking at some of the most common scenarios that necessitate a valuation, you will be able to identify when it might be time to get one for your business. Here are 10 key reasons you might need one: 1. Succession Planning One of the important steps in succession planning is to know how much the … Continued

Understanding Business Valuation: A Guide for Small Business Owners

by Cheqly team | | Business Valuation

Are you a small business owner wanting to sell, an investor looking to buy, or just curious about your company’s value? Knowing how much your business is worth helps you make better decisions. In this article, you’ll discover detailed insights into business valuations, including the different types of valuations, why they are necessary, and how … Continued

Top 7 Tax Planning Tips for Effective Small Business Savings

by Cheqly team | | Tax Planning Tips

This article explores some of the tax strategies that small business owners can use to not only get through tax season but also to start building towards future success. Top 7 Tax Tips for Small Business Savings For startups, choosing the best company form is an essential tax planning tactic. Let’s explore all the tax … Continued

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