Financial statements, frequency of receiving

Yes, you should bother, without question. Monthly reports on the financial activity of your business are as important as making a good product or closing a sale. And a case can be made that a fast-moving business needs to manage with regular financial statements even more than one that is growing more slowly.

Without frequent reporting, trends, such as growing inventory, uncollected receivables, unreconciled bank accounts or falling sales, can become entrenched and dangerous before you even know they're happening.

Get help if you need it to learn how to read them and use them efficiently.