Why Every Small Business Should Have a Monthly Finance Health Check

Your business has numbers. Bank balances. Payments in. Bills out. A few spreadsheets, maybe. But here’s the question: when was the last time you actually checked the financial health of your business, properly?

For most small business owners, it’s once a year. Usually in January. Often in a panic. But running your business without checking the numbers monthly is like running a race without knowing the distance, your pace, or whether you’re even on the right track.

That’s why a Monthly Finance Health Check isn’t just a "nice to have" it’s the difference between struggling to survive and building a business that thrives.

What Happens When You Don’t Check In Monthly

Let’s break it down. When you don’t review your financial position regularly:

• You miss problems early Maybe a client hasn’t paid, your overheads have crept up, or your margins are shrinking. You won’t see it, until it’s already done damage.

  
  

• You overpay on tax Without timely planning, you're likely missing out on allowances, expense claims, and VAT reclaims. It’s money out the door that could’ve stayed in your pocket.

  
  

• You make decisions in the dark Hiring a new staff member? Launching a new service? Investing in equipment? Without real numbers, you’re rolling the dice.

What a Monthly Health Check Actually Looks Like

This doesn’t need to be an all-day audit. In fact, our monthly check-ins take less than an hour. But they pack a punch:

• Profit & Loss Analysis Are you making a profit? Are certain clients or products dragging down your margins? We break this down so you know what’s working and what isn’t.

  
  

• Cash Flow Snapshot How much cash do you have now? What’s coming in and going out over the next 30–60 days? We’ll flag risks before they become real problems.

  
  

• Tax & Compliance Timeline From VAT returns to PAYE and Corporation Tax we show what’s coming up, so you can plan, not panic.

  
  

• Cost & Expense Review Subscriptions you forgot about? Energy bills creeping up? Software licenses no one’s using? We highlight cost-saving opportunities fast.

  
  

• Tailored AdviceWe don’t just present numbers, we give actionable insight. “Here’s what we’d do if this was our business.”

  
  

How Much Does It Cost?

At Jfa, we believe every business should know where they stand financially without feeling like they’re paying for a mystery box of numbers.

That’s why we offer a free 1-hour introductory Finance Health Check to new clients. No pressure, no jargon just a chance to sit down, review your numbers, and show you the kind of insight we can bring to your business.

After that, regular monthly finance health checks are included in all our pricing packages. These include:

• Bespoke reporting tailored to your business

• Monthly 1-to-1 reviews

• Unlimited email support during business hours

• Proactive tax planning and cost-saving advice

  
  

You won’t get vague templates or end-of-year surprises, just solid, strategic financial clarity.

Final Thought: Know Where You Stand

The most successful business owners aren’t the busiest. They’re the ones who make time to regularly check their direction.

A Monthly Finance Health Check gives you:

• Confidence to grow

  
  

• Clarity on what’s working

  
  

• Control over your cash

  
  

If you don’t have a plan to check your numbers every month, you don’t have a plan.

Wrapping up today’s insights, tomorrow we simplify another accounting challenge