Small Business Financial Health Checklist
Updated: February 23, 2026
Monthly checklist to keep your small business finances healthy and organized.
What's Inside
- monthly review checklist
- cash flow tracker
- tax prep guide
Preview
Small Business Financial Health Checklist
Financial Health Check
Check your financial health by reviewing these key metrics:
- Current Accounts:
- [ ] Cash Reserves (3-6 months)
- [ ] Accounts Receivable (Days Sales Outstanding)
- [ ] Inventory Turns
- Current Liabilities:
- [ ] Accounts Payable (Days Sales Outstanding)
- [ ] Short-term Debt (e.g. credit cards, loans)
- Operating Expenses:
- [ ] Salaries and Wages (as a percentage of revenue)
- [ ] Marketing and Advertising Expenses
- [ ] Rent or Mortgage Payments
- Cash Flow:
- [ ] Current Cash Balance
- [ ] Projected Cash Flows (6-12 months)
Review Your Numbers
Take an in-depth look at your financial data to identify trends, areas for improvement, and opportunities for growth:
- Analyze your income statement to understand revenue streams and expense categories.
- Review your balance sheet to assess your asset allocation and liquidity...