The One Report Every Small Business Owner Should Check Monthly

If you only check one thing in your business each month, make it this: your Profit & Loss Statement (P&L).

This single report can show you what’s working, what’s not, and what needs to change—if you know how to read it.

Why It Matters

Your P&L tells the real story behind your revenue. You might think your business is growing, but if your expenses are growing faster than your sales, your profit is shrinking. Without checking monthly, small leaks can become big problems.

3 Things to Look For in Your P&L

1. Trends in Revenue – Is income going up or down? Are you relying too heavily on one product or client?

2. Expense Creep – Are subscriptions, software, or supply costs slowly increasing over time? These eat into your profit.

3. Net Profit Margin – Are you keeping enough of what you make? If not, it’s time to evaluate pricing or reduce overhead.

What Our Clients Say

“I used to feel like I was flying blind. Now I know exactly where my business stands every month—and I’ve grown more in the last year than the three before that combined.” – Sarah T., small business owner

Want Help Reading Your Numbers?

We provide monthly P&L reviews for our clients, in plain English. No jargon. Just real insights and action steps.

If you’re ready to stop guessing and start leading your business with clarity, let’s talk.